Important Current Affairs GK Quiz for IBPS PO Exams 2016

August 7, 2016    

Important Current Affairs GK Quiz for IBPS PO Exams (6th 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). Which country has announced that it will not host the European Road Cycling Championships?
a) Germany
e) None of these


Answer: b)
Explanation: The French city of Nice says it will not host the European Road Cycling Championships, planned for 14th to 18th September, for security reasons.

2). Name the bill introduced by Government of India regarding compensation to employees.
a) Safety, Rehabilitation and Compensation Act 2016
b) The Workers Compensation Regulator Act 2016
c) Accident Compensation Act 2016
d) Employees Compensation (Amendment) Bill 2016
e) None of these


Answer: d)
Explanation: Labour minister BandaruDattatreya introduced the Employees’ Compensation (Amendment) Bill, 2016, to raise the cap on disputed amount of compensation for appeal in high courts was introduced in the LokSabha.

3). Who has been appointed as an independent Director of IDFC Bank?
a) PramatheshBaru
b) RaoSikandarIqbal
c) AnandSinha
d) Gourishankar Roy
e) None of these


Answer: c)
Explanation: Private sector lender IDFC Bank has appointed former Reserve Bank of India deputy governor AnandSinha on its board as an independent director.

4).Research Ltd (CARE Ratings)?
a) Rajesh Mokashi
b) KaliashNathKatju
c) Seth Govind Das
d) BaikunthaaShukla
e) None of these


Answer: a)
Explanation: The Board of Directors of Credit Analysis and Research Ltd (CARE Ratings) has appointed Rajesh Mokashi as the Managing Director & CEO of the company, subject to approval at the ensuing Annual General Meeting, with effect from 22nd August 2016.

5). Name the International credit rating agency which has affirmed its ‘BBB-’ long-term rating and ‘A-3’ short-term rating on ICICI Bank.
b) S&P Global
c) Fitch Ratings
d) Moody’s Corporation
e) None of these


Answer: b)
Explanation: International credit rating agency S&P Global Ratings has affirmed its ‘BBB-‘ long-term rating and ‘A-3’ short-term rating on ICICI Bank, citing the bank’s strong business position and good business diversity as some of the key drivers.

6). SEBI proposes new framework for which type of trading?
a) Proprietary Trading
b) Money Marketing
c) Algorithmic Trading
d) Day Trading
e) None of these


Answer: c)
Explanation: To stop inequitable trading access to the exchanges, markets regulator Sebi on Friday proposed a new framework for super-fast algorithmic trading and co-location facility, including by suggesting 'speed bumps' and separate queues for algo and non-algo trades.

7). Country’s foreign exchange reserves have reached _______ billion dollar in the week to July 29.


Answer: d)
Explanation: Country’s foreign exchange reserves rose by $ 2.81 billion to reach aall time high of $ 365.49 billion in the week to July 29, helped by rise in foreign currency assets, the Reserve Bank has said.

8). Government sets inflation target at ________ per-cent for the next five years.


Answer: e)
Explanation: The Finance Ministry has notified an inflation target of 4 per cent with a range of 2 per cent for the next five years.

9). Which state government launches new website of state Home department?
b) Chhattisgarh
c) Maharashtra
d) Andhra Pradesh
e) Karnataka


Answer: a)
Explanation: The Odisha government has launched a new website of the state Home department to enable the differently-abled persons to see and hear the website.

10). Which country has recently successfully launched the first satellite for mobile telecommunication?
c) South Korea


Answer: b)
Explanation: China successfully launched the first satellite for mobile telecommunication. The Tiantong-01 satellite was launched at 00:22 a.m. Beijing Time, at southwestern China's Xichang Satellite Launch Center, with the Long March-3B carrier rocket.

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Important Current Affairs GK Quiz for IBPS PO Exams 2016 4.5 5 Yateendra sahu August 7, 2016 Important  Current Affairs GK Quiz for  IBPS PO Exams  (6th August 2016) : Dear Readers, Here we have given the Current Affairs GK ques...


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