1. Which of the following US com-ponies was stripped of its AAA rating recently?
(A) Exxon mobile
(B) Johnson & Johnson
(C) Microsoft
(D) Automated Data Processing
2. Consider the following statement about 'Small Finance Banks in India' and choose the correct code given below :
I. 75 per cent of their loans and advances must go to priority sector.
II. They can accept deposits of any size.
III. 50 per cent loan assets must not exceed Rs 25 lakhs.
IV. Non-Banking companies are not eligible to establish such banks.
The correct code is—
(A) I, II and III are correct
(B) II, III & IV are correct
(C) III and IV are correct
(D) All are correct
3. 'Window 'practice is extensively used in-
(A) Retail Business
(B) Real Estate Industry
(C) Music Industry
(D) Insurance Industry
4. Which is the second largest recipient of remittance in India, while Kerala is at the top?
(A) Uttar Pradesh
(B) Maharashtra
(C) Punjab
(D) Tamil Nadu
5. 'Enhanced Hammer' is an auction-based tactic which dis-proportionately benefits-
(A) Buyers
(B) Sellers
(C) Auction Houses
(D) Bonded Warehouses
6. Which of the following statements is incorrect about the proposed 'payment banks'?
(A) RBI has given 'in-principle' approval to 11 entities to establish payments bank
(B) Cholamandalam Distribution services has withdrawn from the race of payments bank
(C) Dilip Sanghvi dropped the payments bank plan
(D) All the eleven entities are in process to establish the payments banks
7. Which of the public sector banks has reported ever highest loss in a quarter ending March 2016?
(A) Punjab National Bank
(B) Syndicate Bank
(C) Indian Overseas Bank
(D) Dena Bank
8. Which of the following sector uses the term 'Cabot age'?
(A) Gems & Jewelry
(B) Transportation
(C) Mining
(D) Energy
9. Allen Lee's name was in the news. The reason was-
(A) She was the richest venture capitalist in 2015
(B) She was the first woman investor in Goggle
(C) She coined the term 'unicorn'
(D) She is the voice behind Apple's 'Siri'
10. Which of the following states in India legalized the online gaming for the first time?
(A) Chhattisgarh
(B) Telangana
(C) Goa
(D) Nagaland
11. Which of the following is the largest car manufacturing company in 2015?
(A) Toyota
(B) Volkswagen
(C) Kia Motors
(D) General Motors
12. Okun's law represents relationship between-
(A) Unemployment and inflation
(B) Unemployment and GNP
(C) Unemployment and income inequality
(D) GNP and income inequality
13. Which of the following cities have emerged as the winner in the second round of 'Smart Cities' inclusion list?
(A) Lucknow, Warangal, Chandigarh, New Town Kolkata
(B) Dharamshala, Raipur, Bhagalpur, Imphal
(C) Agartala, Faridabad, Panji, Chandigarh, Port Blair
(D) All of the above
14. How many entities have surrendered their license for Payments banks, by the end of May 2016?
(A) Three
(B) Two
(C) One
(D) None of these
15. Which of the following is a 'Decentralized Autonomous Organisation'?
(A) A venture capital fund
(B) A trade association
(C) A market regulator
(D) A financial regulator
16. Which of the following countries has the record for the longest period of unintrupted economic expansion?
(A) Australia
(B) Netherlands
(C) UK
(D) Brazil
17. Which country runs world's largest sovereign wealth fund?
(A) China
(B) Norway
(C) India
(D) Abudhabi
18. In the history of India's election process I which state have elections of two constituencies been cancelled on the ground of use of money to influence voters?
(A) Bihar (2015)
(B) Tamil Nadu (2016)
(C) West Bengal (2016)
(D) Uttar Pradesh(2012)
19. Who is the chairperson of high profile committee to review the Fiscal Responsibility and Budget Management Act?
(A) N.K Singh
(B) Y.B, Reddy
(C) C. Rangarajan
(D) Urjit Patel
20. Which of the following trains has CCTV surveillance for the first time in India?
(A) Gatiman Express
(B) New Delhi-Lucknow Shatabdi Express
(C) Shan-e-Punjab Express
(D) August Kranti Express
21. NAURU has become ……………… member of IMF and World Bank.
(A) 186th
(B) 187th
(C) 188th
(D) 189th
22. Consider the following facts about Krishi Kalyan Cess and choose the correct code given below :
I. The cess will apply on all taxable services.
II. As with the Swachh Bharat Cess, it is not leviable on the component of service tax but on the value of the service.
III. Service providers will get credit on the cess paid on input services.
IV. Manufacturing units will not be able to set off the cess paid
(A) I and II are correct
(B) II and III are correct
(C) I and IV are correct
(D) All are correct
23. Which of the following is the fastest growing economy of the world in 2016?
(A) China
(B) India
(C) Singapore
(D) South Korea
24. Which quarter's GDP growth rates in 2015-16 remained highest in India?
(A) First Quarter (April-June)
(B) Second Quarter (July-September)
(C) Third Quarter (October-December)
(D) Fourth Quarter (January-March)
25. 'Giving Pledge' is-
(A) A campaign of Government of India to motivate well-to-do people to give up subsidized LPG cylinder
(B) An international drive to arrange financial resources for philanthropy
(C) A campaign to save girls child
(D) A drive to discard polluting devices and appliance
26. Which of the following Indian Corporate magnates is associated with 'Giving Pledge'?
(A) Azim Premji
(B) Kiran Maxumdar Shaw
(C) Shobha Menon
(D) All of the above
27. Which of the following wrestlers will represent India in Rio Olympics?
(A) Vinod Kumar
(B) Ravinder Khatri
(C) Narsingh
(D) None of the above
28. Which of the following cities has emerged as the choicest hub for global Housing innovation?
(A) Noida
(B) Gurugram
(C) Bengaluru
(D) Hyderabad
29. India's ranking in 'Good Country Index 2015' is-
(A) 54th
(B) 70th
(C) 89th
(D) 104th
30. Bajaj Auto has launched 'Bajaj V', a 150cc motorcycle in April 2016.The 'V' represents _
(A) 'Vikrant'
(B) 'Victory'
(C) 'Vantage'
(D) 'Valorous'
31. Coco-Cola has recently suspended the production in-
(A) Zimbabwe
(B) Argentina
(C) Venezuela
(D) Latvia
32. The Q ratio is used to estimate the-
(A) fair value of country's stock market
(B) Size of country's manufacturing sector
(C) Creditworthiness of a country
(D) Elasticity of a country's exports
33. Which of the following central banks of a country is presently headed by a foreigner?
(A) Libya
(B) Israel
(C) Afghanistan
(D) England
34. The Rule of 144 estimates the time taken for money to-
(A) Double
(B) Triple
(C) Quadruple
(D) Quintuple
35. Recently the first Talgo train trial was conducted between Bareilly and Moradabad rail route at a maximum speed of 115 kmph for oscillation test, The Talgo train belongd to-
(A) Spain
(B) Japan
(C) China
(D) USA
36. Consider the following facts about pradhan Mantri Ujjwala Yojana, and choose the correct code given below :
I. The scheme was launched on May 1, 2016 in Balia (UP)
II. LPG connections are being given to the rural households of below poverty line category
III. The connection is in the name of women of BPL households.
IV. Financial assistance of Rs 1600 is being provided to purchase regulator and gasburner etc.
The correct code is-
(A) II, III and IV are correct
(B) II and III are correct
(C) I and IV are correct
(D) All are correct
37. Which of the following states is at the top in 2016 in doing business ranking on a real-time basis by the Department of Industrial Policy and Promotion (DIPP)?
(A) Bihar
(B) Madhya Pradesh
(C) Gujarat
(D) Tamil Nadu
38. At present lending rate determined by the bank is called-
(A) Base Rate
(B) Prime Lending Rate
(C) Marginal Cost of Funds based lending rate
(D) Interest rate charged on loans
39. Which of the following is not considered while deciding the Marginal Cost based Lending Rate?
(A) Marginal Cost of Funds
(B) Negative Carry on account of CRR
(C) Tenor Premium
(D) Minimum rate of return
40. NITI Aayog has set the highway network target for 2016-17 at_
(A) 86,372 km
(B) 24,706 km
(C) 28,182 km
(D) 74,513 km
ANSWERS
| 1 (A) | 2 (A) | 3 (C) | 4 (B) | 5 (B) |
| 6 (D) | 7 (A) | 8 (B) | 9 (C) | 10 (D) |
| 11 (A) | 12 (B) | 13 (D) | 14 (A) | 15 (A) |
| 16 (B) | 17 (B) | 18 (B) | 19 (A) | 20 (C) |
| 21 (D) | 22 (D) | 23 (B) | 24 (D) | 25 (B) |
| 26 (D) | 27 (A) | 28 (C) | 29 (B) | 30 (A) |
| 31 (C) | 32 (A) | 33 (D) | 34 (C) | 35 (A) |
| 36 (D) | 37 (A) | 38 (C) | 39 (D) | 40 (A) |
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