DECEMBER 2016 - prepmasters.in. CAPSULE - DEC 2016.pdf · Vivek Devrai c. Nachiket Mor d. None of...

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ECONOMY NEWS 1. GDP grows 7.3 percent in second quarter (from July to September). What was the GDP growth rate in first quarter (from April to June)? a. 7.1% b. 7.3% c. 7.9% d. None of these 2. Which of the following organization released GDP data? a. CSO b. RBI c. SEBI d. None of these 3. What is the growth rate of Agriculture sector in second quarter? a. 3.3% b. 3.5% c. 5% d. None of these 4. Which of the following agency/organization is responsible for the approval of merging of Banks? a. Competition commission of India b. RBI c. Ministry of finance d. None of these 5. Match the following: I. AEPOS Aadhaar Enabled Point of Sale II. BMBL Bharatiya Mahila Bank Ltd. III. IBBI Insolvency and Banking Board of India IV. CKYCR Central KYC Record a. All are true b. None of these c. I and II are true d. II and IV are true 6. IIP (Index of Industrial Production) is released by______. a. CSO b. RBI c. SEBI d. None of these 7. RBI has given to Utkarsh Micro finance Private Ltd. to start small finance bank operations. Utkarsh Micro Finance Private Ltd. is belong to which of the following city? a. Varanasi b. Pune c. Lucknow d. None of these 8. Promoter Initial minimum contribution 40% (NOFHC) with a ______years lock in period a. 5 b. 10 c. 15 d. None of these 9. The RBI challenged the legality of the TATA Docomo deal in the Delhi High Court, citing violation of ________. a. PMLA b. FEMA c. FERA d. None of these 10. Central government increased investment limit of EPFO in ETF (Exchange Traded Fund) from 5% to_______. a. 10% b. 15% c. 20% d. None of these 11. Who of the following is appointed as a chief of IBBI for first five years? a. M. S. Sahoo b. Vivek Devrai c. Nachiket Mor d. None of these 12. The main activity of IBBI would be to regulate the functioning of insolvency professionals, insolvency professional agencies and information utilities under the insolvency and Bankruptcy code 2016. What is the full form of IBBI? a. Insolvency and Bankruptcy Board of India b. India Banking Board of India c. India Business Board of India d. None of these DECEMBER 2016

Transcript of DECEMBER 2016 - prepmasters.in. CAPSULE - DEC 2016.pdf · Vivek Devrai c. Nachiket Mor d. None of...

Page 1: DECEMBER 2016 - prepmasters.in. CAPSULE - DEC 2016.pdf · Vivek Devrai c. Nachiket Mor d. None of ... I. N Chandra Babu Naidu Committee Digital Payment II. Mohandas Pai Committee

ECONOMY NEWS 1. GDP grows 7.3 percent in second quarter (from July to September). What was the GDP growth rate in first

quarter (from April to June)? a. 7.1% b. 7.3%

c. 7.9% d. None of these 2. Which of the following organization released GDP data?

a. CSO b. RBI c. SEBI d. None of these 3. What is the growth rate of Agriculture sector in second quarter?

a. 3.3% b. 3.5% c. 5% d. None of these 4. Which of the following agency/organization is responsible for the approval of merging of Banks?

a. Competition commission of India b. RBI c. Ministry of finance d. None of these

5. Match the following: I. AEPOS Aadhaar Enabled Point of Sale II. BMBL Bharatiya Mahila Bank Ltd. III. IBBI Insolvency and Banking Board of India IV. CKYCR Central KYC Record

a. All are true b. None of these c. I and II are true d. II and IV are true 6. IIP (Index of Industrial Production) is released by______. a. CSO b. RBI

c. SEBI d. None of these 7. RBI has given to Utkarsh Micro finance Private Ltd. to start small finance bank operations. Utkarsh Micro

Finance Private Ltd. is belong to which of the following city? a. Varanasi b. Pune c. Lucknow d. None of these

8. Promoter Initial minimum contribution 40% (NOFHC) with a ______years lock in period a. 5 b. 10

c. 15 d. None of these 9. The RBI challenged the legality of the TATA Docomo deal in the Delhi High Court, citing violation of

________. a. PMLA b. FEMA c. FERA d. None of these

10. Central government increased investment limit of EPFO in ETF (Exchange Traded Fund) from 5% to_______. a. 10% b. 15%

c. 20% d. None of these 11. Who of the following is appointed as a chief of IBBI for first five years? a. M. S. Sahoo b. Vivek Devrai

c. Nachiket Mor d. None of these 12. The main activity of IBBI would be to regulate the functioning of insolvency professionals, insolvency

professional agencies and information utilities under the insolvency and Bankruptcy code 2016. What is the full form of IBBI? a. Insolvency and Bankruptcy Board of India b. India Banking Board of India c. India Business Board of India d. None of these

DECEMBER 2016

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13. How many members are present in IBBI? a. 4 b. 5

c. 9 d. None of these 14. The RBI decided to limit cash withdraws from Jan-Dhan accounts at Rs. ________ per month to avoid

misuse. a. 10,000 b. 5,000 c. 24,000 d. None of these

15. Soft Bank may surpass $ 10 billion commitment to India. Soft Bank is a company of which country? a. Japan b. U.S.A. c. Russia d. None of these

16. Match the following: Organisation (2017) India’s GDP rating I. Fitch 6.9% II. ICRA 7.5% III. CARE 7.5-7.3% IV. Ambit Capital 3.8% a. All are true b. I and II are true

c. II and IV are true d. None of these 17. Bharat Bill Payment System is a initiative of ________. a. NPCI b. RBI

c. SEBI d. IRDA 18. Banking Ombudsman scheme started in which of the following year?

a. 2006 b. 2009 c. 2010 d. None of these

19. Who of the following is the vice president of NITI Aayog? a. Arvind Panagaria b. Amitabh Kant

c. Prime Minister d. Arun Jaitely 20. Which of the following Bank has launched UPI (Unified Payment Interface) solution for its corporate and

financial institutional and commercial banking customers? a. Standard Chartered Bank b. HSBC c. ICICI d. None of these

21. Bank deposits are insured by DICGC for a maximum amount of Rs. 1 lakh per depositor per bank. DICGC’s facilities not applicable on_______

a. NBFCs b. Private Bank c. Public d. None of these

22. Match the following: I. N Chandra Babu Naidu Committee Digital Payment II. Mohandas Pai Committee for Services under IBBI III. Uday Kotak Committee For liquidation under IBBI IV. S S Mundra Committee Recalibration of ATMs

a. All are true b. I and II are true c. II and IV are true d. None of these 23. Match the following: I. Buzz Credit Card Axis Bank II. Over Draft facility on Home loan ICICI III. Mingle SBI IV. UPI NPCI

a. All are true b. I and II are true c. II and III are true d. None of these

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24. What will be the approximate cost for SBI for merger of its subsidiaries and Bharatiya Mahila Bank with it?

a. Rs. 3000 Crore b. Rs. 1000 Crore c. Rs. 500 Crore d. None of these

25. RBI has recently deregulated the rates of interest to be provided by various Banks to their depositors/ customers with effect from 25-10-2011 on their accounts? a. Time Deposits b. Saving Account c. Loan d. None of these

26. Interest on saving bank account is now calculated by banks on _______. a. Minimum Balance during the month b. Minimum Balance from 7th to last day of the month c. Daily product Basis d. None of these

27. Which India Bank has been adjudged the “Best Bank for SME Lending” by Assocham? a. Vijaya Bank b. SBI

c. ICICI d. None of these 28. Match the following: I. USSD Unstructured Supplementary Service Data II. UPI Unified Payment Interface III. VPA Virtual Payment Address IV. EFTPOS Electronic Fund Transfer Point of Sale a. All are true b. I and II are true

c. II and IV are true d. None of these 29. Which of the following organization is established mainly to promote micro, small and medium industrial

sector in India? a. NABARD b. SIDBI

c. RBI d. None of these 30. Match the following:

I. IIP Index of Industrial Production II. CSO Central Statistics organization III. IMPS Immediate Payment Service IV. NAV Net Assets Value a. All are true b. I and II are true

c. II and IV are true d. None of these 31. Ratan P. Watal committee has submitted its report to central government R Watal committee related

to_______. a. Digital Payment b. New Financial Year

c. Agriculture d. None of these 32. The rate below which banks cannot generally lend is called as

a. MCLR b. Floor rate c. Repo rate d. None of these

33. MCLR (Marginal cost of fund based lending Rate) is decided by_______. a. Central Government b. RBI c. Banks Individually d. None of these

34. In India, the cheque books are printed in ________. a. Hindi & English b. Hindi Only

c. English Only d. None of these 35. NABARD regulates RIDF. In RIDF, ‘I’ stands for _______.

a. Industry b. Indian c. Infrastructure d. None of these

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36. What is the maximum period for which a term deposit can be normally opened? a. 18 years b. 10 years c. 5 years d. None of these

37. RBI has released a data about printing of currency notes. How much currency notes is related by RBI till November, 30? a. Rs. 4.27 lakh Crore b. Rs. 4.9 lakh Crore c. Rs. 10 lakh d. None of these

38. Cash kept in the currency chest is owned by_______. a. RBI b. Banks

c. SEBI d. None of these 39. Bitcoin rises to near three year high after Indian’s currency move. Bitcoin is a ________ currency.

a. Digital Currency b. Paper Currency c. Gold coin d. None of these

40. Which of the following sector is mostly affected by demonetization? a. Informal Sector b. Banking Sector c. Industrial Sector d. None of these

41. Ajit Mohan Committee is related to which of the following sector? a. Digital Piracy b. Digital Payment c. Financial Inclusion d. None of these

42. The interest rate on EPF (Employee Provident Fund) is likely to decrease. The Present interest rate on EPF is 8.8%. The EPFO comes under which ministry? a. Ministry of Labour b. Ministry of finance

c. Ministry of commerce & Industry d. None of these 43. Which of the following organization is responsible for the regulation of interest rate on EPF?

a. Ministry of finance b. Ministry of Labour c. Ministry of Social Justice d. None of these 44. Retail inflation at two year low of 3.6%. What is the inflation target of RBI for the year 2016-17?

a. 5% b. 9% c. 15% d. None of these

45. RBI considers which type of inflation at the time of monetary policy review? a. CPI based inflation b. WPI based inflation

c. CPI (IW) based inflation d. None of these 46. Which of the following fund is required to open a private Bank? a. 500 Crore b. 100 Crore

c. 1000 Crore d. None of these 47. Recently Ratan P Watal committee has sent its report to central government about digital payment. It has

recommended that a new agency like RBI would be developed by central government which regulates digital payment. Name of this agency is ________. a. Payment Regulation Board (PRB) b. Payment & Settlement Board (PSB)

c. Payment & Digital Board d. None of these 48. What is the shareholding of central government in GSTN (Goods & Service Tax Network)?

a. 45% b. 24.5% c. 50% d. None of these

49. Amount in BSBDA (Basing Saving Bank Deposit Account) should not exceed at any point of time is Rs._______.

a. 5,000 b. 1, 00,000 c. 10,000 d. None of these

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50. Match the following: I. MDR Merchant Discount Rate II. AQR Assets Quality Review III. DRT Debt Reconstruction Tribute IV. SDR Strategic Debt Restructuring

a. All are true b. I and II are true c. II and IV are true d. None of these 51. The country’s trade deficit ballooned to $ 13 billion. Trade deficit refers to________.

a. Difference b/w Export and Import b. Difference b/w FDI and FII c. Difference b/w Income of a country and others d. None of these

52. Match the following: I. IFA (India Aspiration Fund) Rs. 2000 crore II. SMILE (SIDBI Make in India Loan for Enterprises) Rs. 10000 crore III. NCGTC (National Credit Guarantee Trusty Company) Rs. 5000 crore IV. CGTMSE (Credit Guarantee Trust fund for Micro Small Enterprises) Rs. 3000 crore

a. All are true b. I and II are true c. II and IV are true d. None of these 53. Maximum amount that can be raised by any company through Masala bonds is __________.

a. Rs. 5000 Crore b. Rs. 2000 Crore c. Rs. 10000 Crore d. None of these

54. SAKSHAM is a portal launched by central government for which purpose a. GST b. Inflation

c. Start Up d. None of these 55. RBI opposes proposal to set up a separate payment regulator for the regulation of digital payment. Which

of the following committee has proposal this move? a. Ratan P. Watal Committee b. M. B. Shah Committee

c. Anurag Thakur Committee d. None of these 56. The RBI has asked banks and prepaid instruments issues to waiver all customers charges for transactions

up to Rs. 1000 settled on the IMPS, USSD and ________. a. UPI b. UPA

c. Banks d. None of these 57. Match the following: I. MMID Mobile Money Identifier II. MPIN Mobile Banking Personal Identification Number III. NUUP National Unified USSD Platform IV. MDR Merchant Discount Rate. a. All are true b. I and II are true

c. II and IV are true d. None of these 58. MMID is a _________ digit random number issued by the bank upon registration for interbank funds

transfer. a. 7 b. 11

c. 15 d. None of these 59. MPIN is a _______ digit code used to authenticate IMPS transactions while doing on National Unified

USSD platform (NUUP). a. 4 b. 5 c. 8 d. None of these

60. The board of financial Benchmarks of India has taken over the responsibility of administration of _______. a. Repo Rate b. Bank Rate c. Inter Bank MIBPR Benchmark Rate d. None of these

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61. Which of the following is not a money market instrument? a. Certificate of Deposit b. Treasury Bills c. Commercial Paper d. None of these

62. HDFC wins RBI nod to raise Rs. 3000 Crore more in Masala Bonds. Rate of interest on Masala bonds is decided by______. a. RBI b. SEBI

c. Companies Individually d. None of these 63. Specified Bank Notes (SBNs) of Rs. 500 and Rs. 1000 returned to RBI and currency chests amounted to

Rs. _______ lakh crore as of December 10, 2016. a. 12.44 b. 15.44

c. 19.44 d. None of these 64. The International Migrants Day (IMD) is observed on which date?

a. December, 18 b. December, 19 c. December, 20 d. None of these

65. Treasury bills are issued by RBI at the behalf of central government. It is a tool of money market. In what denomination they are issued?

a. Rs. 25,000 b. Rs. 50,000 c. Rs. 1,00,000 d. None of these

66. Match the following: I. SIPS Systematically Important Payment System II. AEPS Aadhaar Enabled Payment System III. POS Point of Sale IV. EFT Electronic Fund Transfer

a. All are true b. I and II are true c. II and IV are true d. None of these

67. What is the new interest rate on Sovereign Gold Scheme? a. 2.5% b. 3%

c. 4% d. None of these 68. SIDBI’s India Aspiration fund (IAF) which has been created as a fund of funds to support venture capital

has a corpus of a. 2,000 Crore b. 1,000 Crore c. 5,000 Crore d. None of these

69. Certificate of Deposits (CDs) are issued by banks financial institutions for short term. In what denomination they are issued?

a. Rs. 1,00,000 b. Rs. 5, 00,000 c. Rs. 10,000 d. None of these

70. RBI released its decrease a deposits exceeding Rs. _______ after an avalanche of complaints from customers.

a. 5,000 b. 10,000 c. 1, 00,000 d. None of these

71. Match the following: I. ELSS Equity Linked Saving Scheme II. SIP Systematic Investment Plan III. ESOP Employees Stock option plan IV. NUUP National unified USSD Platform

a. All are true b. I and II are true c. II and IV are true d. None of these

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72. Many times we read in newspaper about iGST. In iGST, ‘I’ stands for __________. a. Integrated b. Internal c. Infrastructure d. None of these

73. As per RBI norms, NEFT transfer of up to Rs. 10000 attract a fee of Rs. 2.50, from Rs. 10000 to one lakh the fee is Rs. 5, from Rs. 1 lakh to 2 lakh it is Rs. 15, and above Rs. 1 lakh it is ________. a. Rs. 30 b. Rs. 50

c. Rs. 25 d. None of these 74. How many voters are required to pass any resolution in GSTC? a. 3/4 of total vote Cast b. 1/2 of total vote cast

c. 1/4 of total vote cast d. None of these 75. Income Tax Department clarified that business and traders receiving cash exceeding Rs. ______ lakh in a

Single transaction for sale of goods and services are required to report it to the authorities. a. 2 b. 5

c. 10 d. None of these 76. Which of the following organizations/ministry rolls out health index?

a. NITI Aayog b. Ministry of Health c. Ministry of Science & Tech d. None

77. Which of the following communities has becomes the first scheduled Tribe of Puducherry? a. Irular b. Kammana c. Munda d. None of these

78. With which of the following, the BLISS scheme is related to________. a. Biotechnology education b. Month & Child Health

c. Sports Education d. None of these 79. India’s foreign exchange reserve declined by $ 2.38 billion to $ 360.6 billion in week to December, 16.

Forex reserve of India is holded by______. a. RBI b. SEBI

c. Ministry of Finance d. None of these 80. Which of the following transactions are eligible through “Digi Dhan Vyapar Yojana” for merchants?

a. USSD b. UPI c. AEPJ d. All of these 81. Maximum shareholder in GSTN is ______ a. LIC housing b. HDFC

c. ICICI d. None of these 82. Match the following: I. MPC (Monetary Policy Committee) Urjit Patel II. GSTC Arun Jaitely III. IBBI M. S. Sahoo IV. Airtel Payment Bank Shashi Arora

a. All are true b. I and II are true c. I and IV are true d. None of these

83. RBI has kept the cash reserve ratio unchanged in its 5th bimonthly monetary policy review. What is the present CRR? a. 5% b. 4%

c. 9% d. None of these 84. What is the maximum term/period of medium term deposit as per the gold Monetization Scheme, 2015? a. 8 years b. 2 years

c. 7 years d. All of these 85. NBFCs (None Banking Finance Companies) are regulated by________.

a. RBI b. SEBI

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c. Ministry of Finance d. None of these 86. Which of the following is not a money market instrument?

a. Commercial Paper b. Certificate of Deposits c. Treasury Bills d. None of these

87. Rupay Card is a _______. a. Debit Card b. Credit Card

c. ATM Card d. None of these

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INTERNATIONAL NEWS 1. Park Geun-hye is in news recently. She is the current President of which of the following country?

a. South Korea b. North Korea c. Japan d. None of these

2. India to train which of the following country’s Sukhoi – 30 fighter pilots, boozing growing defence ties between both countries? a. Vietnam b. S Korea

c. USA d. None of these 3. The World’s first bollywood theme park has opened in which of the following city?

a. Dubai b. Mumbai c. Singapore city d. None of these

4. Which Indian origin personality has been honoured with the Henley & Partners Global Citizen Award for 2016? a. Imtiaz Sooliman b. Leigh Foster c. Garriaud-Maylam d. None of these

5. Who is the newly elected president of the Uzbekistan? a. Shavkat Mirziyoyev b. Islam Karimov

c. Nariman Umarov d. None of these 6. The United Nations International Volunteer Day is observed every year on _______.

a. December, 5 b. December, 6 c. December, 7 d. None of these 7. The centre of Excellence in Information Techno log will be established by the Government of India in

which country? a. Bhutan b. Morocco

c. Egypt d. None of these 8. Match the following: I. UNDP New York II. UNCTAD Geneva III. OPEC Vienna IV. OECD Paris

a. All are true b. I and II are true c. II and IV are true d. None of these 9. Who of the following named as the new prime minister of Italy?

a. Paolo Gentiloni b. Enrico Letta c. Matteo Renzi d. None of these 10. What is the theme of 2016 International Mountain Day (IMD)?

a. Mountain Cultures: Celebrating diversity and Strengthening Identity b. Mountain & Human life c. Mountain & Climate Cham d. None of these

11. Human right day is celebrated on December, 10 every year. The theme of this day this year is _________. a. Stand up for some one’s right today. b. Stand up for Human right

c. Stand up for gender equality d. None of these 12. India becomes observer state of CERN (European Centre for Nuclear Research). CERN head quarter is

situated in _____. a. Geneva (Switzerland) b. Vienna c. New York d. None of these

13. Match the following: I. ICAO Montreal (Canada)

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II. ILO Geneva III. UNCTAD Geneva IV. UNDP New York a. All are true b. I and II are true

c. II and IV are true d. None of these 14. Who of the following is appointed new president of Lebanon?

a. Michel Aoun b. Theresa May c. John Key d. None of these 15. Which of the following country will preside SCO energy club 2017?

a. Turkey b. Indian c. China d. None of these

16. OPEC (Organisation of Petroleum Exporting Countries) will cut crude oil production in near future. Where is OPEC head quarter? a. Vienna b. Geneva

c. New York d. None of these 17. Which of the following country has started demonetization drive after India recently?

a. Venezuela b. Singapore c. China d. None of these

18. Match the following: I. IMF Washington D.C. II. World Bank Washington D.C. III. ADB Manila IV. AIIB Beijing V. NDB Shanghai

a. All are true b. I and II are true c. II and IV are true d. None of these

19. Prime minister Narendra Modi was place at which of the following position among 74 of the world’s most powerful people list release by the forbes Magazine? a. 9th b. 10th

c. 11th d. None of these 20. The Federal Reserve raised interest rates. The Federal Reserve is a central bank of which country?

a. U.S.A. b. Russia c. Japan d. None of these 21. Amina J. Mohammed, who has been named of the UN’s Deputy Secretary – General, is belong to which of

the following country? a. Nigeria b. Israel c. Brazil d. None of these

22. Stephanie Del Valle has been crowned as Miss World 2016. Stephanie Del Valle belongs to which of the following country?

a. Puerto Rico b. U.S.A. c. Russia d. None of these

23. Almazbek Sharshenovich Atambayev is arrived India recently. He is the president of which country? a. Kyrgyzstan b. Russia

c. U.S.A. d. None of these 24. Match the following: I. Federal Reserve Washington D.C. II. IFC Washington D.C. III. AIIB Beijing IV. NDB Shanghai

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a. All are true b. I and II are true c. II and IV are true d. None of these

25. Which of the following country revokes visa for entry to Indians recently? a. Hong Kong b. China

c. Russia d. None of these 26. International Mathematics day is celebrated on _______ every year?

a. December, 22 b. December, 23 c. December, 24 d. None of these

27. Indian Economy had overtaken that the UK in absolute size, an analysis of the GDP data by IMF. Which of the following magazine revealed that? a. Forbes b. Time

c. Fortune d. None of these 28. UN Security has passed a resolution against the settlement Israel in Palestinian territory. Who of the

following is current Prime Minister of Israel? a. Benjamin Netanyahu b. Barak Obama

c. Maduro Ohio d. None of these 29. Which of the following country inaugurated the world’s first road paved with Solar Panels, providing

enough energy to power the street lights of a small town? a. France b. Germany

c. U.S.A. d. None of these 30. Which of the following country drags India to WTO on Steel import uses?

a. Japan b. USA c. China d. None of these

31. “Nock-Ten” typhoon has recently hit which country? a. Malaysia b. Philippines c. Indonesia d. Maldives

32. A Russian military TU-154 plane has crashed in which of the sea? a. Black Sea b. Caspian Sea

c. Red Sea d. None of these 33. The next heart of Asia summit 2017 will be held in which of the following country?

a. Azerbaijan b. Afghanistan c. India d. None of these 34. George Michael, a pop superstar passes away recently. He belongs to which of the following country?

a. Britain b. U.S.A. c. Russia d. None of these 35. Which of the following country tests 5th generation fighter jet FC-31 Gyrfalcon?

a. China b. U.S.A. c. Russia d. None of these

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NATIONAL NEWS 1. The Supreme Court ordered ________ to mandatory play the national anthem.

a. Cinema halls b. Schools c. Universities d. None of these 2. Central government has set up a committee to speed up the process of digital payment in India. The

committee is headed by________. a. Chandra Babu Naidu b. Nitish Kumar c. Manik Sarkar d. None of these

3. The centre approved construction of around 84500 more affordable houses for the urban poor in five states under the PMAY (Urban). What is the per house central assistance provided under “Subsidy for Beneficiary – led Individual House Construction or Enhancement”? a. Rs. 50,000 b. Rs. 75 lakh

c. Rs. 1 lakh d. 1.5 lakh 4. Who of the following is the writer of the book “A 20-Something Cool Dude”?

a. Divyasha Girish b. Meghnad Desai c. Shobhaa De d. None of these 5. Which of the following ministry has launched Vittiya Saksharta Abhiyan (VISAKA) to make people aware

about cashless economic system? a. Ministry of HRD b. Ministry of Finance

c. Ministry of Rural development d. None of these 6. Which of the following company becomes first private company to launch moon mission in 2017?

a. Team Indus b. Paytm c. Alibaba d. None of these 7. Who of the following appointed as the new chief of CBI?

a. Rakesh Asthana b. Manoj Sinha c. Omveer Singh d. None of these

8. India Navy has not included Tejas in its fleet. Tejas is a ________. a. Light Combat Aircraft b. Air craft Carriers

c. War Craft d. None of these 9. Chitra Ramakrishna resigns from which organization?

a. NSE b. BSE c. NITI Aayog d. None of these 10. Central government has introduced a new scheme called as PM Garib Kalyan Yojana. How many percent

of Black money should be invested in PM Garib Kalyan kosh by declarant? a. 25% b. 30%

c. 50% d. None of these 11. Who of the following appointed as a chief of NSE (National Stock Exchange)?

a. J. Ravichandran b. Usha Thorat c. Anand Mahindra d. None of these 12. Who of the following becomes 44th chief justice of India (CJI) after retirement of T S Thakur?

a. J. S. Khehar b. Mridula Sinha c. J. Chandrachood d. None of these 13. Joint maritime exercise “Konkan16” between India and which of the following country begins in Mumbai

(Maharashtra)? a. Russia b. U.K. c. U.S.A. d. None of these

14. Which of the following bank has launched home loan overdraft facility for salaried customer? a. ICICI b. Axis Banks c. SBI d. None of these

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15. Airtel payment bank customers will get a personal accidental insurance of ________ with every saving account. a. Rs. 1 lakh b. Rs. 10 lakh c. Rs. 15 lakh d. None of these

16. Match the following: I. Syndicate Bank Manipur (Karnataka) II. Allahabad Bank Kolkata III. UCO Bank Kolkata IV. Indian Overseas Bank Chennai a. All are true b. I and II are true

c. II and III are true d. None of these 17. The Prime Minister flagged off a weekly “Shabd Bhedi Superfast train” between Ghazipur and ________.

a. Kolkata b. Guwahati c. Dispur d. None of these

18. Who of the following will be the chief guest at the 14th Pravasi Bhartiya Divas? a. Antonio Costa b. Theresa May

c. Toni Blair d. None of these 19. The book “Midnight’s furies: The Deadly of India’s Partition” has been authored by whom?

a. Nisid Hajari b. Kisan Jha c. Chetan Bhagat d. None of these 20. Which of the following has announced its partnership with Flipkart to launch “Buzz Credit Card”? a. Axis Bank b. ICICI

c. SBI d. None of these 21. Who has been named as the “Asian of the year 2016”?

a. Sachin Bansal b. Ratan Tata c. Sunil Mittal d. None of these

22. The Winter Fog Experiment (WIFEX) 2016-17 campaign has been launched by which union ministry? a. Ministry of Earth Sciences b. Ministry of Finance c. Ministry of Rural Development d. None of these

23. “2016 Indra Navy” naval exercise will be held between India and which country? a. Russia b. USA

c. China d. None of these 24. Match the following: I. MUDRA Bank New Delhi II. SIDBI Lucknow III. IDBI Mumbai IV. BMBL New Delhi

a. All are true b. I and II are true c. II and IV are true d. None of these

25. Srinivasa Iyer Ramaswamy, who recently passed away, was related to which field? a. Journalism b. Sports c. Film d. None of these

26. “100 Million for 100 Million” campaign started by Pranab Mukherjee and organised by Kailash Satyarthi. The campaign is exclusively for _______. a. Children b. Youth

c. Both d. None of these 27. Central government has decided to distribute Rupay debit card for every KCC (Kisan Credit Card). How

many farmers hold KCC at present? a. 4.32 Crore b. 5 Crore

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c. 6 Crore d. None of these 28. Central government has launched a new helpline called as “14444” to promote _______.

a. Digital Payment b. Agriculture c. Start ups d. None of these 29. Parliament has constituted a committee under the chairmanship of Anand Sharma for the transparency in

the appointment of judges in supreme courts. Anand Sharma related to which political party? a. Congress b. Bharatiya Janata Party c. Samajwadi Party d. None of these

30. Who can open BSBDA (Bank Saving Bank Deposit Account)? a. Only BPL families b. Only APL families

c. Any individual d. None of these 31. Who of the following Indian actor won Asia pacific screen award?

a. Manoj Bajpayee b. Salman Khan c. Sunny Deol d. None of these 32. Who of the following becomes new president of FICCI?

a. Pankaj R. Patel b. Nitin Ghate c. Pammi Dua d. None of these 33. Which of the following is/are true about ‘Housing for All’ scheme?

I. The scheme is initiated from Agra. II. The scheme will end on the year 2022. III. One Crore houses will be constructed till year 2019.

a. All are true b. I and II are true c. II and III are true d. None of these

34. Government Provides financial assistance under housing for all scheme every beneficiary from Rs. 1.5 lakh to Rs. _______. a. 1.6 lakh b. 2 lakh

c. 5 lakh d. None of these 35. Digitization campaign started by Ravi Shankar Prasad (Union Minister) to promote_______.

a. digital payment b. digital companies c. digital startups d. None of these 36. The union ministry of tribal affairs is going to launch “Vanjeevan” The national Resource Centre (NRC)

for Tribal livelihood issues in Bhubaneswar, Odisha. Who of the following is union tribal affairs minister? a. Jual Oram b. Ravi Shankar Prasad

c. Nabam Tuki d. None of these 37. Match the following: Organisation Head I. MPC RBI Governor II. GST Council Finance Minister III. FSDC Finance Minister IV. NITI Aayog Prime Minister

a. All are true b. I and II are true c. II and IV are true d. None of these

38. Who of the following is the chief of Airtel Payment Banks? a. Shashi Arora b. Cyrus Mistry

c. Nima Arora d. None of these 39. Which bollywood personality has been appointed as the UNICEF’s newest Global Goodwill Ambassador?

a. Priyanka Chopra b. Deepika Padukone c. Ranveer Singh d. None of these

40. IBBI (Insolvency and Bankruptcy Board of India) is a _______ member body.

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a. 4 b. 5 c. 9 d. 10

41. Who of the following is appointed as new chairman of LIC? a. V. K. Sharma b. Sashikant Sharma c. Shashi Verma d. None of these

42. The book “Many Everest: An inspiring Journey of transforming Dream in to Reality” has been authored by whom? a. Ravindra Kumar b. Naman Verma

c. Akash Verma d. None of these 43. India and which of the following country conduct a joint military exercise called as EKUVERIN?

a. Maldev b. Nepal c. Bhutan d. None of these

44. India signed a pact with which of the following country for the cooperation in Agriculture sector recently? a. Kyrgyzstan b. Nepal

c. Israel d. None of these 45. Match the following: I. UDAN Civil Aviation II. UJALA LED’s III. UJJWALA LPG Cylinder IV. USTTAD Local Waivers/artisans

a. All are true b. I and II are true c. II and IV are true d. None of these

46. NITI Aayog unveils Lucky Grahak Yojana and Digi-Dhan Yojana scheme to be launched on December, 25 and will run for 100 days. A digital transaction from Rs.50 to _________ is eligible for award. a. Rs. 3000 b. Rs. 5000 c. Rs. 15000 d. None of these

47. Who of the following is the current chief of SEBI (Securities Exchange Board of India)? a. Upendra Kumar Sinha b. Naveen Verma c. Amit Sharma d. None of these

48. PMGKY (Pradhan Mantri Garib Kalyan Yojana) will be end on_______. a. December 31, 2016 b. March 31, 2017 c. January 31 d. None of these

49. India revised DTAA (Double Taxation Avoidance Agreement) with which of the following country? a. Cyprus b. U.S.A.

c. Nepal d. None of these 50. The newly launched PMKSY scheme with an allocation of Rs. 50000 crore spread over a period of 5 years

aims o achieve a holistic development of ________. a. Rural housing b. Village Infrastructure

c. Irrigation d. None of these 51. “State Bank MobiCash” digital wallet has been launched by SBI in partnership with which telecom

company? a. BSNL b. Bharti Airtel c. Idea d. None of these

52. Who has been confirmed with the ICFA’s 2016 Global Agriculture Leadership award? a. Ratan Tata b. Narendra Modi

c. Mukesh Ambani d. None of these 53. The RBI has announced that deposits of more than Rs. ________ in old notes can be made only once per

account until December30. a. Rs. 10,000 b. Rs. 5,000

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c. Rs. 1,000 d. None of these 54. EPFO (Employees Provident Fund Organisation) reduced the interest rate payable on their provident fund

saving for this financial year to 8.65%, against ________% in 2015-16. a. 8.8 b. 8.9

c. 9 d. None of these 55. The committee that conceived and recommended the setting up of NABARD was headed by______.

a. B. Sivaraman b. M. Narasimham c. Urjit Patel d. None of these

56. The 2016 world confluence of Humanity, power and spirituality has started in which country? a. India b. Nigeria

c. Egypt d. None of these 57. “Swasthya Rakshak Programme” has been launched by which union ministry?

a. Ministry of AYUSH b. Ministry of Health c. Ministry of Rural development d. None of these 58. Which union ministry has launched ‘GARV – II’ mobile app to monitor rural electrification data?

a. Ministry of Power b. Ministry of Rural Development c. Ministry of tribal affairs d. None of these

59. SAMVAD is a citizen engagement window to enhance participation. SAMVAD is launched by which ministry? a. Ministry of Power b. Ministry of Finance

c. Ministry Rural Development d. None of these 60. Match the following:

I. UDAY Ministry of Power II. E Trans Deep Ministry of Power III. Tarang Mobile App Ministry of Power IV. UJALA Ministry of Power a. All are true b. I and II are true c. II and IV are true d. None of these

61. Central Government has extended the date of repayment of crop loan under Interest Subvention Scheme (ISS) by ______ days. a. 60 b. 70

c. 90 d. None of these 62. Nirbhaya was test fired from the launch complex 3 of the Integrated Missile Test Range in Balasore,

Odisha. Nirbhaya is a ______________. a. Tank b. Worship c. Nuclear Capass Missile d. None of these

63. Which of the following Security Personnel to participate in Republic Day Celebration for first time? a. National Security Guards (NSG) b. ITBP c. BSF d. None of these

64. Which union ministry has won gold medal in the web Ratan category of 2016 Digital India Awards? a. Ministry of Health b. Ministry of Finance

c. Ministry of Sports d. None of these 65. Nasira Sharma wins Sahitya Academy Award 2016. She is awarded for her book _______.

a. Parijat b. Nirbasan c. The Suitable Boy d. None of these 66. The union water Resources Ministry has reconstituted a committee that was tasked with assisting the

Krishna River Management Board. The committee is headed by _________. a. A. K. Bajaj b. R. P. Pandey

c. N. N. Rai d. None of these

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67. Shankar Ghosh chosen for Jnanpith award 2016. He writes in which of the following language? a. Bengali b. Odia c. Hindi d. None of these

68. Who of the following is the secretary of GSTC (Goods & Service Tax Council)? a. Revenue Secretary b. NITI Aayog CEO

c. NITI Aayog Vice President d. None of these 69. Which of the following has started a new scheme called as “Cash at home” to provide deliver cash at home

upto Rs. 2,000? a. Snapdeal b. Flipkart

c. Amazon d. None of these 70. National Farmers Day is celebrated on _____ every year.

a. December, 23 b. December, 24 c. December, 29 d. None of these

71. Which famous personality has topped the 2016 Forbes India celebrity 100 list? a. Salman Khan b. Virat Kohli c. Priyanka Chopra d. None of these

72. What is the name of 2016 National Consumer Day?

a. Alternate Consumer Disputes redressal b. Safe & Healthy Food c. Combat food adulteration d. None of these

73. National Consumers day celebrated every year on ______. a. December, 24 b. December, 25

c. December, 26 d. None of these 74. Nomura, a Japanese brokerage firm proposed India’s growth rate in 2017 _______% and 7.7% in 2018.

a. 7.1% b. 7.8% c. 7.2% d. None of these 75. Match the following: Organisation India’s GDP (2019)

I. NOMURA 7.1% II. RBI 7.1% III. ADB 7% IV. World Bank 7.6% a. All are true b. I and II are true c. II and IV are true d. None of these

76. Google India has partnered with which of the following Ministry rolling out a nationwide “Digitally Safe Consumer Campaign”? a. Ministry of Consumer Affairs b. Ministry of Finance

c. Ministry of Informal Technology d. None of these 77. The Union Ministry of Consumer’s affairs has recently launched “OCMC” to provide speedy redressal of

consumer grievances. What does “OCMC” stands for? a. Online Consumer Media Centre (OCMC) b. Online Consumer Mediator Centre (OCMC)

c. Online consumers Mediation Centre (OCMC) d. None of these 78. “Easy Pay” a mobile based application for Merchants has been launched by which of the following banks?

a. ICICI Bank b. SBI c. Axis Bank d. None

79. Good Governance day is observed on which day in India? a. December, 25 b. December, 26

c. December, 27 d. None of these 80. “Aadhaar Pay” an Aadhaar linked cashless merchant solution has been launched by which bank?

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a. SBI b. IDFC c. ICICI d. HDFC 81. Which of the following will launched “Digitally Safe Consumer” campaign in India?

a. Facebook b. Google c. Microsoft d. None of these 82. According to “The rights of Persons with Disabilities Bill - 2016”, the types of disabilities have been

increased from existing 7 to __________ and the central government will have the power to add more type of disabilities. a. 21 b. 22

c. 29 d. None of these 83. According to “The right of persons with Disabilities bill 2016”, reservation in vacancies in government

establishments has been increased from 3% to _______ for certain person or lass of persons with benchmark disability. a. 4% b. 9% c. 5% d. None of these

84. Match the following: I. Digi Dhan Vyapari Yojna NITI Aayog II. DigiShala Channel Ministry of IT III. Digital Safe Consumer Campaign Google IV. Easy Pay ICICI

a. All are true b. I and II are true c. II and IV are true d. None of these

85. Under PMAY (Grameen) how many houses will be developed by Central Government by 2019? a. 1 Crore b. 5 Crore

c. 3 Crore d. None of these 86. The union home ministry has cancelled licenses of 20 Thousand NGOs for violating various provision of

foreign _______ Regulation Act (FCRA). a. Currency b. Contribution

c. Convertible d. None of these 87. Which of the following high court has declared Talaq as unconstitutional?

a. Allahabad high court b. Kolkata high court c. Mumbai high court d. None of these

88. Which of the following products are/is not included in GST? a. Crude oil b. Alcohol

c. Air Turbine Fuel (ATF) d. All of these 89. The centre government decided to invest Rs. 5 lakh crore in Sagarmala Project till 2019. It is a Programme

related to _______. a. Port Development b. Port Leeds economic development

c. Road Projects d. None of these 90. Who of the following Indian origin personality is included in Donald trump economic Advisory Council?

a. Indira Nooyi b. Shikha Sharma c. Chanda Kochhar d. None of these

91. Actor Shahrukh Khan was conferred with an honorary doctorate at the sixth convocation ceremony of________. a. Maulana Azad National Urdu University b. JNU c. DU d. None of these

92. Match the following: I. VISAKA Ministry of HRD II. GARV – II Minister of Power

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III. Lucky Grahak Yojna NITI Aayog IV. USTTAD Ministry of Minority affairs

a. All are true b. I and II are true c. II and IV are true d. None of these

93. India successfully tests fires nuclear capable ballistic missile Agni-5. The range of this missile is______. a. 5000 kms b. 4000 kms c. 1000 kms d. None of these

94. Who of the following appointed as the new lieutenant Governor of Delhi? a. Anil Baijal b. Shashikant Das

c. Urjit Patel d. None of these 95. Who of the following appointed as new Deputy Governor of RBI for three years?

a. Viral Acharya b. Amitabh Kant c. Sarman Verma d. None of these 96. Which of the following bank has been launched “Bank Sakhi” Scheme for employing women in villages to

promote and improve cashless transactions in rural areas? a. Karnataka Vikas Grameen Bank b. Baroda Gramin Bank c. Prathama Bank d. None of these

97. The registration fees for Indian citizenship of which neighboring countries Hindus have been reduced to Rs. 100? a. Pakistan, Afghanistan, Bangladesh b. Pakistan, Nepal, Bhutan c. Bangladesh, Nepal, Bhutan d. None of these

98. Match the following: I. Aadhaar Pay IDFC Bank II. Digitally Safe Consumer Google III. Easy Pay IC.I.C.I. IV. Bank Sakshi KVGB

a. All are true b. I and II are true c. II and IV are true d. None of these

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SPORTS NEWS 1. Nico Roseberg retired from Formula One car racing. He belongs to which of the following country?

a. Germany b. U.S.A c. France d. None of these

2. Magnus Carlson becomes world champion after defeating Sergey Karjakin from Russia. Magnus Carlson belongs to which of the following country? a. Norway b. Russia

c. USA d. None of these 3. Which of the following country wins Womens Junior hockey world cup after defeating Nederland, held in

Santiago (Chile)? a. Argentina b. U.S.A

c. India d. None of these 4. Match the following: I. Gaganjeet Bhullar Golf II. Jeev Milkha Singh Golf III. S.S.P. Chawrasia Golf IV. Aditi Ashok Golf

a. All are true b. I and II are true c. II and IV are true d. None of these

5. Pankaj Advani wins 11th World Billiards title defeating Peter Gilchrist. Peter Gilchrist belongs to which of the following country? a. Singapore b. Spain

c. U.K. d. None of these 6. Who of the following player has won the 2016 “Most Improved Player” award by the Badminton world

federation? a. P V Sindhu b. Saina Nehwal c. Carolina Marin d. None of these

7. P V Sindhu defeated Carolina Marin ‘World no 1 player’ in BWF world super series. Carolina Marin belongs to which country? a. Spain b. USA c. China d. None of these

8. Who of the following player becomes first Indian batsman to have converted their maiden test country in to triple century? a. Karun Nair b. Virat Kohli c. Virendra Sehwag d. None of these

9. Blind World Cup T 20 is going to be held in which of the following country?

a. India b. USA c. Russia d. None of these 10. Who of the following players have been awarded by AIBA?

a. Mary Kom & Vikas Krishnan b. Mary Kom & Sarita Devi c. Babita Kumari & Vikas Krishnan d. None of these

11. Match the following: I. Vikas Krishnan Boxing II. K Srikanth Badminton III. Rohan Bopanna Tennis IV. Shiva Keshavan Luge

a. II and IV are true b. None of these c. All are true d. II and III are true

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12. Who of the following Indian cricket player has been awarded ‘Sir Garfield Sobers Trophy’ for cricketer of the year? a. R. Ashwin b. Virat Kohli

c. Ravindra Jadeja d. None of these 13. Who of the following player to be Indian’s next non playing Davis cup Captain?

a. Mahesh Bhupathi b. Rohan Bopanna c. K Srikanth d. None of these 14. Shiva Keshavan grabs gold at Asian Luge champion held in _______.

a. Japan b. U.S.A. c. China d. None of these 15. The 2016 ACC under – 19 Asia cup cricket tournament has been won by which country?

a. India b. England c. Australia d. None of these

16. Match the following- I. HDFC Bank Mumbai II. IDFC Bank Mumbai III. Bandhan Bank Kolkata IV. Axis Bank Mumbai

a. All are true b. I and II are true c. II and IV are true d. None of these

17. Yuki Bhambri wins 2016 ITF Hong Kong F4 futures title after defeating Shintaro Imai from Japan. Yuki Bhambri belongs to which of the following game? a. Tennis b. Cricket c. Football d. None of these

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STATE NEWS 1. Who will be conferred with the Rashtriya Kalidas Samman for year 2016-17 given by M P Government?

a. Banshi Kaul b. N Ranjan c. Raj Bisaria d. None of these 2. Who of the following becomes new chief minister of Tamil Nadu after death of Jayalalithaa?

a. O Panneerselvam b. Sasikala Natarajan c. Sasikala Pushpa d. None of these 3. 14th Pravasi Bhartiya Divas (PBD) Convention will be held in which of the following Indian city from

January 7 to 9, 2017? a. Bengaluru b. Delhi

c. Mumbai d. None of these 4. The 2016 India International Science Festival has started in which of the following city?

a. New Delhi b. Kolkata c. Bengaluru d. None of these 5. Which of the following has become the India’s first Parliamentary constituency to have health insurance for all? a. Vijayawada b. Warangal

c. Ratlam d. None of these 6. The National Seva Yatra has been launched by which of the following states?

a. Madhya Pradesh b. Gujarat c. Uttar Pradesh d. None of these 7. Which state has become the first Indian state to launch crop insurance claim distribution programme?

a. Madhya Pradesh b. Uttar Pradesh c. Maharashtra d. None of these 8. Which of the following state is most affected from the cyclone “Vardha”?

a. Tamil Nadu b. Uttar Pradesh c. Odisha d. None of these

9. Which of the following state government has launched country’s first amphibious bus project at the Harike wetland? a. Punjab b. Haryana

c. Uttar Pradesh d. None of these 10. India’s largest indoor arena will come up in which of the following state?

a. West Bengal b. Uttar Pradesh c. Madhya Pradesh d. None of these

11. The Asia Pacific Ministerial conference on Housing and urban Development has started in which city? a. New Delhi b. Lucknow

c. Pune d. None of these 12. India’s first cashless state is_________.

a. Goa b. Uttar Pradesh c. Madhya Pradesh d. None of these

13. Chepauk Stadium is in news recently. Chepauk stadium is situated in which of the following state? a. Tamil Nadu b. Uttar Pradesh

c. Madhya Pradesh d. None of these 14. Which of the following states has attained 100% Aadhaar saturation in India?

a. Himachal Pradesh b. Uttar Pradesh c. Madhya Pradesh d. None of these 15. Match the following: I. United Bank of India Kolkata II. Andhra Bank Hyderabad

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III. Syndicate Bank Manipur (Karnataka) IV. Corporation Bank Mangalore (Karnataka)

a. All are true b. I and II are true c. II and IV are true d. None of these

17. Central Government has announced to set up an Indian Institute of Skill in which of the following city? a. Kanpur b. Pune

c. Lucknow d. None of these 18. Saat Nischay, an initiative started in which of the following state?

a. Bihar b. Uttar Pradesh c. Madhya Pradesh d. None of these 19. Asia’s first cycle highway inaugurated in Uttar Pradesh from Etawah to______.

a. Agra b. Lucknow c. Kanpur d. None of these

20. “Immunization Incentives and information Programme” has been launched by which state government of India? a. Haryana b. Uttar Pradesh

c. Madhya Pradesh d. None of these 21. Which of the following districts will become the India’s first carbon neutral district?

a. Majuli b. Shimla c. Mysore d. None of these 22. The 6th BRICS Health Ministers meet has been held in which of the following cities?

a. New Delhi b. Beijing c. Pretoria d. None of these

23. India’s first cashless bazaar has come up in which of the following states? a. Chhattisgarh b. UP

c. MP d. None of these 24. Najeeb Jung resigned from the post of Lieutenant – Governor of which of the following Union Territory?

a. Delhi b. Puducherry c. Daman & Diu d. None of these 25. Chhatrapati Shivaji Maharaj Memorial is inaugurated by Prime Minister Narendra Modi in which of the

following city? a. Mumbai b. Kolkata

c. Pune d. None of these 26. “Nagar Uday Abhiyan” has been launched by which state government of India?

a. Madhya Pradesh b. Uttar Pradesh c. Assam d. None of these 27. Which of the following state government rolled out an ambitious health insurance scheme “Atal Amrit

Abhiyan” enabling poor people to receive a cover of Rs. 2 lakh annually? a. Assam b. Gujarat c. Madhya Pradesh d. None of these

28. Gujarat Government will be holding Vibrant Gujarat Global Investment Summit in which of the following city? a. Surat b. Ahmedabad c. Gandhinagar d. None of these

29. Which of the following state government has decided to create a new ministry for welfare of Vimukta Jati and Nomadic tribes, OBCs and special Backward Classes? a. Maharashtra b. Punjab

c. Madhya Pradesh d. None of these

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30. Which of the following state government has recently launched “Nagar Uday Abhiyan” in all 378 urban bodies in the state? a. Madhya Pradesh b. Uttar Pradesh c. Bihar d. None of these

31. Which of the following city may become first in the country to get caterpillar train? a. Gurugram b. Delhi c. Pune d. None of these

32. The Central Government has decided to invest Rs. 1981.54 crore in Polavaram Project through NABARD. Polavaram project is initiated in which of the following state? a. Andhra Pradesh b. Madhya Pradesh

c. Uttar Pradesh d. None of these 33. The Chardham highway project will come up in which state of India?

a. Uttarakhand b. Uttar Pradesh c. Madhya Pradesh d. None of these 34. Match the following: I. Atal Amrit Abhiyan Assam II. Narmada Yatra Madhya Pradesh III. Polavaram Project Andhra Pradesh IV. DAMAN Odisha

a. All are true b. I and II are true c. II and IV are true d. None of these