GK Quiz

Ques. : 1   Name the Bollywood actor who has started an online signature campaign to hand over to the Pakistan government to free allegedly falsely accused Indian Sarabjit Singh?
1) Shatrughan Sinha 2) Salman Khan 3) Aamir Khan 4) Amitabh Bachchan 5) Anil Kapoor
Ques. : 2   Which of the following banks has nationally launched its exclusive range of credit cards – named Superia and Platinum – to cater to the lifestyle, travel and other needs of doctors?
1) ICICI Bank 2) State Bank of India 3) HSBC Bank 4) HDFC Bank 5) Allahabad Bank

Ques. : 3   India’s Western Ghats has recently been included in the coveted list of the World Heritage Sites, in the meeting of the World Heritage Committee at which of the following places?
1) Paris 2) St Petersburg 3) New York 4) New Delhi 5) Tokyo

Ques. : 4   Ratings agency Fitch on 20 June 2012 revised the outlook on India's financial institutions to negative from stable. Which of the following facts related to the statement are not true?
1) The outlook of six government banks, two private banks, two wholly owned government institutions and one infrastructure finance company was lowered by the rating agency 2) Major public sector lender, Reserve Bank of India which recently announced its plans to raise $2 billion from overseas markets will be hit the most by the revision
3) The rating agency listed high customer deposit base, established domestic franchises and adequate capitalisation as the strengths of banks. On the other hand it also mentioned that non-banking institutions are at greater risk because they lack the funding advantage 4) Fitch mentioned that in case sovereign long-term IDR is downgraded, banks with viability rating (VR) of BBB- would also be affected because of these linkages.
5) All the above are true

Ques. : 5   Capital market regulator Securities and Exchange Board of India (SEBI) has recently notified new rules for ownership and governance of stock exchanges. Which of the following statements given below are not true in this respect?
1) The amendments were announced following the legal tussle between the regulator and MCX Stock Exchange, which had earlier sought approval to start an equity platform. 2) The new norms require the recognised stock exchange to have a minimum net worth of Rs 100 crore at all times and at least 51 per cent of stake has to be held by public
3) The ownership of a single investor was capped at 10% with an exemption for stock exchanges, depositories, insurance and banking companies and public financial institutions, which has been permitted to hold up to 5 per cent 4) SEBI also specified that direct and indirect exposure to any stock exchange will be considered while calculating the prescribed shareholding limit.
5) All the above are true

Ques. : 6   In a move aimed at arresting the unrelenting fall of Indian rupee, India’s central bank the Reserve Bank of India has recently hiked the limit of foreign investment in government bonds by 5 billion dollar to what amount?
1) 10 billion dolar 2) 15 billion dollar 3) 20 billion dollar 4) 30 billion dollar 5) 40 billion dollar

Ques. : 7   Nomura, the global financial services firm, has slashed India's growth forecast for the fiscal year 2012-13 to what per cent?
1) 5.8% 2) 5% 3) 4.6% 4) 3% 5) 3.5%

Ques. : 8   Which of the following regulators has recently made it mandatory for top 500 listed companies to hold e-voting with an objective to widen shareholder participation in key decisions?
1) Insurance Regulatory & Development Authority (IRDA) 2) Securities and Exchange Board of India (SEBI)
3) Competition Commission of India 4) Telecom Regulatory Authority of India (TRAI)
5) None of these

Ques. : 9   Reserve Bank of India in its mid-quarterly monetary policy review on 18 June 2012, decided to keep the cash reserve ratio and the policy repo rate unchanged. Which of the following facts with respect to RBI’s mid-quarterly monetary policy are not true?
1) The cash reserve ratio and the policy repo rate unchanged at 4.75 per cent and 8.0 per cent respectively 2) The reverse repo rate remains unchanged at 8.0 per cent
3) The marginal standing facility rate and the Bank Rate is to stand at 9.0 per cent 4) The slowing pace of the economy (India's March quarter economic growth stood at 5.3 per cent, lowest in past 9 years) and weakening investment sentiments had prompted industry leaders to urge RBI to take a call on policy rate cuts
5) All the above are true

Ques. : 10   Who has been appointed as the chairman of the Group of Ministers GoM) on Telecommunications, which was constituted after the Supreme Court cancelled 2G spectrum licences to auction spectrum afresh?
1) Pranab Mukherjee 2) Mauntek Singh Ahluwalia 3) Sharad Pawar 4) Sharad Yadav 5) Gulam Nabi Azad

Answer

Q	A	Q	A
1	2	6	3
2	4	7	1
3	2	8	2
4	2	9	2
5	3	10	3

3