Thursday, August 21, 2014

SBI PO: Current Affairs Quiz




Ques. : 1 The expert committee headed by former Axis Bank Chairman, PJ Nayak, constituted to review the governance of Boards of Banks in India, submitted its report recently. Which of the following is NOT recommended by the Committee?
1) Banks should not be incorporated under the Companies Act.
2) A Bank Investment Company should be constituted where the govt holding in all the banks should be transferred.

3) If a bank is identified as ‘distressed’, private equity and sovereign wealth funds should be permitted to take a controlling stake of up to 40 per cent.
4) There should be a minimum five-year tenure for bank chairmen and minimum three year tenure for executive directors.
5) Constraints like applicability of the Right to Information Act should be rapidly eliminated or significantly reduced in order to avoid erosion of competitiveness.

Ques. : 2 The BJP became the first political party in India to get a majority in the General Election on its own since _______when the Indian National Congress had done so.
1) 1952
2) 1962
3) 1971
4) 1984
5) 1989

Ques. : 3 Name the footballer who agreed to sign a new contract with Barcelona making him the best paid player in the world recently?
1) Lionel Messi
2) Cristiano Ronaldo
3) Neymar
4) Gareth Bale
5) None of these

Ques. : 4 Who among the following topped the list of UK billionaires made public in London recently?
1) Lord Swraj Paul
2) Lakshmi N Mittal
3) Prakash Lohia
4) Srichand and Gopichand Hinduja
5) Anil Agarwal

Ques. : 5 The sixteenth Lok Sabha election has created a situation when no single party qualify for a Leader of the Opposition post as the rules mandated that the LoP should be from a party whose members constitute at least ________of the total strength of the House.
1) 5 per cent
2) 7 per cent
3) 10 per cent
4) 12 per cent
5) 15 per cent

Ques. : 6 Russi Mody, who passed away, recently, was former chief of which of the following companies?
1) Tisco (now Tata Steel)
2) Telco (now Tata Motors)
3) Balco
4) Nalco
5) None of these

Ques. : 7 Citizens of which of the following counties rejected adopting world’s highest minimum wage (25 dollars an hour) in a referendum held there recently?
1) Switzerland
2) Norway
3) South Korea
4) US
5) France

Ques. : 8 India suffered loss to Malaysia in Thomas Cup held in New Delhi recently. Thomas Cup is associated with which of the following games?
1) Women’s tennis
2) Men’s tennis
3) Men’s badminton
4) Women’s badminton
5) None of these

Ques. : 9 Nabam Tuki was sworn in as the new Chief Minister of which of the following states after the assembly poll held there recently?
1) Mizoram
2) Manipur
3) Tripura
4) Arunachal Pradesh
5) None of these

Ques. : 10 The RBI is all set to launch one billion plastic notes of Rs 10 denomination in a field trial in five cities selected for their geographical and climatic diversity. Which of the following cities is NOT among them?
1) Bhubaneswar
2) Jaipur
3) Mysore
4) Kochi
5) Chennai



ANSWERS
1. 1) Banks should not be incorporated under the Companies Act.
2. 4) 1984
3. 1) Lionel Messi
4. 4) Srichand and Gopichand Hinduja
5. 3) 10 per cent
6. 1) Tisco (now Tata Steel)
7. 1) Switzerland
8. 3) Men’s badminton
9. 4) Arunachal Pradesh
10.5) Chennai

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