1. On 15 January 2015, RBI permitted banks...
1) to set up insurance joint ventures on risk participation basis.
2) to set up insurance joint ventures on partial- risk participation basis.
3) to set up insurance joint ventures on 60% risk participation basis.
4) to set up insurance joint ventures on 50 : 50 risk participation basis.
5) None of above
2. RBI allowed banks to undertake insurance business as agents of insurance companies...
1) on fee basis with any risk participation by banks and their subsidiaries.
2) on no fee basis without any risk participation by banks and their subsidiaries.
3) on fee basis without any risk participation by banks and their subsidiaries.
4) on free basis services without any risk participation by banks and their subsidiaries.
5) None of above
3. As per government of India order, Insurance is a permissible business under Section 6(1)(o) of .....
1) Banking Regulation Act 1949
2) RBI Act 1934
3) Banking Regulation Act 1959
4) FEMA 1999
5) None of above
4. If the Banks want to set up a subsidiary/ JV for undertaking insurance business with risk participation, net worth of the bank should not be less than ..........
1) Rs.100 crores
2) Rs.500 crores
3) Rs.10 crores
4) Rs.1000 crores
5) None
5. Level of net non-performing assets should be not more than ..... if the Banks want to set up a subsidiary/ JV for undertaking insurance business with risk participation as per RBI.
1) 10%
2) 3 %
3) 4%
4) 5%
5) 1%
6. Banks undertaking insurance broking/ corporate agency through a subsidiary/ JV need RBI approval. Then those banks CRAR must not be less than .......
1) 9%
2) 10%
3) 11.5%
4) 8%
5) None
7. CRAR stands for .....
1) Capital to Risk (Weighted) Average Ratio
2) Core to Risk (Weighted) Assets Ratio
3) Capital to Risk (Weighted) Assets Ratio
4) Capital to Roll (Weighted) Assets Ratio
5) None
8. Who is the regulator of insurance business in India?
1) SEBI
2) CCI
3) IRDAI
4) PFRDA
5) All of above
9. Insurance Regulatory and Development Authority (IRDA) has been renamed as...
1) BRDA
2) IRRDA
3) IDA
4) IRDAI
5) None
10. IRDAI stands for ......
1) Insurance Rules Development Authority of India
2) Insurance Regulatory Donor Authority of India
3) Insurance Register Development Authority of India
4) Insurance Regulatory and Development Authority of India
5) None
11. IRDAI (Insurance Regulatory and Development Authority of India) earmarked .... as Insurance day , on which day it came into existence in the year 2000.
1) 8 Jan
2) 15 Apr
3) 20 May
4) 19 Apr
5) None
12. IRDAI headed by ......
1) Hemant Contractor
2) U.K.Sinha
3) Rahul Khullar
4) T.S.Vijayan
5) Ashok Chawla
13. Aam Aadmi Bima Yojana (AABY) covering death and disability insurance for the benefit of rural landless households in the country. The scheme implemented through ......
1) LIC
2) SBI Life
3) Edelweiss Tokio Life
4) Exide Life
5) Future Generali
14. On 13 January 2015, which bank declared to set up another 50 econnect outlets by 31 March 2015?
1) SBI
2) Corporation bank
3) SBM
4) SBT
5) SBH
15. Jifi Saver, a savings account managed via Twitter and Facebook launched on 13 Jan 2015 by....
1) ICICI
2) HDFC
3) Yes Bank
4) TMB
5) Kotak Mahindra bank
16. For optimum utilization of Sports Authority of India's sports facilities in Delhi and across the country, which scheme was introduced?
1) come and play
2) go and play
3) try and win
4) see and goal
5) ball and bat
17. Gram Santhosh Rural Postal Life Insurance Scheme introduced by .....
1) LIC
2) India Post
3) Bajaj Allianz
4) Reliance Insurance
5) None
18. To provide separate, specialized and comprehensive health care to the senior citizens, NPHCE was introduced. NPHCE means.....
1) National Promotion for Health Care of the Elderly
2) National Programme for Health Code of the Elderly
3) Nodal Programme for Health Care of the Elderly
4) National Programme for Hospital Care of the Elderly
5) National Programme for Health Care of the Elderly
19. Kishori Shakti Yojana (KSY) introduced to empower .......... so as to enable them to take charge of their lives.
1) adolescent girls
2) women
3) widows
4) employee women
5) aged women
20. PFDF scheme introduced by central government to provide credit enhancement to Urban Local Bodies (ULBs) to access market borrowings based on their credit worthiness. PFDF stands for ........
1) Pooled Finance Development Fund
2) Power Finance Development Fund
3) Pooled Fund Development Fund
4) Pooled Finance Dearness Fund
5) None
21. 19th Chief Election Commissioner (CEC) of India is ......
1) H.S.Brahma
2) Syed Nasim Ahmad Zaidi
3) V.S. Sampath
4) J.M. Lyngdoh
5) None of above
22. EVM stands for ........
1) Electric Voting Machine
2) Electronic Voting Module
3) Electronic Voting Memory
4) Election Voting Machine
5) Electronic Voting Machine
23. NOTA button in EVM stands for ........
1) Notice Of The Above
2) None Of The Area
3) Nine Of The Above
4) None Of The Above
5) Nice Of The Above
24. Maithripala Sirisena became the president of .....
1) Bhutan
2) Afghanistan
3) Sri Lanka
4) Myanmar
5) Bangladesh
25. Which of the following nation has Rupee as currency?
1) Bhutan
2) Afghanistan
3) Sri Lanka
4) Myanmar
5) Bangladesh
26. The new Chairman of ISRO (Indian Space Research Organisation) is .......
1) R.K. Srivastva
2) B. Prasad Rao
3) Sutirtha Bhattacharya
4) P. Sudha Kumar
5) AS Kiran Kumar
27. Which of the following is wrongly matched?
1) Kaziranga National Park - Assam
2) Khangchendzonga National Park - Sikkim
3) Murlen National Park - Meghalaya
4) Dibang Wildlife Sanctuary National Park - Arunachal Pradesh
5) Hemis National Park - Jammu and Kashmir
28. ''Youth for Clean, Green and Progressive India'' is the theme of 19th National Youth Festival concluded in .......
1) Belur
2) Raipur
3) Chicago
4) Mylapore
5) Guwahati
29. Which state has fixed minimum educational qualifications for contesting polls for local elections on 22 December 2014?
1) Goa
2) Bihar
3) Rajasthan
4) Gujarat
5) AP
30. 7th Vibrant Gujarat summit held in .....
1) Ahmedabad
2) Gandhi Nagar
3) Vadodara
4) Somnath
5) Porbandar
31. 11 countries have participated in first Buddha Heritage Walk concluded in....
1) Bihar
2) UP
3) Rajasthan
4) Delhi
5) Telangana
32. On the eve of 13th edition of Pravasi Bhartiya Divas and 7th edition of Vibrant Gujarat, P.M has inaugurated the Dandi Kutir Museum in.......
1) New Delhi
2) Ahmedabad
3) Dandi
4) Porbandar
5) Gandhi Nagar
33. Dandi Satyagraha also called Salt Satyagraha conducted by Gandhi to protest the tax regime of British India. The Dandi march held in ......
1) 1942
2) 1915
3) 1920
4) 1930
5) 1947
34. India's first district with 100% rural broadband connectivity is ......
1) Kancheepuram (Tamilnadu)
2) Thane (Maharashtra)
3) Krishna (AP)
4) Idukki (Kerala)
5) Medak (Telangana)
35. On 5 January 2015, PM Modi launched 'Prakash Path'. It is a ......
1) Urban Housing Mission
2) Digital India Project
3) Primary Education Initiative
4) Clean India Programme
5) National energy conservation movement
36. International Exchange in Gujarat's GIFT city (Gujarat International Finance Tec-City) to be established by .....
1) KSE
2) MSE
3) NSE
4) BSE
5) None
37. Army day observed on....
1) 15 January
2) 4 Dec
3) 8 Oct
4) 15 August
5) 26 January
38. Bezbaruah Committee had given recommendations on .....
1) to examine the constitution of SIT on 1984 anti-Sikh riots.
2) to look into the concerns of the people of North East living in the other parts of the country.
3) to interact with trade and industry on taxrelated issues on a regular basis.
4) government advertisements
5) giving the recognition to deemed universities on regular basis.
39. Who has been conferred with the Sardar Vallabhbhai Patel Vishwa Pratibha Award, for his contribution to society as a Gujarati?
1) Arun Jaitley
2) Arvind Panagariya
3) Meghnad Desai
4) Amartya Sen
5) None
40. On 4 January which neighbouring nation of India celebrates Independence day every year?
1) Sri Lanka
2) Bangladesh
3) Maldives
4) Pakistan
5) Myanmar
41. Singapore-bound Flight QZ8501, which crashed into Java Sea on 28 Dec 2014 after taking off from Surabaya, Indonesia, belongs to ......
1) Cathay Pacific
2) Lufthansa
3) Air India
4) Air Asia
5) Garuda
42. As the no party/parties unable to form the new government in Jammu and Kashmir, the president rule was imposed under....
1) Article 356
2) Article 352
3) Article 360
4) Article 19
5) Article 21
43. Governor of Jammu and Kashmir is ......
1) Krishan Kant Paul
2) N.N.Vohra
3) Urmila Singh
4) Kaptan Singh Solanki
5) Najeeb Jung
44. Winter capital of Jammu and Kashmir is ....
1) Srinagar
2) Ladakh
3) Jammu
4) Anantnag
5) Leh
ANSWERS:
1-1, 2-3, 3-1, 4-4, 5-2, 6-2, 7-3, 8-3, 9-4, 10-4
11-4, 12-4, 13-1, 14-5, 15-5, 16-1, 17-2, 18-5, 19-1, 20-1
21-1, 22-5, 23-4, 24-3, 25-3, 26-5, 27-3, 28-5, 29-3, 30-2
31-1, 32-5, 33-4, 34-4, 35-5, 36-4, 37-1, 38-2, 39-3, 40-5,
41-4, 42-1, 43. 2, 44. 3
1) to set up insurance joint ventures on risk participation basis.
2) to set up insurance joint ventures on partial- risk participation basis.
3) to set up insurance joint ventures on 60% risk participation basis.
4) to set up insurance joint ventures on 50 : 50 risk participation basis.
5) None of above
2. RBI allowed banks to undertake insurance business as agents of insurance companies...
1) on fee basis with any risk participation by banks and their subsidiaries.
2) on no fee basis without any risk participation by banks and their subsidiaries.
3) on fee basis without any risk participation by banks and their subsidiaries.
4) on free basis services without any risk participation by banks and their subsidiaries.
5) None of above
3. As per government of India order, Insurance is a permissible business under Section 6(1)(o) of .....
1) Banking Regulation Act 1949
2) RBI Act 1934
3) Banking Regulation Act 1959
4) FEMA 1999
5) None of above
4. If the Banks want to set up a subsidiary/ JV for undertaking insurance business with risk participation, net worth of the bank should not be less than ..........
1) Rs.100 crores
2) Rs.500 crores
3) Rs.10 crores
4) Rs.1000 crores
5) None
5. Level of net non-performing assets should be not more than ..... if the Banks want to set up a subsidiary/ JV for undertaking insurance business with risk participation as per RBI.
1) 10%
2) 3 %
3) 4%
4) 5%
5) 1%
6. Banks undertaking insurance broking/ corporate agency through a subsidiary/ JV need RBI approval. Then those banks CRAR must not be less than .......
1) 9%
2) 10%
3) 11.5%
4) 8%
5) None
7. CRAR stands for .....
1) Capital to Risk (Weighted) Average Ratio
2) Core to Risk (Weighted) Assets Ratio
3) Capital to Risk (Weighted) Assets Ratio
4) Capital to Roll (Weighted) Assets Ratio
5) None
8. Who is the regulator of insurance business in India?
1) SEBI
2) CCI
3) IRDAI
4) PFRDA
5) All of above
9. Insurance Regulatory and Development Authority (IRDA) has been renamed as...
1) BRDA
2) IRRDA
3) IDA
4) IRDAI
5) None
10. IRDAI stands for ......
1) Insurance Rules Development Authority of India
2) Insurance Regulatory Donor Authority of India
3) Insurance Register Development Authority of India
4) Insurance Regulatory and Development Authority of India
5) None
11. IRDAI (Insurance Regulatory and Development Authority of India) earmarked .... as Insurance day , on which day it came into existence in the year 2000.
1) 8 Jan
2) 15 Apr
3) 20 May
4) 19 Apr
5) None
12. IRDAI headed by ......
1) Hemant Contractor
2) U.K.Sinha
3) Rahul Khullar
4) T.S.Vijayan
5) Ashok Chawla
13. Aam Aadmi Bima Yojana (AABY) covering death and disability insurance for the benefit of rural landless households in the country. The scheme implemented through ......
1) LIC
2) SBI Life
3) Edelweiss Tokio Life
4) Exide Life
5) Future Generali
14. On 13 January 2015, which bank declared to set up another 50 econnect outlets by 31 March 2015?
1) SBI
2) Corporation bank
3) SBM
4) SBT
5) SBH
15. Jifi Saver, a savings account managed via Twitter and Facebook launched on 13 Jan 2015 by....
1) ICICI
2) HDFC
3) Yes Bank
4) TMB
5) Kotak Mahindra bank
16. For optimum utilization of Sports Authority of India's sports facilities in Delhi and across the country, which scheme was introduced?
1) come and play
2) go and play
3) try and win
4) see and goal
5) ball and bat
17. Gram Santhosh Rural Postal Life Insurance Scheme introduced by .....
1) LIC
2) India Post
3) Bajaj Allianz
4) Reliance Insurance
5) None
18. To provide separate, specialized and comprehensive health care to the senior citizens, NPHCE was introduced. NPHCE means.....
1) National Promotion for Health Care of the Elderly
2) National Programme for Health Code of the Elderly
3) Nodal Programme for Health Care of the Elderly
4) National Programme for Hospital Care of the Elderly
5) National Programme for Health Care of the Elderly
19. Kishori Shakti Yojana (KSY) introduced to empower .......... so as to enable them to take charge of their lives.
1) adolescent girls
2) women
3) widows
4) employee women
5) aged women
20. PFDF scheme introduced by central government to provide credit enhancement to Urban Local Bodies (ULBs) to access market borrowings based on their credit worthiness. PFDF stands for ........
1) Pooled Finance Development Fund
2) Power Finance Development Fund
3) Pooled Fund Development Fund
4) Pooled Finance Dearness Fund
5) None
21. 19th Chief Election Commissioner (CEC) of India is ......
1) H.S.Brahma
2) Syed Nasim Ahmad Zaidi
3) V.S. Sampath
4) J.M. Lyngdoh
5) None of above
22. EVM stands for ........
1) Electric Voting Machine
2) Electronic Voting Module
3) Electronic Voting Memory
4) Election Voting Machine
5) Electronic Voting Machine
23. NOTA button in EVM stands for ........
1) Notice Of The Above
2) None Of The Area
3) Nine Of The Above
4) None Of The Above
5) Nice Of The Above
24. Maithripala Sirisena became the president of .....
1) Bhutan
2) Afghanistan
3) Sri Lanka
4) Myanmar
5) Bangladesh
25. Which of the following nation has Rupee as currency?
1) Bhutan
2) Afghanistan
3) Sri Lanka
4) Myanmar
5) Bangladesh
26. The new Chairman of ISRO (Indian Space Research Organisation) is .......
1) R.K. Srivastva
2) B. Prasad Rao
3) Sutirtha Bhattacharya
4) P. Sudha Kumar
5) AS Kiran Kumar
27. Which of the following is wrongly matched?
1) Kaziranga National Park - Assam
2) Khangchendzonga National Park - Sikkim
3) Murlen National Park - Meghalaya
4) Dibang Wildlife Sanctuary National Park - Arunachal Pradesh
5) Hemis National Park - Jammu and Kashmir
28. ''Youth for Clean, Green and Progressive India'' is the theme of 19th National Youth Festival concluded in .......
1) Belur
2) Raipur
3) Chicago
4) Mylapore
5) Guwahati
29. Which state has fixed minimum educational qualifications for contesting polls for local elections on 22 December 2014?
1) Goa
2) Bihar
3) Rajasthan
4) Gujarat
5) AP
30. 7th Vibrant Gujarat summit held in .....
1) Ahmedabad
2) Gandhi Nagar
3) Vadodara
4) Somnath
5) Porbandar
31. 11 countries have participated in first Buddha Heritage Walk concluded in....
1) Bihar
2) UP
3) Rajasthan
4) Delhi
5) Telangana
32. On the eve of 13th edition of Pravasi Bhartiya Divas and 7th edition of Vibrant Gujarat, P.M has inaugurated the Dandi Kutir Museum in.......
1) New Delhi
2) Ahmedabad
3) Dandi
4) Porbandar
5) Gandhi Nagar
33. Dandi Satyagraha also called Salt Satyagraha conducted by Gandhi to protest the tax regime of British India. The Dandi march held in ......
1) 1942
2) 1915
3) 1920
4) 1930
5) 1947
34. India's first district with 100% rural broadband connectivity is ......
1) Kancheepuram (Tamilnadu)
2) Thane (Maharashtra)
3) Krishna (AP)
4) Idukki (Kerala)
5) Medak (Telangana)
35. On 5 January 2015, PM Modi launched 'Prakash Path'. It is a ......
1) Urban Housing Mission
2) Digital India Project
3) Primary Education Initiative
4) Clean India Programme
5) National energy conservation movement
36. International Exchange in Gujarat's GIFT city (Gujarat International Finance Tec-City) to be established by .....
1) KSE
2) MSE
3) NSE
4) BSE
5) None
37. Army day observed on....
1) 15 January
2) 4 Dec
3) 8 Oct
4) 15 August
5) 26 January
38. Bezbaruah Committee had given recommendations on .....
1) to examine the constitution of SIT on 1984 anti-Sikh riots.
2) to look into the concerns of the people of North East living in the other parts of the country.
3) to interact with trade and industry on taxrelated issues on a regular basis.
4) government advertisements
5) giving the recognition to deemed universities on regular basis.
39. Who has been conferred with the Sardar Vallabhbhai Patel Vishwa Pratibha Award, for his contribution to society as a Gujarati?
1) Arun Jaitley
2) Arvind Panagariya
3) Meghnad Desai
4) Amartya Sen
5) None
40. On 4 January which neighbouring nation of India celebrates Independence day every year?
1) Sri Lanka
2) Bangladesh
3) Maldives
4) Pakistan
5) Myanmar
41. Singapore-bound Flight QZ8501, which crashed into Java Sea on 28 Dec 2014 after taking off from Surabaya, Indonesia, belongs to ......
1) Cathay Pacific
2) Lufthansa
3) Air India
4) Air Asia
5) Garuda
42. As the no party/parties unable to form the new government in Jammu and Kashmir, the president rule was imposed under....
1) Article 356
2) Article 352
3) Article 360
4) Article 19
5) Article 21
43. Governor of Jammu and Kashmir is ......
1) Krishan Kant Paul
2) N.N.Vohra
3) Urmila Singh
4) Kaptan Singh Solanki
5) Najeeb Jung
44. Winter capital of Jammu and Kashmir is ....
1) Srinagar
2) Ladakh
3) Jammu
4) Anantnag
5) Leh
ANSWERS:
1-1, 2-3, 3-1, 4-4, 5-2, 6-2, 7-3, 8-3, 9-4, 10-4
11-4, 12-4, 13-1, 14-5, 15-5, 16-1, 17-2, 18-5, 19-1, 20-1
21-1, 22-5, 23-4, 24-3, 25-3, 26-5, 27-3, 28-5, 29-3, 30-2
31-1, 32-5, 33-4, 34-4, 35-5, 36-4, 37-1, 38-2, 39-3, 40-5,
41-4, 42-1, 43. 2, 44. 3
