SBI PO Main 2016: Banking/Economy Test – Day 14

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  1. Question 1 of 15
    1. Question
    1 points
    Category: Current B&F Awareness

    India ranks which position in worldwide doping violation in World Anti-Doping Agency report which was created by the International Olympic Committee?

    Correct

    Explanation :
    India has become No. 3rd in Anti-Doping Rule Violation in 2014 – WADA reported. The decision will be taken against an athlete following full disciplinary proceedings.

    Incorrect

    Explanation :
    India has become No. 3rd in Anti-Doping Rule Violation in 2014 – WADA reported. The decision will be taken against an athlete following full disciplinary proceedings.

  2. Question 2 of 15
    2. Question
    1 points
    Category: Current B&F Awareness

    Which of the following international organization has lead the race to buy stake in government controlled IDBI bank?

    Correct

    Explanation:
    World Bank’s private sector lending arm International Finance Corporation (IFC) has emerged as the top contender to buy around 15 per cent in government controlled IDBI Bank, even as talks have been held with at least three other players-GIC of Singapore, Asian Development Bank and Commonwealth Development Corporation.

    IFC is World Bank arm and is looking for a greater say in running IDBI.

    Incorrect

    Explanation:
    World Bank’s private sector lending arm International Finance Corporation (IFC) has emerged as the top contender to buy around 15 per cent in government controlled IDBI Bank, even as talks have been held with at least three other players-GIC of Singapore, Asian Development Bank and Commonwealth Development Corporation.

    IFC is World Bank arm and is looking for a greater say in running IDBI.

  3. Question 3 of 15
    3. Question
    1 points
    Category: Current B&F Awareness

    _______ Tourism has received the Best Indian Destination for Wildlife award by the Lonely Planet Group.

    Correct

    Explanation :
    It is to be noted that Madhya Pradesh has 25 wild life sanctuaries including nine National Parks. The award was handed over to MPT Special Duty Officer Vinod Kumar Amar by actress Amy Jackson.

    Incorrect

    Explanation :
    It is to be noted that Madhya Pradesh has 25 wild life sanctuaries including nine National Parks. The award was handed over to MPT Special Duty Officer Vinod Kumar Amar by actress Amy Jackson.

  4. Question 4 of 15
    4. Question
    1 points
    Category: Current B&F Awareness

    Asian Infrastructure Investment Bank approved its first set of loans to four countries. Which of the following countries is not in the list?

    Correct

    Incorrect

  5. Question 5 of 15
    5. Question
    1 points
    Category: Current B&F Awareness

    Which archaeological site has been declared as the South Asian Association of Regional Cooperation (SARRC) cultural capital for the year 2016-17?

    Correct

    Explanation:
    The cultural capital will be the historic place will host festivals on literature, films, foods and dances from October 2016 to September 2017. The same year 2016-17 has also been declared the SAARC Year of Cultural Heritage.

    Incorrect

    Explanation:
    The cultural capital will be the historic place will host festivals on literature, films, foods and dances from October 2016 to September 2017. The same year 2016-17 has also been declared the SAARC Year of Cultural Heritage.

  6. Question 6 of 15
    6. Question
    1 points
    Category: Current B&F Awareness

    For what purpose MoU was signed between the Rural Development Ministry and ISRO created a system under MGNREGA in each gram panchayat?

    Correct

    Explanation:
    The move comes government seeking for online recording and monitoring of assets to check leakages and for effective mapping of terrain for future developmental works. Upon the MGNREGA over 30 lakh assets are formed yearly across the country and the Ministry has decided that through convergence with other schemes, the geo-tagging of such assets will be done on a mission mode.

    Incorrect

    Explanation:
    The move comes government seeking for online recording and monitoring of assets to check leakages and for effective mapping of terrain for future developmental works. Upon the MGNREGA over 30 lakh assets are formed yearly across the country and the Ministry has decided that through convergence with other schemes, the geo-tagging of such assets will be done on a mission mode.

  7. Question 7 of 15
    7. Question
    1 points
    Category: Current B&F Awareness

    Union Human Resource Development minister taken a steps to cultivate reading habits among children through a scheme _____________

    Correct

    Explanation:
    Union HRD Minister Smriti Irani initiated a step to inculcate reading habits among children vide a scheme “VIDYANJALI”

    Incorrect

    Explanation:
    Union HRD Minister Smriti Irani initiated a step to inculcate reading habits among children vide a scheme “VIDYANJALI”

  8. Question 8 of 15
    8. Question
    1 points
    Category: Current B&F Awareness

    Under the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions Bill, 2016, Legislation proposed to give powers to which organization to regulate the debts?

    Correct

    Explanation:
    The Legislation proposed to give powers to Reserve Bank of India:
    To regulate Asset Reconstruction Companies
    Priorities secured creditors in repayment of debts
    Provide stamp duty exemption on loans assigned by banks
    Financial institutions to asset reconstruction firms
    To audit Asset Reconstruction Companies (ARC) and penalize them if they fail to adhere.

    Incorrect

    Explanation:
    The Legislation proposed to give powers to Reserve Bank of India:
    To regulate Asset Reconstruction Companies
    Priorities secured creditors in repayment of debts
    Provide stamp duty exemption on loans assigned by banks
    Financial institutions to asset reconstruction firms
    To audit Asset Reconstruction Companies (ARC) and penalize them if they fail to adhere.

  9. Question 9 of 15
    9. Question
    1 points
    Category: Current B&F Awareness

    Which bank announced the launch of India’s first Internationally listed certified green bonds to finance climate change solutions around the world?

    Correct

    Explanation:
    Mumbai based Axis Bank has announce the launch of India’s first internationally-listed certified green bond to finance climate change solutions around the world at London Stock Exchange (LSE).

    Incorrect

    Explanation:
    Mumbai based Axis Bank has announce the launch of India’s first internationally-listed certified green bond to finance climate change solutions around the world at London Stock Exchange (LSE).

  10. Question 10 of 15
    10. Question
    1 points
    Category: Current B&F Awareness

    Power, Coal and New & Renewable Energy Minister has launched which mobile Application is developed by National Institute of Solar Energy?

    Correct

    Explanation:
    Power, Coal and New & Renewable Energy Minister Piyush Goyal has launched Surya Mitra mobile Application which is developed by National Institute of Solar Energy.

    Incorrect

    Explanation:
    Power, Coal and New & Renewable Energy Minister Piyush Goyal has launched Surya Mitra mobile Application which is developed by National Institute of Solar Energy.

  11. Question 11 of 15
    11. Question
    1 points
    Category: Current B&F Awareness

    Indian Coast Guard joined with country to take part in a joint exercise code named Sahyog-Hyeobleod-2016 is being scheduled in the Bay of Bengal in Chennai?

    Correct

    Explanation:
    Indian Coast Gaurd and their Korean Counterpart are taking part in a joint exercise codenamed Sahyog-Hyeobleod-2016 is being scheduled in the Bay of Bengal in Chennai. These exercises are scheduled every year alternately between the two countries.

    Incorrect

    Explanation:
    Indian Coast Gaurd and their Korean Counterpart are taking part in a joint exercise codenamed Sahyog-Hyeobleod-2016 is being scheduled in the Bay of Bengal in Chennai. These exercises are scheduled every year alternately between the two countries.

  12. Question 12 of 15
    12. Question
    1 points
    Category: Current B&F Awareness

    Which organization/Company decided to increase the maximum sum assured under its insurance scheme to Rs 6 Lakh from Rs. 3.6 Lakh for its 4 Crore subscribers?

    Correct

    Explanation :
    Union government has imposed the decision of retirement fund body EPFO to closely double the maximum sum assured under its insurance scheme to Rs 6 lakh from Rs 3.6 lakh for its 4 crore subscribers.

    Incorrect

    Explanation :
    Union government has imposed the decision of retirement fund body EPFO to closely double the maximum sum assured under its insurance scheme to Rs 6 lakh from Rs 3.6 lakh for its 4 crore subscribers.

  13. Question 13 of 15
    13. Question
    1 points
    Category: Current B&F Awareness

    What are the organizations involved in launching of Union Government Initiative to judge the impact of Environment linked health problem by promoting Centre for Environmental Health?

    Correct

    Explanation:
    Union Health Minister J P Nadda launched the Centre for Environmental Health to judge the impact of environment-linked health problems like air pollution, climate change, pesticide use and sanitation. This is a joint initiative of the Public Health Foundation of India and the Tata Institute of Social Science.

    Incorrect

    Explanation:
    Union Health Minister J P Nadda launched the Centre for Environmental Health to judge the impact of environment-linked health problems like air pollution, climate change, pesticide use and sanitation. This is a joint initiative of the Public Health Foundation of India and the Tata Institute of Social Science.

  14. Question 14 of 15
    14. Question
    1 points
    Category: Current B&F Awareness

    Rajasthan State Bundi Region is set to get _____________________ council to provide files at a click and detailed digital mapping with a database of its demographical and Geographical Information.

    Correct

    Explanation:
    Rajasthan’s Bundi is all set get an e-municipal council to provide files at a click, and detailed digital mapping with a database of its demographical and geographical information.

    Incorrect

    Explanation:
    Rajasthan’s Bundi is all set get an e-municipal council to provide files at a click, and detailed digital mapping with a database of its demographical and geographical information.

  15. Question 15 of 15
    15. Question
    1 points
    Category: Current B&F Awareness

    Finance Ministry announced which scheme and will remain functioning till September 2016 for filing of Declarations and payment?

    Correct

    Explanation :
    Finance Ministry announced that the Income Declaration Scheme 2016 will remain functioning till September 30 for filing of Declarations and Payments towards taxes, surcharge and Penalty.

    Incorrect

    Explanation :
    Finance Ministry announced that the Income Declaration Scheme 2016 will remain functioning till September 30 for filing of Declarations and Payments towards taxes, surcharge and Penalty.


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SBI PO Main Week Days Test Timing
English Test 6:00 PM
Reasoning Test 7:00 PM
Quants Test 8:00 PM
Banking/Economy Test 9:00 PM
Static GK Test 10:00 PM




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