Daily Current Affairs Quiz : 30 July 2017

1. The IBBI, in the seven months since the Insolvency and Bankruptcy Code (IBC) became operational, has started resolution process for 200 companies. The term IBBI means

1) Insolvency and Bundling Board of India

2) Insolvency and Binding Board of India

3) Insolvency and Borrowing Board of India

4) Insolvency and Bankruptcy Board of India

5) None of these

2. PM Narendra Modi, in his recent Mann Ki Baat programme, called for launching a mega campaign from 9 Aug to be fulfilled by 2022. The campaign is

1) Sankalp Se Siddhi

2) Clean and Corruption free India

3) Swaraj Se Suraj

4) Self Employment Best Employment

5) Sabka Saath Sabka Vikas

3. Who among the following is the present chairman of the Insolvency and Bankruptcy Board of India (IBBI)?

1) Ramesh Abhishek

2) Ashok Lavasa

3) MS Sahoo

4) Rajeev Rishi

5) M Balachandran

4. Ravi Mittal has been appointed as a part-time member of the Insurance Regulatory and Development Authority of India (IRDAI) board. The headquarters of IRDAI is located in

1) Chennai

2) Hyderabad

3) Bengaluru

4) Lucknow

5) Mumbai

5. The govt has ordered oil companies to raise subsidised cooking gas (LPG) prices by ____ per cylinder every month to eliminate all the subsidies by Mar 2018.

1) Rs 02

2) Rs 04

3) Rs 06

4) Rs 08

5) Rs 10

6. ________ is issued by registered foreign portfolio investors to overseas players who wish to be a part of the Indian stock markets without registering themselves directly.

1) Hundi

2) Bankers’ cheque

3) P-note

4) Commercial Paper

5) Assignment

7. The two-day conclave of tax officers entitled ‘Rajaswa Gyansangam’ will be held soon (Sep 1 and 2) in

1) Mumbai

2) Chandigarh

3) Hyderabad

4) New Delhi

5) Gurugram

8. Which of the following banks recently introduced a two-tier interest rate structure – an interest rate of 3.5% p.a. on balance up to Rs 1 cr and 4% on above Rs 1 cr?

1) Axis Bank

2) HDFC Bank

3) ICICI Bank

4) PNB

5) SBI

9. The RBI imposed a monetary penalty of Rs 10 mn on Union Bank of India for non-compliance with Know Your Customer (KYC) norms. The UBI is headquartered at

1) Mumbai

2) New Delhi

3) Bengaluru

4) Chennai

5) Hyderabad

10. Who among the following is the Minister for Steel in the present Union Cabinet? He has said that first time India has become a net export country in Steel.

1) Radha Mohan Singh

2) Chaudhary Birender Singh

3) Rao Inderjit Singh

4) Jual Oram

5) Narendra Singh Tomar

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Daily Current Affairs Quiz : 30 July 2017