Q1. The first Regional Rural Bank in India was sponsored by Syndicate Bank on 2 October 1975. What is the name of that bank and where is it located ?
a) Kashmir Bank at Jammu in Jammu and Kashmir
b) Chikmagalur Gramin Bank at Chikmagalur in Karnataka
c) Pallavan Gramin Bank in Tamilnadu
d) Lucknow KGH Gramin Bank in Uttar Pradesh
e) Prathama Grammen bank at Moradabad in Uttar Pradesh

Q2. Libya, officially the State of Libya, is a country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west. What is the capital of Libya?
a) Cairo
b) Tripoli
c) Havana
d) Damascus
e) None of the above

Q3. ___________ is a specified minimum fraction of the total deposits of customers, that commercial banks have to hold as reserves either in cash or as deposits with the central bank.
a) MSF
b) Bank Rate
c) SLR
d) Repo Rate
e) CRR

Q4. World Cancer Day unites the world's population in the fight against cancer. World Cancer Day is celebrated on?
a) Feb 14
b) Feb 12
c) Jan 12
d) Feb 04
e) March 08

Q5. Vijaya Bank is a medium-sized Public Sector Bank with presence across India. It is one of the nationalised banks in India. Where are the headquarters of Vijaya Bank?
a) Mumbai
b) New Delhi
c) Bengaluru
d) Kolkata
e) Pune

Q6. Rajnath Singh was elected as Member of Parliament to the 16th Lok Sabha from the constituency of?
a) Lucknow, Uttar Pradesh
b) Ghajiabad, Uttar Pradesh
c) Patna Sahib, Bihar
d) Darbhanga, Bihar
e) Hamirpur, Himachal Pradesh

Q7. "Green Signals: Ecology, Growth and Democracy in India" has been written by?
a) Pranab Mukherjee
b) Narendra Modi
c) P Chidambaram
d) Jairam Ramesh
e) None of the above

Q8. Punjab, a state bordering Pakistan, is the heart of India’s Sikh community. Where is the capital of Punjab?
a) Amritsar
b) Chandigarh
c) Ludhiana
d) Jalandhar
e) None of the above

Q9. Who is Anjali Bhagwat?
a) Film actress
b) Author
c) Artitecture
d) Politician
e) Shooter

Q10. GAAR, a controversial system that seeks to empower taxmen to clampdown on deals and income suspected to have been structured to avoid paying taxes. GAAR stands for?
a) General Anti Avoidance Rules
b) General Anti Avoidance Region
c) Global Anti Avoidance Rules
d) General Anti Agreement Rules
e) None of the above



Answers:


Q1. The first Regional Rural Bank in India was sponsored by Syndicate Bank on 2 October 1975. What is the name of that bank and where is it located ?
a) Kashmir Bank at Jammu in Jammu and Kashmir
b) Chikmagalur Gramin Bank at Chikmagalur in Karnataka
c) Pallavan Gramin Bank in Tamilnadu
d) Lucknow KGH Gramin Bank in Uttar Pradesh
e) Prathama Grammen bank at Moradabad in Uttar Pradesh
(Prathama Bank is the first Regional Rural Bank of India, sponsored by Syndicate Bank established on 2nd October, 1975, with its Head Office at Moradabad in accordance with Regional Rural Bank Ordinance 1975 issued on 26th September, 1975 (Replaced later by Regional Rural Bank Act, 1976(2) of 1976 of Government of India). 

Q2. Libya, officially the State of Libya, is a country in the Maghreb region of North Africa bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad and Niger to the south, and Algeria and Tunisia to the west. What is the capital of Libya?
a) Cairo
b) Tripoli
c) Havana
d) Damascus
e) None of the above
(Currency of Libya- Libyan Dinar) 

Q3. ___________ is a specified minimum fraction of the total deposits of customers, that commercial banks have to hold as reserves either in cash or as deposits with the central bank.
a) MSF
b) Bank Rate
c) SLR
d) Repo Rate
e) CRR
(Cash Reserve Ratio (CRR) is a specified minimum fraction of the total deposits of customers, which commercial banks have to hold as reserves either in cash or as deposits with the central bank. CRR is set according to the guidelines of the central bank of a country. Current CRR is 4%)

Q4. World Cancer Day unites the world's population in the fight against cancer. World Cancer Day is celebrated on?
a) Feb 14
b) Feb 12
c) Jan 12
d) Feb 04
e) March 08
(A truly global event taking place every year on 4 February, World Cancer Day unites the world’s population in the fight against cancer. It aims to save millions of preventable deaths each year by raising awareness and education about the disease, pressing governments and individuals across the world to take action.
Currently, 8.2 million people die from cancer worldwide every year, out of which, 4 million people die prematurely (aged 30 to 69 years. World Cancer Day is the ideal opportunity to spread the word and raise the profile of cancer in people’s minds and in the world’s media.)
Q5. Vijaya Bank is a medium-sized Public Sector Bank with presence across India. It is one of the nationalised banks in India. Where are the headquarters of Vijaya Bank?
a) Mumbai
b) New Delhi
c) Bengaluru
d) Kolkata
e) Pune
(Vijaya Bank today is a PAN India Institution, serving diverse sectors of the society. The bank has built a network of  1863 branches, 49 Extension Counters and 1651 ATMs that span across all States and  Union Territories in the country. The Bank has the highest number of branches in its home state Karnataka. 
Tagline- A friend you can bank upon
MD and CEO- Dr.Kishore Sansi)

Q6. Rajnath Singh was elected as Member of Parliament to the 16th Lok Sabha from the constituency of?
a) Lucknow, Uttar Pradesh
b) Ghajiabad, Uttar Pradesh
c) Patna Sahib, Bihar
d) Darbhanga, Bihar
e) Hamirpur, Himachal Pradesh
(Born on 10th July 1951 in a farmer’s family at village Babhora, Tehasil Chakia, District Varansi (now district Chanduli) UP, to Shri Rambadan Singh and Srimati Gujarati Devi. He received his basic education in the village and subsequently he completed his MSc Physics from Gorakhapur University UP. He worked as a lecturer of Physics at K.B. Post-Graduate College Mirzapur, UP.
On May 26, 2014 Shri Rajnath Singh took oath as the Union Minister of India. Since then he is actively working as the Union Minister for Home Affairs.)

Q7. "Green Signals: Ecology, Growth and Democracy in India" has been written by?
a) Pranab Mukherjee
b) Narendra Modi
c) P Chidambaram
d) Jairam Ramesh
e) None of the above
(Describing his tenure as the Union Minister of State (Independent Charge) for Environment, Forests and Climate Change as “tumultuous, which was both applauded and criticised”, Jairam Ramesh sets the framework for his book. Organised into 12 chapters that use the author’s narrative on various ecological and environmental issues, the book — in a rather unique manner — also provides the reader with glimpses of transcripts from the Rajya Sabha deliberations, correspondence in the form of letters written to or by the Minister and invited lectures on topics of seminal interest.)

Q8. Punjab, a state bordering Pakistan, is the heart of India’s Sikh community. Where is the capital of Punjab?
a) Amritsar
b) Chandigarh
c) Ludhiana
d) Jalandhar
e) None of the above
(It is one of the most ancient civilizations in the world with a distinguished culture. Punjabi language has its origins in the Indo-European family of languages which included Persian and Latin. A land of ethnic and religious diversity, it is birth place of a number of religious movements. Some of the prominent ones include Sikhism, Buddhism and many Sufi schools of Islam.
The Indian State of Punjab was created in 1947, when the partition of India split the former Raj province of Punjab between India and Pakistan.) 

Q9. Who is Anjali Bhagwat?
a) Film actress
b) Author
c) Artitecture
d) Politician
e) Shooter
(Anjali Bhagwat is a rifle shooter from India. Her maiden name was Anjali Ved Pathak. She was born on 5th December 1969 in Marathi Daivajna family. She took part in 2002 Commonwealth Games in Manchester and won four gold medals. She got this for individual category, pair’s events of Air rifle and Smallbore Rifle for three positions. She received Arjuna Award in 2000. She shared Rajiv Gandhi Khel Ratna award with Beenamol in 2002-2003.)

Q10. GAAR, a controversial system that seeks to empower taxmen to clampdown on deals and income suspected to have been structured to avoid paying taxes. GAAR stands for?
a) General Anti Avoidance Rules
b) General Anti Avoidance Region
c) Global Anti Avoidance Rules
d) General Anti Agreement Rules
e) None of the above
(Tax Avoidance is an area of concern across the world.  The rules are framed in different countries to minimize such avoidance of tax.  Such rules in simple terms are known as  " General Anti Avoidance Rules "  or GAAR.   Thus GAAR is a set of general rules enacted so as to check the tax avoidance. 
News for GAAR has been in prominence in last few years as Indian Government has taken initiative to introduce GAAR or General Anti Avoidance Rules with a view to increase tax collections.)






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