Current Affairs NOV-16 MCQ-280

What is the full form of term FEMA as used in banking/economy?

(A) Forward Exchange Management Act
(B) Foreign Exchange Maintenance Act
(C) Forward Exchange Maintenance Act
(D) Foreign Establishments Management Act
(E) Foreign Exchange Management Act

President Park Geun-hye is to be questioned over allegations of political corruption in which of the following countries?

(A) Mexico
(B) Cuba
(C) Venezuela
(D) Cambodia
(E) South Korea

What is the currency of Peru?

(A) Sol
(B) Rand
(C) Riel
(D) Baht
(E) Peso

Padmini Rout won the National Women Premier Championship for the third time recently. She plays

(A) Badminton
(B) Tennis
(C) Squash
(D) Snooker
(E) Chess

India’s Pratul Joshi, who clinched the Bahrain International Challenge tournament at Segayya in Bahrain, is a

(A) tennis player
(B) squash player
(C) shuttler
(D) shooter
(E) archer

The GST Council recently approved a four-tier GST tax structure with lower rates for essential items and the highest for luxury goods. Which of the following is one of the rates approved?

(A) 5%
(B) 12%
(C) 18%
(D) 28%
(E) All of these

As decided by the GST Council recently, items like soaps, oil, toothpaste, refrigerator and smart phones will be taxed at the rate of

(A) 0%
(B) 5%
(C) 12%
(D) 18%
(E) 28%

Sheikh Rached Ghannouchi is one of the four prominent personalities conferred with the prestigious 39th Jamnalal Bajaj Foundation Awards for 2016. He hails from

(A) Kenya
(B) Nigeria
(C) Tunisia
(D) Egypt
(E) Suriname

The Madhya Pradesh govt has decided to honour who among the following with its prestigious ‘Kalidas Samman’ national award for 2015-16?

(A) Padma Sachdev
(B) Govind Mishra
(C) Raj Bisaria
(D) Sugathakumari
(E) Veerappa Moily

Which of the following private sector lenders is headquartered at? Kumbakonam, Tamil Nadu?

(A) City Union Bank
(B) Centurian Bank
(C) Karur Vysya Bank
(D) Jammu and Kashmir Bank
(E) RBL Bank

Which of the following commercial banks has received RBI’s permission to open its first international branch at the Dubai international Financial Centre?

(A) RBL Bank
(B) Federal Bank
(C) Dhanlaxmi Bank
(D) Centurion Bank
(E) Karur Vysya Bank

The deadline set by the RBI for banks to clean up their balance sheets is

(A) 17-Mar
(B) 17-Jun
(C) 17-Sep
(D) 18-Mar
(E) 18-Sep