Sunday 11 October 2015

GK Weekly Update 04/10/2015 to 10/10/2015 Set1

Q.1. Which among the following entities did not get license to start the small finance banks?
a) ESAF Microfinance and Investments Private Ltd - Chennai
b) Janalakshmi Financial Services Private Limited - Bengaluru
c) Suryoday Micro Finance Private Ltd - Navi Mumbai
d) Ujjivan Financial Services Private Ltd - Bengaluru
e) All of the above entities got permission to start small finance banks

Q.2. Who has been named as the new Chief Executive of the Women's Tennis Association (WTA)?
a) Steve Simon
b) Stacey Allaster
c) Alice Sorna
d) Catherine D'Costa
e) Rother Klem

Q.3. Expand FATCA.
a) Financial Account Tax Compliance Act
b) Foreign Account Trade Compliance Act
c) Financial Account Trade Compliance Act
d) Foreign Account Tax Capital Act
e) Foreign Account Tax Compliance Act

Q.4. In the Small Finance Banks, promoter's minimum initial contribution to the paid-up equity capital shall be at least .........
a) 10%
b) 20%
c) 25%
d) 40%
e) 74%

Q.5. Name the first indigenously-designed and built torpedo launch and recovery vessel commissioned into the Indian Navy.
a) INS Astradharini
b) INS Astravahini
c) INS Shakti
d) INS Dharini
e) INS Astra

Q.6.Which state government has announced Prabhakar Jog as winner of Lata Mangeshkar Award for Lifetime Achievement (2015)?
a)Andhra Pradesh
b)Telangana
c) Maharashtra
d) Uttar Pradesh
e) Sikkim

Q.7. Which of the following automakers in India launched the S-Cross, a premium crossover, on 5 Aug?
a) Hyundai
b) Ford
c) Renault
d) Maruti Suzuki
e) General Motors

Q.8. Who won the 2015 FIDE World Chess Cup?
a) Viswanathan Anand
b) Magnus Carlsen
c) Sergey Karjakin
d) Peter Svidler
e) R.C. James

Q.9. How much fine has been imposed by International Court of Arbitration on ISRO’s commercial arm Antrix?
a) $562.5 million
b) $458.7 million
c) $339.2 million
d) $721.5 million
e) $753.5 million

Q.10. The EPFO is to invest a part (5 per cent initially) of the retirement fund corpus in the capital market through ETFs for the first time. The term ETF stands for
a) Exchange-Tracked Fund
b) Exchange-Transacted Fund
c) Exchange-Traded Fund
d) Exchange-Transferred Fund
e) None of these

Answer:

Q.1. e) All of the above entities got permission to start small finance banks
Q.2. a) Steve Simon
Q.3. e) Foreign Account Tax Compliance Act
Q.4. d) 40%
Q.5. a) INS Astradharini
Q.6. c) Maharashtra
Q.7. d) Maruti Suzuki
Q.8. c) Sergey Karjakin 
Q.9. a) $562.5 million
Q.10. c) Exchange-Traded Fund 

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