1.

The first woman to feature on a US Dollar note

1. Billie Jean King
2. Harriet Tubman
3. Jackie Kennedy Onassis

4. Ayn Rand

2. The first tennis player to earn US $ 100 million in prize money

1. Ivan Lendi
2. Roger Federer
3. Novak Djokovic

4. D. Rod Layer

3. The term Google Tax is a misnomer because

1. Google is exempt from paying tax
2. Google earns most of its income from search, not advertising
3. Google has a permanent establishment in India
4. It applies only to hardware business
4. The Boston Tea Party was a protest against
1. Taxation imposed by the British
2. Tax payable by slave-owners in Boston
3. Export duties imposed on tea
4. Zero import duty imposed on coffee
5. SEBIs circular on mutual fund redemptions in the event of dislocations states that
1. Redemption up to Rs.2 lakh must be made on demand
2. Redemption can only be held back for period of 10 days, once every 90 days
3. Both (A) and (B)
4. The new rules will apply only on liquid funds
6. Publil sectors banks Gross Non Performing Assets as on March 31, 2016 are of the order of
1. Rs.5.3 lakh crore
2. Rs.4.3 lakh crore
3. Rs.3.3 lakh crore
4. Rs.2.3 lakh crore
7. Which of the public sector banks has recorded profit in 2015-16?
1. Punjab National Bank 2.Canara Bank
3.Bank of Baroda

4.Union Bank of India

8. Which of the following banks has lowest Net Non-performing Assets as per cent of net advances in 2015-16?
1. YES Bank
2. HDFC Bank
3. State Bank of India
4. Kotak Mahindra Bank
9. Which Indian Company has highest Market capitalization as on June 13, 2016?
1. Tata Consultancy Services 2. Reliance Industries 3. HDFC Bank
4. ONGC
10. What is S4A?
1. A scheme for sustainable structuring of stressed assets of commercial banks
2. Service sectors sustainable system for advancement
3. A scheme for social surveillance of Scheduled caste adults
4. A software for social surveillance
11. Consider the following statements about New National Aviation Policy 2016 and choose the correct code
given below
I. It is the first ever national aviation policy since independence
II. 5/20 requirements have been done away
III. Regional Connectivity Scheme will come into effect from 1 July, 2016
IV. Airfare of about 2500 per passenger for a one-hour flight
The correct code is:
1. I and II are correct
2. II, III and IV are correct
3. I, III and IV are correct
4. All are correct
12. Which of the following is the leading micro finance institution in India?
1. Janalakshmi
2. SKS
3. Ujjivan
4. Equatas
13. Which of the following states leads in the distribution of loans by micro finance institutions ?
1. Telangana
2. Karnataka
3. Tamil Nadu
4. Uttar Pradesh
14. In which country did a referendum in 2016 decide in favour of its separation from European Union?
1. France
2. Germany
3. UK
4. None of these

15. The classifications in the Union Budget 2016-17 for Centrally- sponsored schemes have been changed to
1. core of the core 2. core
3. optimal
4. All of the above
16. As per Forbes magazines latest estimates the net worth of a companys founder became zero. The company
1. Valeant Pharmaceuticala 2. Theranos
3. Pinterest
4. Palantir
17. Which of these founders has the distinction of launching two Unicorns?
1. Evan Spiegel
2. Travis Kalanick
3. Jack Dorsey
4. Kevin Systrom
18. Which of the following served as the Governor of RBI for shortest period?
1. B. N. Adarkar
2. N. C. Sengupta
3. K, G. Ambegaokar 4. Amitabh Ghosh
19. Which is the first Commercial Bank in India to introduce advance payment of tax through its mobile app?
1. HDFC Bank
2. ICICIBank
3. Digibank
4. State Bank of India
21. Prime Minister Narendra Modi has launched RAPID, five-point mantra to tax officials to reform and broaden
the direct tax net base. Which of the following is not a part of it?
1. Revenue
2. Accountability
3. Probity
4. Declaration
22. Which of the following statements is incorrect about SWAYAM?
1. It stands for Study Webs of Active-Learning for Young Aspiring Minds
2. Microsoft is going to design mobile application SWAYAM platform
3. Under this platform ministry of HRD is going to launch 2000 Massive Open Online Courses
(MOOC) for over three crore students in the year 2016
4. UGC has signed a deal of Rs. 38 crore with Microsoft which will be running the app for three years and later
UGC will take over it
23. Which country is the largest consumer of oil in the world?
1. USA
2. China
3. UK

4. Saudi Arabia

24. Which of the organizations has been formally joined by India as a full member in June 2016?
1. NSG
2. MTCR
3. NATO
4. Wassenaar Arrangement
25. The richest state of India is _____ as per RBIs latest report, 2016.
1. Punjab
2. Tamil Nadu
3. Maharashtra
4. Uttar Pradesh
26. Which of the following countries is not a member of the Missile Technology Control Regime (MTCR)?
1. India
2. China
3. USA
4. Luxembourg
27. Indias place in Global Human Capital Index-2016 is
1. 85th
2. 95th
3. 105th

4. 115th

28. Which of the following indicators has not been used by RBI to study the stability of banks?
1. Soundness and liquidity 2. Asset Quality
3. Profitability, and efficiency 4. Corporate social responsibility
29. Overall credit and deposit growth rates of scheduled commercial banks in India during 2015-16 have been
1. 8.87% & 8.1% on y-o-y basis
2. 9.4% & 9.9% on y-o-y basis
3. 11.2% & 12.6% on y-o-y basis
4. 12.6% & 13.9% on y-o-y basis
30. Which of the following sections of Delhi Metro has been named as Heritage Corridor?
1. ITO-Kashmiri Gate
2. Central secretariat-Badarpur
3. Noida City Centre- Dwarika
4. New Delhi-Indira Gandhi International Airport
31. Which of the following statements is true about Indus OS?
1. It is a private scheduled commercial bank 2. It is a micro finance company working in West Bengal
3. It is a regional language mobile operating system a text to speech engine
4. It is a mobile handset

20. Consider the List I and List II and choose the correct code given below
List-I (State)
(a) Maharashtra
(b) Tamil Nadu
(c) Uttar Pradesh

(d) Karnataka

List-II (GDP in [US $ trillion)1. 0.267

4. 0.435

2. 0.167

3. 0.156

The correct code is:

(a)

(b)

(c)

(d)

(A)

(B)

(C)

(D)

32. Which of the following statements is incorrect about contact - less credit cards in India?
1. They can be issued by any bank operating in India
2. They can be used for payments up to Rs.5000 only
3. They rely on near field communication technology
4. Such cards can also double up as regular cards
33. Trecking Error, a metric commonly used in the case of index funds, is the _____ between the returns of the
fund and the underlying index.
1. Beta
2. Correlation
3. Standard Deviation
4. Alpha
34. Which of the following mutual funds recently launched Indias first ever fixed income exchange traded
fund?
1. HDFC
2. Franklin Templeton
3. LIC
4. SBI
35. Android Pay is at present available in only one Asian country. Which is it?
1. Singapore
2. India
3. China
4. Malaysia
36. What is Altman Z Score?
1. It measures that a company is likely to be taken over
2. It tells that a company is likely to be bankrupt
3. It pronounce that a company is likely to enter in the S&P 500 Index
4. It proclaim that a company is taking over another company
37. Which of the following statements is incorrect about recently launched Pravasi Kaushal Vikas Yojana?
1. Indian workers keen in overseas employment will be train and certified in select sectors
2. The scheme will be implemented by the National Skill Development Corporation
3. Ministry of External Affairs role will be limited to predeparture Orientation training
4. Ministry of HRD will monitor and evaluate the scheme
35. Project insight is an initiative of
1. Income Tax Department

2. Department of Customs and Central Excise

3. Department of Information Technology
4. ISRO
36. Consider the following statements about recently launched Project Insight and choose the correct code
given below
I. It will be used to track the transactions of tax evaders.
II. All the transactions related to immoveable property, jewelry and purchase of vehicles will be with the tax
authorities.
III. Banks are liable to inform the income tax authorities all the deposits of more than Rs.10 lakh in a year.
IV. Registrar/ Sub-registrar will communicate all the deals of more than Rs.30 Lakh.
The correct is
1. Only I and II are correct
2. Only II and III are correct
3. I and III are correct
4. All are correct
40. As per SEBIs guidelines the minimum corpus for new equity schemes and debt oriented schemes should be
at least Rs. ____ and Rs. _____ crore respectively.
1. 10, 20
2. 15, 30
3. 25, 50
4. 20, 30
Answers:
1. 2
2.3
14.3 15.4
27.3 28.4
40.1

3.3
16.2
29.1

4.1
17.3
30.1

5.3
18.4
31.3

6.1
19.2
32.2

7.4
20.2
33.3

8.1
21.4
34.4

9.1
22.4
35.1

10.1
23.1
36.2

11.4
24.2
37.4

12.1
25.3
38.1

13.2
26.2
39.4