22 September 2015

General Awareness - Latest Bits for Bank and Insurance Exams

1. SEBI permits 158 AIFs to operate in India. AIF stands for ....
1) Attractive Investment Funds
2) Attentive Investment Funds
3) Attractive Initiative Funds
4) Alternative Investment Funds
5) None

2. Which of the following statements is wrong relating to AIFs?
1) AIF is newly created class of pooled-in investment vehicles for
real estate, private equity and hedge funds.
2) AIFs have been registered with SEBI since August 2012.
3) AIFs must be registered with RBI also, once registered with SEBI.
4) HDFC Capital Affordable Real Estate Fund, Unicorn India Ventures Trust,
Arthveda Affordable Housing Trust and Blume Ventures India Fund are
few examples.
5) AIFs are funds established or incorporated in India for the purpose
of pooling in
capital from Indian and foreign investors for investing as per a
pre-decided policy.

3. The following statements are relating to AIFs. Locate the correct one.
1) Under SEBI guidelines, AIFs can operate broadly in three categories.
2) Category-I: AIFs are those funds that get incentives from the
government, SEBI or other regulators and include social venture funds,
infrastructure Funds, venture
capital funds and SME funds.
3) Category-III: AIFs are those trading with a view to making
short-term returns and includes hedge funds among others.
4) Category-II: AIFs can invest anywhere in any combination but are
prohibited from raising debt, except for meeting their daytoday
operational requirements.
5) All of the above

4. Flavia Pennetta had beaten Roberta Vinci to win US women's singles
2015. Flavia Pennetta belongs to .......
1) Italy 2) USA 3) Serbia 4) Czech Republic 5) Norway

5. India's overall place in the Global Competitiveness Index 2014-15 is .......
(The ranking declared out of 144 countries in the recent WEF report).
1) 101 2) 144 3) 12 4) 71 5) 25

6. 'Committed to improving the state of the world' is the Motto of ..........
1) WTO 2) World Bank 3) WEF 4) IMF 5) New Development Bank

7. In which year, WEF (World Economic Forum) was established ...?
1) 1995 2) 1945 3) 1904 4) 1971 5) 2001

8. Klaus Martin Schwab is the German Economist and Engineer. He is the
Executive Chairman of ....
1) WEF 2) WTO 3) World Bank 4) IMF 5) New Development Bank

9. Malcolm Turnbull is the new ......
1) Prime Minister of Nepal
2) Prime Minister of Sri Lanka
3) Prime Minister of Australia
4) President of Nigeria
5) None of the above

10. Among the following actors/ actresses, who has been named an
advocate for UN's 'HeForShe' campaign, the campaign on gender
equality?
1) Anupam Kher 2) Amitab Bachan
3) Shammi Kapoor 4) Vidya Balan 5) Katrina Kaif

11. Adam Gilchrist was appointed by which government as its inaugural
ambassador to India on education?
1) Australia 2) England
3) South Africa 4) Zimbabwe 5) New Zealand

12. The important Appointments given. The wrong combination is .......
1) Chairman of 14th Finance Commission -Y.V. Reddy
2) Chairman of University Grants Commission (UGC) - Prof.Ved Prakash
3) Chairman of National Commission for Minorities - Naseem Ahmad
4) Chairman of Children's Film Society of India - Mukesh Khanna
5) All of above are correct

13. Sachin Tendulkar has become Tiger Ambassador of .......
1) UP 2) Delhi 3) Telangana
4) Maharashtra 5) West Bengal

14. Which tennis player appointed as a new goodwill ambassador for the
United Nations Children's Fund (UNICEF)?
1) Roger Federar 2) Andy Murray
3) Novak Djokovic 4) Rafael Nadal
5) David Ferrer

15. 7th Central Pay Commission headed by.....
1) B.N. Srikrishna 2) Justice A K Mathur
3) Vivel Rae 4) Rathin Roy 5) Meena Agarwal

16. Union government has decided to declare which of the following
cities as 'twin national heritage cities,' the first instance of such
a tag being given?
1) Haridwar - Rishikesh
2) Hyderabad - Secunderabad
3) Bangalore - Mysore
4) Ghaziabad - Faridabad
5) Vijayawada - Guntur

Answers:

1-4; 2-3; 3-5; 4-1; 5-4; 6-3; 7-4; 8-1; 9-3; 10-1; 11-1; 12-5; 13-4;
14-3; 15-2; 16-1.

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