Current Affair Questions for SBI & IBPS Exam 2015

1) Which financial institution, established in 1978, which insures all bank deposits, such as savings, fixed, current, and recurring deposits for up to a certain limit?
  • a) GIC
  • b) DICGC
  • c) LIC
  • d) BCSBI
  • e) None of these
Ans: (b)

2) Which countries has overtaken the US as the top foreign investment destination as per the recent report by the UNCTAD?
  • a) Hong Kong
  • b) India
  • c) Brazil
  • d) China
  • e) Singapore
Ans: (d)

3) Name the author of the book “The Lowland”, who has won the DSC Prize for Literature, which is one of the South Asia’s top literacy Award?
  • a) Kiran Desai
  • b) Arundhati Roy
  • c) Jhumpa Lahiri
  • d) Anita Desai
  • e) None of these
Ans: (c)

4) What is the name of the winter storm that hit US recently?
  • a) Juno
  • b) Elena
  • c) Baker
  • d) Katrina
  • e) Camille
Ans: (a)

5) Chief Minister of ________, TR Zeliang has won the trust vote in the 60-member Assembly recently?
  • a) Arunachal Pradesh
  • b) Manipur
  • c) Nagaland
  • d) Tripura
  • e) Mizoram
Ans: (c)

6) According to one of the conditions for a corporate to issue Commercial Paper, the tangible net worth of the company, as per the latest audited balance sheet, should not be less than________.
  • a) Rs 8 cr
  • b) Rs 4 cr
  • c) Rs 5 cr
  • d) Rs 10 cr
  • e) Rs 2 cr
Ans: (b)

7) The RBI reduced the minimum daily maintenance of CRR from 99 per cent of the requirement to what per cent effective from the fortnight beginning Sep 21, 2013?
  • a) 85 per cent
  • b) 70 per cent
  • c) 90 per cent
  • d) 95 per cent
  • e) Other than those given as options
Ans: (d)

8) Which of the following countries parliament has voted in favor of ‘three-person embryo’ law recently? It is all set to become the first country in the world permit IVF babies to be created using biological material from three different people.
  • a) Switzerland
  • b) UK
  • c) US
  • d) Australia
  • e) Norway
Ans: (b)

9) Patrick Modiano was awarded the 2014 Noble Prize for _________
  • a) Physics
  • b) Medicine
  • c) Economic Sciences
  • d) Literature
  • e) Chemistry
Ans: (d)

10) What is the name of the book, which was written by Journalist – writer Hindol Senguta on entrepreneurial ventures in India has been shortlisted for the US’ prestigious Hayek Prize this year?
  • a) Recasting India: How Entrepreneurship is Revolutionising the World’s Largest Democracy
  • b) The Rule of Nobody; Saving America from Dead Laws and Broken Government
  • c) The Forgotten Depression: 1921 : The Crash that Cured itself
  • d) The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor
  • e) Other than those given as options
Ans: (a)

11) Who became the first Indian investor in China based company "Xiaomi"?
  • a) Kunal Bahl
  • b) Mukesh Ambani
  • c) Azim Hashim Premji
  • d) Sachin Bansal
  • e) Ratan Tata
Ans: (e)

12) Every year 30th January is observed as _______.
  • a) World Tuberculosis Day
  • b) Anti-Leprosy Day
  • c) World AIDS Day
  • d) World Cancer Day
  • e) World Rabies Day
Ans: (b)

13) Which is NOT covered under general insurance?
  • a) Marine Insurance
  • b) Health Insurance
  • c) Fire Insurance
  • d) Cattle Insurance
  • e) None of these
Ans: (e)

14) Which of the following non-life insurer is nonexistent in India?
  • a) Universal Sompo General Insurance
  • b) PNB MetLife General Insurance
  • c) Export Credit Guarantee Corporation of India
  • d) L & T General Insurance
  • e) Agriculture Insurance Company of India
Ans: (b)

15) Ministry of Commerce and Industry has planned to organize The Global Exhibition on Services (GES) on 23-25 April, 2015 at________.
  • a) New Delhi
  • b) Noida
  • c) Hyderabad
  • d) Gurgaon
  • e) Bengaluru
Ans: (a)