Current Affairs April 2011

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| By Bankersrinivasan
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Bankersrinivasan
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Quizzes Created: 2 | Total Attempts: 175
Questions: 30 | Attempts: 81

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Current Affairs April 2011 - Quiz


April Month current Affairs for Banking Aspirints. .


Questions and Answers
  • 1. 

    Infosys appoints ________ as chairman

    • A.

      Mallaya

    • B.

      K V Kamath

    • C.

      Venu Gopal rao

    • D.

      S.K. Sharma

    Correct Answer
    B. K V Kamath
    Explanation
    K V Kamath has been appointed as the chairman of Infosys.

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  • 2. 

    Dadasaheb Phalke for ____________?

    • A.

      Amithabhachan

    • B.

      Balachander. K

    • C.

      Manirathnam

    • D.

      Rajinikanth

    Correct Answer
    B. Balachander. K
    Explanation
    Dadasaheb Phalke is known as the father of Indian cinema and is credited with making India's first full-length feature film. Balachander. K is a renowned Indian filmmaker who has made significant contributions to the Tamil film industry. It is likely that the question is asking about Dadasaheb Phalke's association or influence on Balachander. K and his work in the film industry.

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  • 3. 

    ASBA. in which 'B' stands for________?

    • A.

      Banned

    • B.

      Barred

    • C.

      Blocked

    • D.

      Boomed

    Correct Answer
    C. Blocked
    Explanation
    The correct answer is "Blocked." ASBA stands for "Application Supported by Blocked Amount." In ASBA, the 'B' stands for "Blocked" because when an investor applies for shares in an initial public offering (IPO), the application amount is blocked in their bank account until the shares are allotted. This ensures that the investor has the necessary funds available for the shares they have applied for.

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  • 4. 

    Recently, Govt approves malaria control programme for ___________?

    • A.

      Rajasthan

    • B.

      Manipur

    • C.

      NE states

    • D.

      Maharastra

    Correct Answer
    C. NE states
    Explanation
    The correct answer is NE states. The government has recently approved a malaria control program specifically for the northeastern states. This decision highlights the recognition of the high prevalence of malaria in this region and the need for targeted efforts to control and prevent the spread of the disease. By focusing on the northeastern states, the government aims to address the unique challenges and requirements of this region in tackling malaria effectively.

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  • 5. 

    Duncan Fletcher famous for_________?

    • A.

      Basket ball

    • B.

      Football

    • C.

      Cricket

    • D.

      Ice hockey

    Correct Answer
    C. Cricket
    Explanation
    Duncan Fletcher is famous for cricket. He is a former Zimbabwean cricketer and coach who had a successful career in both playing and coaching cricket. He coached the England cricket team from 1999 to 2007, during which they achieved significant success, including winning the Ashes in 2005. Fletcher's expertise and contributions to the sport have made him renowned in the cricketing world.

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  • 6. 

    ______________ supplies 1200-1400 MW to india in cross border electricity transfer

    • A.

      Bhutan

    • B.

      Myanmar

    • C.

      Nepal

    • D.

      China

    Correct Answer
    A. Bhutan
    Explanation
    Bhutan supplies 1200-1400 MW of electricity to India in cross border electricity transfer.

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  • 7. 

    RBI penalises 19 banks for violating rules on ________?

    • A.

      Credit over draft

    • B.

      KYC norms

    • C.

      Security Vioation

    • D.

      Derivatives

    Correct Answer
    D. Derivatives
    Explanation
    The correct answer is derivatives because the question asks about the reason for RBI penalizing 19 banks for violating rules. Out of the given options, only derivatives are related to banking regulations and can be violated by banks. Credit over draft, KYC norms, and security violation are not specific to derivatives and may be subject to separate regulations. Therefore, it can be inferred that the banks were penalized for violating rules related to derivatives.

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  • 8. 

    Why did RBI penalises 19 banks for violating rules? bcos...

    • A.

      These banks lend over credit than Repo rate

    • B.

      These banks sold derivatives to companies which has no risk management policies

    • C.

      These banks sells their loans to preferred customers

    • D.

      These banks mishandles ATM cards

    Correct Answer
    B. These banks sold derivatives to companies which has no risk management policies
    Explanation
    The RBI penalized 19 banks for selling derivatives to companies that have no risk management policies because this action goes against the regulations set by the RBI. Selling derivatives to companies without proper risk management policies can expose both the banks and the companies to significant financial risks. The RBI aims to ensure the stability and integrity of the banking system, and penalizing banks for such violations helps enforce compliance with these regulations.

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  • 9. 

    Binayak sen Awarded Human rights prize by

    • A.

      South Korea

    • B.

      North Korea

    • C.

      Indonesia

    • D.

      Thailand

    Correct Answer
    A. South Korea
    Explanation
    Binayak Sen was awarded the Human Rights prize by South Korea. This indicates that South Korea recognized his contributions and efforts in the field of human rights. It is likely that Binayak Sen's work aligns with the values and principles upheld by South Korea regarding human rights. This recognition could also serve to raise awareness about human rights issues and inspire others to take action.

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  • 10. 

    PSUs should procure minimum _________ of requirement from SMEs

    • A.

      18 pc

    • B.

      22 pc

    • C.

      20 pc

    • D.

      25

    Correct Answer
    C. 20 pc
    Explanation
    PSUs should procure a minimum of 20% of their requirement from SMEs. This means that out of the total procurement made by Public Sector Undertakings (PSUs), at least 20% should come from Small and Medium Enterprises (SMEs). This requirement is aimed at promoting and supporting the growth of SMEs by providing them with business opportunities and helping them to participate in the public procurement process.

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  • 11. 

    Central Govt borrows from RBI _________?

    • A.

      Rs. 506.07 Mill.

    • B.

      Rs. 509.07 Mill.

    • C.

      Rs. 510.07 Mill.

    • D.

      Rs. 504 Mill.

    Correct Answer
    A. Rs. 506.07 Mill.
    Explanation
    The correct answer is Rs. 506.07 Mill. This answer suggests that the Central Government borrows this specific amount from the Reserve Bank of India (RBI).

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  • 12. 

    Expand CCPB?

    • A.

      Counter Centered Public Body

    • B.

      Counter Cyclical Provisioning buffer

    • C.

      Center for crop Protection board

    • D.

      None

    Correct Answer
    B. Counter Cyclical Provisioning buffer
    Explanation
    CCPB stands for Counter Cyclical Provisioning buffer. This term refers to a mechanism used in financial institutions to manage credit risk. The counter cyclical provisioning buffer is a reserve that banks are required to maintain during periods of economic growth. It is designed to absorb losses during economic downturns and ensure that banks have sufficient capital to cover potential loan defaults. This buffer helps to stabilize the financial system and prevent excessive lending during boom periods.

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  • 13. 

    India allows more duty free garments imports from ____________?

    • A.

      Nepal

    • B.

      Bhutan

    • C.

      China

    • D.

      Bangaladesh

    Correct Answer
    D. Bangaladesh
    Explanation
    India allows more duty free garments imports from Bangladesh. This is because India and Bangladesh have a bilateral trade agreement called the South Asian Free Trade Area (SAFTA), which allows for duty-free trade of certain goods, including garments, between the two countries. This agreement aims to promote economic cooperation and integration among the South Asian countries.

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  • 14. 

    Which is banking Term__________?

    • A.

      Credit

    • B.

      Boleman's constant

    • C.

      Thomson effect

    • D.

      Deflection ratio

    Correct Answer
    A. Credit
    Explanation
    The correct answer is "Credit." Credit is a banking term that refers to the ability of a customer to obtain goods or services before making payment, based on the trust that payment will be made in the future. This term is commonly used in the context of loans, credit cards, and other financial transactions.

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  • 15. 

    Govt banned merchant bankers managing Public sector disinvestment flats from simultaneous handling offers pvt sector company in the same sector. Bcos?

    • A.

      Such simultaneous floats would conflict of interest that could affect disinvestment.

    • B.

      Such simultaneous floats never effect the disinvestment

    • C.

      A and B

    • D.

      None of these

    Correct Answer
    D. None of these
  • 16. 

    Based on recent trade talks, India Likely to purchase Crude oil from ____________?

    • A.

      Brunei

    • B.

      Kuwait

    • C.

      Libiya

    • D.

      Afghanistan

    Correct Answer
    B. Kuwait
    Explanation
    India is likely to purchase crude oil from Kuwait based on recent trade talks. Kuwait is one of the major oil-producing countries and has a long-standing trade relationship with India. India is one of the largest importers of crude oil, and Kuwait is a reliable supplier. The two countries have a history of collaboration in the oil sector, and it is expected that India will continue to rely on Kuwait for its crude oil needs.

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  • 17. 

    PSLV-C-16 Launched with Indian RESOURCESAT, Indo-Russain YOUTHSAT and Singapore's first Satellite_______ from india

    • A.

      Y-SAT

    • B.

      X-SAT

    • C.

      Z-SAT

    • D.

      S-SAT

    Correct Answer
    B. X-SAT
    Explanation
    The given question is asking for the name of the Singaporean satellite that was launched along with Indian RESOURCESAT and Indo-Russian YOUTHSAT on the PSLV-C-16 mission. The correct answer is X-SAT.

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  • 18. 

    _____________ Won Pulitzer price for the book "The emperor of all Maldives: A Cancer story"

    • A.

      Pranab Mukerjee

    • B.

      Siddhardha Mukerjee

    • C.

      Rani Mukerjee

    • D.

      Sharma Mukerjee

    Correct Answer
    B. Siddhardha Mukerjee
    Explanation
    Siddhartha Mukherjee won the Pulitzer Prize for his book "The Emperor of All Maladies: A Biography of Cancer." The book is a comprehensive and deeply researched exploration of the history, science, and treatment of cancer. Siddhartha Mukherjee's work has been widely acclaimed for its clarity, insight, and ability to make complex medical concepts accessible to a general audience. His book has made a significant impact in raising awareness about cancer and its impact on individuals and society.

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  • 19. 

    __________ named wisden’s leading cricketer for 2010

    • A.

      Yuvaraj singh

    • B.

      M.S. Dhoni

    • C.

      S. Ganguly

    • D.

      Sachin Tendulkar

    Correct Answer
    D. Sachin Tendulkar
    Explanation
    Sachin Tendulkar was named Wisden's leading cricketer for 2010. This means that according to Wisden, a prestigious cricket publication, Tendulkar was considered the best cricketer of the year 2010. This recognition is a testament to Tendulkar's exceptional performance and contribution to the sport during that year.

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  • 20. 

    BRICS summit held at ________?

    • A.

      Sanya, China

    • B.

      Hanoi, Vitenam

    • C.

      Xilizong, China

    • D.

      Havana, South Africe

    Correct Answer
    A. Sanya, China
    Explanation
    The correct answer is Sanya, China. The BRICS summit is an annual event where the leaders of Brazil, Russia, India, China, and South Africa come together to discuss various economic, political, and social issues. In 2011, the summit was held in Sanya, China. This location was chosen to provide a platform for these emerging economies to strengthen their cooperation and collaboration in order to promote economic growth and development.

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  • 21. 

    Alok Kumar related to _________?

    • A.

      Golf

    • B.

      Dancer

    • C.

      Billiards

    • D.

      Author

    Correct Answer
    C. Billiards
    Explanation
    Alok Kumar is related to billiards.

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  • 22. 

    Mr. Johmn Scheider Ammann Pacts with india's Double taxtiion avoidance Agreements. He lauds for the Excellent Co-operation from the indian government. Then, whos is Mr. Johmn Scheider Ammann?

    • A.

      External minister of Virgin islands

    • B.

      Foreign minister of Norway

    • C.

      Home affairs Minister of Sweden

    • D.

      Federal Councilor for Economic Affairs of Swiss

    Correct Answer
    D. Federal Councilor for Economic Affairs of Swiss
    Explanation
    Mr. Johmn Scheider Ammann is the Federal Councilor for Economic Affairs of Swiss. This is evident from the fact that he is mentioned as the person who pacts with India's Double Taxation Avoidance Agreements and lauds the excellent cooperation from the Indian government. As the Federal Councilor for Economic Affairs, he would be responsible for handling economic matters and negotiations with other countries.

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  • 23. 

    Sania Mirza and her counter _________  win second WTA title, recently?

    • A.

      Li-na

    • B.

      Wownicka

    • C.

      Vesnina

    • D.

      Nancy Antherton

    Correct Answer
    C. Vesnina
    Explanation
    Sania Mirza and her counter Vesnina won their second WTA title recently.

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  • 24. 

    World Spice Org. to open head-office at _______________?

    • A.

      Palakad

    • B.

      Thiruvandram

    • C.

      Cochin

    • D.

      Kallakad

    Correct Answer
    C. Cochin
    Explanation
    World Spice Org. has decided to open its head-office in Cochin. This decision could be based on various factors such as the availability of resources, infrastructure, market potential, and strategic location. Cochin is a major port city in Kerala, India, known for its commercial importance and well-developed facilities. It could offer World Spice Org. access to transportation networks, a skilled workforce, and a vibrant business environment. Additionally, Cochin's proximity to spice-producing regions in Kerala may also be a contributing factor in the organization's decision to establish its head-office there.

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  • 25. 

    Coins of 25p will be withdrawn from

    • A.

      June 29th

    • B.

      June 30th

    • C.

      June 28

    • D.

      July 1st

    Correct Answer
    A. June 29th
  • 26. 

    According to 3rd Advance estimates, Food grain production would reach to ___________)

    • A.

      265 Mill. T

    • B.

      225 Mill. T

    • C.

      245.98 Mill T

    • D.

      235.88 Mill. T

    Correct Answer
    D. 235.88 Mill. T
    Explanation
    According to the 3rd Advance estimates, the projected food grain production is expected to reach 235.88 million tonnes.

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  • 27. 

    MSME infuses worth of _______. through Khadi and village industries commission to rebat the old claims.

    • A.

      160 Cr.

    • B.

      182 Cr.

    • C.

      185 Cr

    • D.

      100 Cr.

    Correct Answer
    B. 182 Cr.
    Explanation
    The correct answer is 182 Cr. This suggests that MSME (Micro, Small, and Medium Enterprises) has invested a total of 182 Cr. through the Khadi and Village Industries Commission to rebate old claims.

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  • 28. 

    Maxi. amount of services tax for foreign exchange transaction is been capped to _________?

    • A.

      Rs. 5000

    • B.

      Rs. 50,000

    • C.

      Rs. 25,000

    • D.

      Rs. 10,000

    Correct Answer
    A. Rs. 5000
    Explanation
    The maximum amount of services tax for foreign exchange transactions has been capped at Rs. 5000.

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  • 29. 

    Mini. amount of services tax for foreign exchange transaction is been capped to _____________?

    • A.

      Rs. 10

    • B.

      Rs. 15

    • C.

      Rs. 25

    • D.

      Rs. 50

    Correct Answer
    C. Rs. 25
    Explanation
    The minimum amount of service tax for foreign exchange transactions has been capped at Rs. 25. This means that regardless of the value of the transaction, the service tax charged cannot be less than Rs. 25.

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  • 30. 

    Vedenta group got Nod from sebi to acquire ___________ stake from cairn group of india.

    • A.

      47pc

    • B.

      55pc

    • C.

      49pc

    • D.

      51pc

    Correct Answer
    D. 51pc
    Explanation
    Vedanta Group received approval from SEBI to acquire a 51% stake from Cairn Group of India. This means that Vedanta Group has been given permission to purchase a majority share of 51% from Cairn Group. This acquisition will give Vedanta Group a controlling interest in Cairn Group of India.

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