Daily gk Doze : 8th May

1. The New Development Bank (NDB) has chosen which Indian bank for its first tie-up with any bank in India to explore opportunities?

a) HDFC Bank

b) ICICI Bank

c) SBI

d) PNB

e) UCO Bank.................B

2. The SEBI granted in-principle approval to which bank for it to act as custodian of securities (CoS) recently?

a) Federal Bank

b) Bandhan Bank

c) IDFC Bank

d) RBL Bank

e) YES Bank................E

3. The govt has allowed start-ups, set up as LLPs, to be eligible for a three-year tax holiday. The term LLP means

a) Least Liability Partnership

b) Local Liability Partnership

c) Liberal Liability Partnership

d) Limited Liability Partnership

e) None of these.................D

4. From Apr 2016, the IRDA has allowed banks to tie up with _______ insurer(s) in each category of life, non-life and standalone health.

a) one

b) two

c) three

d) five

e) any number of.....................C

5. As informed by the govt to the Rajya Sabha, India currently has ____ operational satellites.

a) 12

b) 17

c) 22

d) 28

e) 34....................E

6. Who was honoured with a special bronze statue by the Switzerland government on 4 May 2016?

a) Rajiv Gandhi

b) Yash Chopra

c) Don Bradman

d) Garry Sobers..................B

7. Which of the following is an insurer promoted by a non-banking company?

a) Future Generali Life

b) Birla Sun Life

c) Reliance Life

d) Bajaj Allianz

e) All the above...................E

8. The govt recently increased the minimum wage for contract workers to __________ per month.

a) Rs 6,000

b) Rs 75,000

c) Rs 9,000

d) Rs 10,000

e) Rs 12,000.................D

9. The P-Notes investment climbed to Rs 2.23 lakh cr in Mar 2016. P-Notes are used to invest in the Indian capital markets through registered FPIs which is short form of

a) Forward Portfolio Investors

b) Foreign Preferential Investors

c) Financial Portfolio Investors

d) Foreign Portfolio Investors

e) None of these...................D

10. Roberto Azevedo is the present head of which of the following international organisations?

a) WHO

b) WTO

c) UNESCO

d) World Bank

e) IMF......................B