1) Convertible Redeemable Preference Shares
2) Consolidation and Restructuring Purpose Shares
3) Convertible Redeemable Physical Shares
4) Consolidation and Restructuring Preference Shares
5) None of the above
Ans: (1)
Source: Indian Express; Delhi Edition Pg.17
Q.2. What is limit of FDI in a single brand retail beyond which FIPB approval is a must?
1) 24%
2) 26%
3) 49%
4) 51%
5) 100% through automatic route
Ans: (3) 100% FDI is allowed in sigle brand retail but if FDI is going beyond 49% FIPB approval is required.
Source: Financial Express; Delhi Edition Pg. 2
Q.3. To provide autonomy India's top 12 major ports, the GOI will soon be replace Major Port Trust Act with _________ Act.
1) Central Port Authorities Act
2) Center Port Authorities Act
3) Central Port Authority Act
4) Center Port Authority Act
5) None of the above
Ans: (1)
Source: Financial Express; Delhi Edition Pg. 2
Q.4. Which of the following will be heading the 'Pay revision panel for PSU Executives'?
1) Justice (Retired) Satish Chhabra
2) Justice (Retired) Satish Chandra
3) Justice (Retired) Satish Chandela
4) Justice (Retired) Satish Chandwani
5) Justice (Retired) Satish Chug
Ans: (2) The decision on the committee report will be in implemented w.e.f. January 01, 2017
Source: Financial Express; Delhi Edition Pg. 3
Q.5. The new insurance product "Title Insurance", proposed by IRDAI will provide insurance cover for:
1) Defective Property Title and Related Issues
2) Piracy of Films with their respective Titles
3) Patent Title Suits
4) 1 & 2
5) None of the above
Ans: (1)
Source: Financial Express; Delhi Edition Pg. 7
Q.6. What is the name of the official ball being used for EURO,2016?
1)Jabulani
2) TeamGeist
3) Tango
4) Beau Jeu
5) Brazuca
Ans: (5)
Source: The Hindu; Delhi Edition Pg. 17
Q.7. Who among the following have been named as Flag Bearer for India in Rio Olympics?
1) Saina Nehwal
2) Vijender Singh
3) Rohan Bopanna
4) Abhinav Bindra
5) None of the above
Ans: (4)
Source: Indian Express; Delhi Edition Pg. 26
Q.8. What is the value of IIP for April 2016?
1) 0.8%
2) -0.8%
3) 3.1%
4) -3.1%
5) None of the above
Ans: (2)
Source: The Economic Times; Lucknow Edition, Pg. 1
Q.9. On which of the following Investor category, SEBI has introduced more strict KYC norms?
1) FDI
2) FII
3) P-Notes
4) QFI
5) FPI
Ans: (3)
Source: Dainik Jagran, New Delhi Edition, Pg. 14
Q.10. At which of the following place, NSG meet is scheduled on June 24 & 25?
1) Vienna
2) Beijing
3) Dublin
4) Astana
5) Seoul
Ans: (5)
Source: The Hindu, New Delhi Edition
