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- Question
IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?
Options- A. Union Bank of India
- B. IDBI Bank
- C. United Bank of India
- D. Indian Bank
- Correct Answer
- IDBI Bank
ExplanationLife Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.
- 1. A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?
Options- A. Chit Funds
- B. Shell companies
- C. Nidhi Companies
- D. Indigenous Bankers Discuss
- 2. Indira Sagar dam is located in which Indian State/City?
Options- A. Chhattisgarh
- B. Gujarat
- C. Maharashtra
- D. Madhya Pradesh Discuss
- 3. Assumption island is located in which country?
Options- A. Seychelles
- B. Maldives
- C. Mauritius
- D. Sri Lanka Discuss
- 4. Which institute launches Bharat Inclusive Initiative?
Options- A. IIT Bombay
- B. IIM Ahmedabad
- C. IIT Kharagpur
- D. IIM Calcutta Discuss
- 5. CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO?
Options- A. Clearing
- B. Culminative
- C. Collateralized
- D. Credit Discuss
- 6. Which of the following committees has been constituted by Insurance Regulatory and Development Authority (IRDAI) to review regulations governing the Insurance Marketing Firms (IMF)?
Options- A. Balwant Rai Mehta Committee
- B. Veerappa Moily Committee
- C. Ashok Chavan Committee
- D. Sachar Committee Discuss
- 7. What is the name of country whose capital is Lusaka and currency is Kwacha?
Options- A. Yemen
- B. Uganda
- C. Zambia
- D. Somalia Discuss
- 8. In which of the following states is the Dudhwa National Park located?
Options- A. Arunachal Pradesh
- B. Madhya Pradesh
- C. Uttar Pradesh
- D. Andhra Pradesh Discuss
- 9. Hirakud dam is located in which of the following states?
Options- A. Jharkhand
- B. Chhattisgarh
- C. Odisha
- D. West Bengal Discuss
- 10. In which one of the following States, Patratu Thermal Power Plant is proposed to be set up?
Options- A. Madhya Pradesh
- B. Bihar
- C. Jharkhand
- D. West Bengal Discuss
Basic General Knowledge problems
Search Results
Correct Answer: Shell companies
Explanation:
A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.
Correct Answer: Madhya Pradesh
Explanation:
Indira Sagar dam is located in Madhya Pradesh.
Correct Answer: Seychelles
Explanation:
Assumption Island is located in Seychelles. Assumption Island is a small island situated southwest of Seychelles main and largest island of Mahe. It is situated very close to the Mozambique Channel from where much Indian Ocean maritime routes pass. Its location lends its strategic importance for monitoring shipping in the Mozambique Channel.
Correct Answer: IIM Ahmedabad
Explanation:
IIM Ahmedabad launches Bharat Inclusive Initiative.
IIM-Ahmedabad?s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched a Bharat Inclusion Initiative to build knowledge and foster innovation and entrepreneurial activity across areas such as financial inclusion, livelihood, education and
health. Centre for Innovation Incubation and Entrepreneurship (CIIE) at IIM Ahmedabad helps entrepreneurs turn ideas into viable businesses.
Correct Answer: Collateralized
Explanation:
CBLO stands for Collateralized Borrowing and Lending Obligation. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the
terms and conditions of a loan. So, C stands for Collateralized.
Correct Answer: Sachar Committee
Explanation:
The Insurance Regulatory and Development Authority (IRDAI) has set up a 10-member committee headed by Suresh Mathur (ED-IMF, IRDAI) to review norms related to Insurance
Marketing Firms (IMF) with an aim to increase insurance penetration in the country.
Correct Answer: Zambia
Explanation:
The Republic of Zambia is a landlocked country in Southern Africa. The capital city is Lusaka and currency is Kwacha.
Correct Answer: Uttar Pradesh
Explanation:
The Dudhwa National Park is a national park in the Terai of Uttar Pradesh, India. It is part of the Dudhwa Tiger Reserve.
Correct Answer: Odisha
Explanation:
Hirakud dam is located in Odisha on Mahanadi.
Correct Answer: Jharkhand
Explanation:
Patratu Thermal Power Station is a coal-based thermal power plant located near Patratu town in Ramgarh district in the Indian state of Jharkhand. The power plant is operated by the Jharkhand State Electricity Board. It has an installed capacity of 840 MW. The generating units of the power plant are very old and are operating at around 10% PLF, generating about 110 MW per day.
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