May 13, 2013

Current Affairs question asked in LIC AAO

1. Jacob Zuma is president of -

South Africa

2.Full form of AML - Anti-Money Laundering

3.'E' in EMI -

4.Which of the following Insurance comp. is headquartered in Mumbai -

GIC

5. Kalidas Samman is given in -

6.Basic banking facilities are targeted at - Low income group people ( other options were salaried person,gevernment employee, students)

7.what is done by Reverse Repo Rate - Absorb liquidity

8. To absorb liquidity from the banking system -

CRR is increased (Quite obvious)

9.Regulator of Financial Holding Companies -

RBI

10. Security of Public banks deposits is taken by -

government

11. Ten rupee note carry signature of -

Governor RBI

12.Amount of money to be printed is decided by -

RBI
13.At what rate you will get foreign currency from banks -

Exchange Rate

14.Tax paid on production of goods in states -

Excise Duty

15.Full Form of IT -

Information Technology

16.Which is not related to insurance- catalyst (Other options premium, claims, maturity etc)

17. Full form of SHG -

Self Helf Groups

18. Francois Hollande visited India recently belongs to which country -

France

19. Basel Committee is headquartered in -

Switzerland

20. Full form of FDI -

Foreign Direct Investment

21.Pakistan recently signed a nuclear deal with -

China

22.IMF Functions related

23.Regional Rural Banks are -

Options- cooperative banks, scheduled commercial banks, development banks, other)

24.Regulatory body over capital markets -

SEBI

25. New constitution adopted through referendum in which country -

Zimbabwe

26. regulatory body of capital market

sebi

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