1. SEBI allowed 123 entities to set up AIFs. What does AIF stands for?
(a) Additional Investment Fund
(b) Alternative Industrial Fund
(c) Alternative Investment Fund
(d) Additional Investment Fund
(e) Alternative Infrastructure Fund




2. Future Group tied up with which Bank to set up a Co-branded Credit Card named “Style-Up”?
(a) Axis Bank
(b) Canara Bank
(c) HSBC Bank
(d) HDFC Bank
(e) State Bank of India




3. Union Government constituted high level committee under the chairmanship of Ashok Lahiri for what purpose?
(a) To Examine NRI Banking Activity
(b) To Reevaluate and report Black Money
(c) To examine and report the sick Industries
(d) To interact with trade and industry on capital related issues
(e) To interact with trade and industry on tax related issues




4.  RBI issued guidelines to set up TReDs trading platform for MSME. What does TReDs stands for?
(a) Trade e-Discount System
(b) Trade Receivables Deficit System
(c) Trading Receivables and Discounting System
(d) Trade Receivables Discounting System
(e) Trade Reevaluating Discounting System





5. As per RBI guidelines, What is the Minimum Paid-Up Capital for setting up TReDs?
(a) Rs. 100 Crore
(b) Rs. 75 Crore
(c) Rs. 50 Crore
(d) Rs. 35 Crore
(e) Rs. 25 Crore




6. Which is an example of Prepaid Payment Instruments?
(a) Magnetic Stripe Cards
(b) Smart Cards
(c) Mobile Wallets
(d) Paper Vouchers
(e) All of these




7. Subhramanian Committee recently suggested -
(a) Relaunching of Kisan Vikas Patra
(b) Extension of Pre-2005 Notes Last Date of Submission
(c) Creation of Postal Bank of India
(d) Increment of FDI in Insurance to 49%
(e) All of the above




8. Recently, RBI increased business hours of RTGS from ____ to 12 hours.
(a) 7 Hours 30 Minutes
(b) 10 Hours
(c) 10 Hours 30 Minutes
(d) 7 Hours
(e) 8 Hours 30 Minutes




9. RBI imposed fines on ICICI Bank and Bank of Baroda for violating KYC and AML Norms. ICICI Bank was fined 5 million rupees. How much fine was imposed on Bank of Baroda?
(a) Rs.5 Million
(b) Rs.7 Million
(c) Rs.1 Million
(d) Rs.2.5 Million
(e) Rs.3.5 Million




10. RBI licensed which organization to operate as an NBFC?
(a) Forbes Credit India
(b) BMW Financial Services
(c) TransUnion
(d) Fitch Group India
(e) Ford Credit India




11. Who was the chief guest of International Film Festival of India?
(a) Rajnikanth
(b) Wong Kar-wai
(c) Pranab Mukherjee
(d) Amitabh Bachchan
(e) Narendra Modi




12. Along with Frieda Pinto, which Bollywood actress launched the “Girl Rising” campaign?
(a) Priyanka Chopra
(b) Vidya Balan
(c) Jacqueline Fernandez
(d) Deepika Padukone
(e) Anushka Sharma



13. International Anti-Corruption Day is celebrated on ____.
(a) 12 November
(b) 12 December
(c) 10 December
(d) 9 December
(e) 18 December



14. RC Laloo Committee is constituted by Meghalaya State Government to -
(a) speed up the process of getting the Garo Language included in the 8th Schedule of Constitution.
(b) speed up the process of getting the Khasi Language included in the 8th Schedule of Constitution.
(c) recommend the Garo Language to be included in the 8th Schedule of Constitution.
(d) recommend the Khasi Language to be included in the 8th Schedule of Constitution.
(e) recommend both the Garo & Khasi Language to be included in the 8th Schedule of Constitution.




15. Andhra Pradesh signed a MoU with which country for the development of its capital?
(a) Malaysia
(b) China
(c) Singapore
(d) Japan
(e) South Korea



16. Union Government decriminalized Attempt to Suicide by removing which Section of Indian Penal Code?
(a) 307
(b) 309
(c) 380
(d) 389
(e) None of these



17. Which Indian Personality was awarded Swiss Ambassador’s Award?
(a) Ratan Tata
(b) Azim Premji
(c) Narendra Modi
(d) Amitabh Bachchan
(e) Kailash Satyarthi



18. As per US based think tank, IntelCenter, what is the rank of Pakistan in Country Threat Index?
(a) 2nd
(b) 3rd
(c) 5th
(d) 12th
(e) 8th



19. International Fund for Agricultural Development is headquartered in _______.
(a) Rome, Italy
(b) Berlin, Germany
(c) Brisbane, Australia
(d) Vienna, Austria
(e) Montreal, Canada



20. As per World Wide Web’s The Web Index 2014, What is India’s rank?
(a) 8th
(b) 42nd
(c) 58th
(d) 48th
(e) 62nd



21. Khurram Khan is related to which sport?
(a) Football
(b) Hockey
(c) Snooker
(d) Golf
(e) None of these



22. Miu Hirano and Mima Ito became the youngest Table Tennis Champion. Which do they belong?
(a) South Korea
(b) Indonesia
(c) Malaysia
(d) Japan
(e) China



23. Steeve Guénot was banned on doping charges. Which sport and country does he represent?
(a) Weightlifting, Italy
(b) Wrestling, Serbia
(c) Boxing, Russia
(d) Wrestling, France
(e) Weightlifting, France



24. 2016 Summer Paralympics will be held in Brazil. What is the name of the Mascot?
(a) Tim
(b) Vinicious
(c) Tom
(d) Voeraux
(e) Pico



25. Shiva Keshavan is related to which sport?
(a) Curling
(b) Rowing
(c) Snooker
(d) Luge
(e) Fencing






Note: More Sets are coming on 22nd January, 2015. Keep checking Our website. We will be updating Quiz especially for SBI Associates Clerk. We are NOT providing the Magazine instead of that, We are giving Current Affairs Quiz for SBI Associates Clerk 2015.