Hello and welcome to ExamPundit. You all are familiar with our Expected Questions series. In the past few months, our Expected Questions have been fruitful for all. So here we are kicking off Expected Questions Series for SBI PO 2015-16.


We will be giving expected questions on every current affairs topics throughout the period.

1. Union Government recently exempted MAT for which investors?
– Foreign Investors



2. Which Tax was recently exempted for foreign investors?
– MAT



3. Union finance Ministry recently exempted MAT for foreign investors. What does MAT stands for?
– Minimum Alternate Tax



4. Which two sectors are excluded from Minimum Alternate Tax or MAT?
– Power and Infrastructure Sector



5. Future Group recently announced their retail business will merge with ___________.
– Bharti Retail



6. Chuck Robbins is the newly appointed CEO of which company?
– Cisco



7. Recently, Government announced Permanent Account Number(PAN) mandatory for which registration purpose?
– Central Excise Registration



8. Union Government recently launched Credit Enhancement Guarantee Scheme for __________.
– Scheduled Castes



9. The Govt. launched Credit Enhancement Guarantee Scheme for Scheduled Castes will be implemented by which organisation?
– Industrial Finance Corporation of India (IFCI) Ltd



10. Bengaluru–based mobile app development company Native5 was recently acquired by which e–commerce company?
– Myntra



11. RBI recently introduced Red Flagged Account concept for banks to check _________.
– Loan Frauds



12. Which bank recently launched RuPay Platinum Debit Card in association with NPCI?
– State Bank of India



13. SBI’s newly launched RuPay Platinum Debit Card has an accidental insurance cover of ___________.
– Rs 2 Lakhs



13. Union Government recently signed a loan agreement of $31mn with which financial institute?
– Asian Development Bank



14. Union Government and ADB signed a loan agreement of $31mn for which purpose?
– Boost water availability in selected river basins in Karnataka and ensure improved water efficiency in irrigation.



15. In 2015 Forbes ‘Global 2000’ list how many companies did India have?
– 56


16. In 2015 Forbes ‘Global 2000’ list, which company led the list of companies in India?
– Reliance Industries of Mukesh Ambani



17. Which country topped the list of 2015 Forbes ‘Global 2000’?
– USA



18. Which Indian financial company was featured in the world’s top 10 list of consumer finance firms?
– HDFC



19. What was the rank of HDFC in world’s top 10 list of consumer finance firms?
– 7th



20. The world’s top 10 list of consumer finance firms which featured HDFC was prepared by __________.
– Forbes



21. Which state government along with SIDBI recently set up Rs. 200–cr fund for MSMEs?
– Maharashtra Government



22. Who was appointed as the President of New Development Bank of BRICS?
– KV Kamath



23. KV Kamath was recently appointed as the ____________ of New Development Bank.
– President



24. Name the first woman chairperson of American Chamber of Commerce in India.
– Vanitha Narayanan



25. Which Indian telecom company recently tied up with China Telecom Global?
– Tata Communications



26. To further boost the quality of customer service RBI recently notified the Public Sector Banks to appoint _______________.
– Internal Ombudsman



27. The newly advised Internal Ombudsman of Public Sector Banks will be designated as __________.
– Chief Customer Service Officer



28. The theme of this year’s RBI report was Fiscal Consolidation: Assessment and Medium Term Prospects. What does Fiscal Consolidation refers to?
– The policies undertaken by Governments to reduce their deficits.



29. Name the recently appointed Syndicate Bank MD & CEO.
– Arun Shrivastava



30. Indian Army signed MoU on Defence Salary Package with which bank?
– Bank of India



31. As per the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill 2015, undisclosed foreign income or assets shall be taxed at the flat rate of ___________.
– 30 Per Cent



32. India Post recently launched Dedicated E–Commerce Centre in which city?
– New Delhi



33. To look into the issue of Minimum Alternate Tax (MAT) on Foreign Institutional Investors (FIIs), the Govt recently appointed a committee under the chairmanship of _________.
– Justice AP Shah



34. Justice AP Shah Committee was recently constituted to –
– look into the issue of Minimum Alternate Tax (MAT) on Foreign Institutional Investors (FIIs)



35. RBI recently relaxed 2–factor authentication for payments via Tap and Pay upto _______.
– 2000 Rupees.


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