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ISBT Awareness for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Q1251.
What was the income criterion for "Super-Rich" individuals and Hindu Undivided Families (HUFs), as proposed in the draft of the Direct Taxes Code (DTC) released by the Finance Ministry ?
1) Annual Income of Over Rs. 50 crore 2) Annual Income of Over Rs. 30 crore
3) Annual Income of Over Rs. 25 crore 4) Annual Income of Over Rs. 10 crore
5)None of these
Answer : Annual Income of Over Rs. 10 crore
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Q1252.
Which state was ranked as the poorest state in the new poverty estimates that were disclosed in a report by a panel led by C. Rangarajan during 2014 ?
1) Jharkhand 2) Bihar
3) Chhattisgarh 4) Orissa
5)None of these
Answer : Chhattisgarh
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Q1253.
What is the new name of MCX Stock Exchange (MCX-SX) that was approved by SEBI during September 2014 ?
1) Metro-Syndicate Stock Exchange of India 2) Metro-Alliance Stock Exchange of India
3) Metropolitan Stock Exchange of India 4) Metropolis Stock Exchange of India
5)None of these
Answer : Metropolitan Stock Exchange of India
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Q1254.

Who headed the RBI-constituted committee to examine the recommendations of Financial Sector Legislative Reforms Commission (FSLRC)?

1) G. Gopalakrishna 2) Nachiket Mor
3) Parthasarathy Shome 4) K.C. Chakravarthy
5)None of these
Answer : G. Gopalakrishna
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Q1255.

The apex bank , RBI's guidelines pertaining to levying of penal charges for non-maintenance of minimum balance in bank accounts are coming into effect from which date ?

1) 1 January 2015 2) 1 April 2015
3) 1 April 2016 4) 1 January 2016
5)None of these
Answer : 1 April 2015
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Q1256.
The market regulator SEBI now has the power to act against ponzi schemes, illegal deposit schemes and assess call data records in securities-related offences for schemes with public deposit valuing –

1) over Rs. 100 crore 2) over Rs. 200 core
3) over Rs. 500 crore 4) over Rs. 1,000 crore
5)None of these
Answer : over Rs. 100 crore
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Q1257.
A scientific way of measuring, monitoring and managing the various risks that banks or financial institutions are exposed during the course of their operations is called ........
1) Asset Liability Management 2) Public Rating
3) Asset Classification 4) Asset Securitisation
5)Liability Classification
Answer : Asset Securitisation
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Q1258.
SEBI issued draft regulations for infrastructure investment trusts. As per it the trusts can raise money either through a public issue or a private placement, with a minimum issue size of ........

1) Rs.50 crore 2) Rs.100 crore
3) Rs.300 crore 4) Rs. 250 crore
5)None of these
Answer : Rs. 250 crore
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Q1259.
The Foreign Investment Promotion Board (FIPB) is a government body. Who is the Chairman of FIPB ?
1) Secretary, Department of Economic Affairs 2) Secretary, Department of Industrial Policy and Promotion
3) Secretary, Department of Commerce 4) Secretary, Ministry of External Affairs
5)None of these
Answer : Secretary, Department of Economic Affairs
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Q1260.
Reserve Bank of India has recently agreed for a $1.5-billion currency swap agreement with which country's central bank to help the island nation keep its currency stable ?

1) Sri Lankan 2) Maldives
3) Mauritius 4) Phillipines
5)None of these
Answer : Sri Lankan
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