Wednesday, August 17, 2016

Q1. United India Insurance Company Limited (UIIC) was incorporated as a Company on 18th February 1938. General Insurance Business in India was nationalized in 1972. Where is the headquarter of UIIC?
(a) Kolkata
(b) New Delhi
(c) Mumbai
(d) Pune
(e) Chennai
Extra Info: United India Insurance Company Limited was incorporated as a Company on 18th February 1938. General Insurance Business in India was nationalized in 1972. Officiating Chairman cum Managing Director (CMD)- A Hoda.

Q2. NABARD was set up with an initial capital of 100 crore and to Promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives. Who is the present chairman of NABARD?
(a) UK Sinha
(b) RS Sharma
(c) Raghuram Rajan
(d) H K Bhanwala
(e) None of the above
Extra Info: NABARD was dedicated to the service of the nation by the late Prime Minister Smt. Indira Gandhi on 05 November 1982. NABARD was set up with an initial capital of  100 crore. Consequent to the revision in the composition of share capital between Government of India and RBI, the paid up capital as on 31 March 2015, stood at  5000 crore with Government of India holding  4,980 crore (99.60%) and Reserve Bank of India 20.00 crore (0.40%).

Q3. What is the tagline of United India Insurance Company Limited (UIIC)?
(a) United India, India’s premier general insurance company 
(b) At United India, It's always U before I
(c) A leading Premium sector
(d) Kal par Control
(e) None of the above
Extra Info: Headquarter of United India Insurance Company Limited (UIIC)- Chennai

Q4. Algeria is a North African country with a Mediterranean coastline and a Saharan desert interior. Where is the capital of Algeria?
(a) Juba
(b) Algiers
(c) Nairobi
(d) Yaren District
(e) None of the above
Extra Info: Currency of Algeria- Algerian dinar.

Q5. Rajnath Singh is an Indian politician belonging to the Bharatiya Janata Party who currently serves as the Home Minister of India. His present constituency is?
(a) Lucknow, Uttar Pradesh
(b) Darbhanga, Bihar
(c) Bhopal, Madhya Pradesh
(d) Ghajiabad, Uttar Pradesh
(e) Gurugram, Haryana
Extra Info: In May 2014, Rajnath Singh was elected MP from Lucknow in Uttar Pradesh. On May 26, 2014 Rajnath Singh took oath as the Union Minister of India. Since then he is actively working as the Union Minister for Home Affairs.

Q6. Parimarjan Negi is a __________ grandmaster from India, a former Asian and Indian champion. He achieved the GM title at the age of 13 years and 142 days in 2006.
(a) Chess
(b) Football
(c) Tennis
(d) Badminton
(e) Golf
Extra Info: Parimarjan Negi became the youngest Indian to win the Grandmaster norm in the year 2005. He is also the world's youngest International Master in chess.

Q7. Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous apex statutory body which regulates and develops the insurance industry in India. It was constituted by an act known as Insurance Regulatory and Development Authority Act in?
(a) 1982
(b) 1999
(c) 1990
(d) 1992
(e) None of the above
Extra Info: Chairman of IRDAI- TS Vijayan, Headquartered of IRDAI- Hyderabad

Q8. An insurance _________ is the amount of money that an individual or business must pay for an insurance policy. 
(a) Payee
(b) Discount
(c) Premium
(d) Coverage
(e) None of the above
Extra Info: An insurance premium is the amount of money that an individual or business must pay for an insurance policy. The insurance premium is considered income by the insurance company once it is earned, and also represents a liability in that the insurer must provide coverage for claims being made against the policy.

Q9. The Eiffel Tower is a wrought iron lattice tower on the Champ de Mars in?
(a) New York, USA
(b) London, UK
(c) Berlin, Germany
(d) Paris, France
(e) Moscow, Russia
Extra Info: Originally intended as a temporary installation, the Eiffel Tower has become one of the most enduring symbols of France and the industrial age. When Gustave Eiffel’s company built Paris’ most recognizable monument for the 1889 World’s Fair.

Q10. International Mother Language Day was proclaimed by the General Conference of the United Nations Educational, Scientific and Cultural Organization (UNESCO) and is celebrated on?
(a) April 07  
(b) February 14
(c) March 08
(d) March 22

(e) February 21
Extra Info: International Mother Language Day was proclaimed by the General Conference of the United Nations Educational, Scientific and Cultural Organization (UNESCO) in November 1999. 2016 Theme: Quality education, language(s) of instruction and learning outcomes.

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