IIM - Banking awareness questions on current affairs

1)   As announced in the Union Budget 2015-16, how many Indian Institute of Management (IIM) will set up?

a. 5
b. 5
c. 1
d. 2
Answer  Explanation 

ANSWER: 2

Explanation:
Indian Institute of Management (IIM) in Jammu & Kashmir & Andhra Pradesh is proposed to be set up.

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