Banking and Economy Current Affairs Quiz - Febuary 2014

1. Which Mobile Company announced to accquire Mumbai Based Loop Mobile for Rs. 700 Crores ?

2. Which Indian Telecom conpany crossed the 20 Crore subscribers Mark in India ?

3. Which Bank Group decided to rule out its decision of setting up a Subsidiary in India ?

4. Government decided to keep Foreign Investment in Banks (FDI, FII & NRI) capped at ___ ?

5. Government signed a $125.2 Millin Pact with which international financial agency for improvement of roads across the North Eastern States ?

6. Government Govt is planning to launch a DTH Scheme to send Wages and Other Entitlements directly to beneficiaries across the country ?

7. IMF predicted Indian GDP to grow at a rate of 5.4 % during FY 2014 - 15. IMF Stands for ?

8. Which Compnay decided to stop Manufacturing of Personal Computers ?

9. Import Tariff value on Gold per 10 Grams has been raised to (in USD)?

10. To curb Black Money, RBI Decided to move out from circulation all Currency notes produced prior to ____ ?

11. In an step towards better management of the governments borrowings, govt announced the readyness of PDMA Bill, PDMA stands for ___ ?

12. India's Trade Deficit (Import - Export) has narrowed to ____ in Jan 2014 as compared to $10.14 bn in Dec 2013 ?

13. India's per capita income is projected to increase by ___ to Rs. 74,920 in 2013-14 ?

14. In which State Indian Postal Department opened its first ATM ?

15. NABARD (National Bank for Agriculture and Rural Development) has sanctioned loans worth over 19000 Crores under RIDF to states for Agriculture and Allied Activities, RIDF stands for ___ ?

16. RBI Planning to introduce One Billion Notes of Rs.__ on a Trial Basis ?

17. Which Bank has raised Rs 8,032 crore by selling shares through qualified institutional placement, making it the biggest ever equity sale via this route ?

18. The EGoM approved a spectrum usage charge (SUC) of 5 per cent of the annual gross revenue on all the new airwaves acquired in auction, EGoM stands for ___ ?

19. The Insurance Regulatory and Development Authority (IRDA) has set up a 9-member panel to review the 14 non-legislativerecommendations made by the Financial Sector Legislative Reforms Commission (FSLRC) headed by ___ ?

20. The govt has approved Increase in FRP for Sugarcane by Rs. 10 per Quintal for FY 2014 - 15 to Rs. 220 Rupee per Quintal, FRP stands for ___ ?

21. Which Telecom company became the First Telecom Major whose Proposal to increase its stake in the Indian Equity ti 100% was Cleared by CCEA (Cabinet Committee on Economic Affairs) ?

22. Which countrie's Central Bank allowed domestic trading in the Chinese Yuan, Japanese Yen, Australian Dollar and Indian Rupee ?