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Banking and Economy Current Affairs Quiz - July 2013

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1. EPFO decided to keep interest rate on PF at what percent in 2013-14 ?

8.5%
9%
9.5%
None Of These


2. Government allotted 50 Lac Tons of Food grains to be distributed to BPL Families in 2013 - 14. BPL stands for ?

Below Poverty Line
Below Power Line
Border Power Line
None of these

3. Government approved amendments in SEBI act and empowered SEBI to keep track of all account activities of investors and companies in case of any doubt regarding unfair practices, SEBI stands for ?

Securities and Efficiency Board of India
Securities and Exchange Below of India
Scrutnies and Exchange Board of India
none of these


4. Government approved the Modified IIUS Schemes during the 12th Five Year Plan period ending March 2017 to enhance the industry's competitiveness, IIUS stands for ?

Industrial Infrastructure Upgradation Scheme
Industrial Insurance Upgradation Scheme
Initial Insuranre Upper Scheme
none of these


5. Government decided to simplify Service tax refund norms for SEZs to enhance export and employment opportunities in SEZs, SEZs stands for ?

Special Electric Zones
Special Economic Zones
Secure Electric Zones
None Of These


6. Government increased Import Duty on Sugar to 15 % from ____% initially ?

11 %
10 %
9 %
8 %


7.Government notified a list of 158 products from engineering and electronics to be included in FPS to give a boost to exports as these products will be entitled for 2 per cent duty credit, FPS stands for ?

Focus Provide Source
Focus product Source
Focus product scheme
None Of These


8.Government started to stop functioning of DRDA till April 2014 that oversees the implementation of anti-poverty programs of the Ministry of Rural Development at the district Level, DRDA stands for ?

District Rural Decoration Agencies
District Rural Development Agencies
District Rural Deregulation Agencies
None of these


9. Who is present IT and Communications Minister who issued the National Cyber Security Policy 2013 ?

Sharad Pawar
Pawan Bansal
Kapil Sibbal
none of these


10. Mission Steering Group approved increase in the monthly stipend amount of Anganwadi Workers of Mini Anganwadi Centers from Rs. 1500- to Rs.____ ?

2260
2250
2450
None of these


11. SEBI has tightened the norms for currency derivatives that allow traders and investors to take forward views on various currency pairs, SEBI stands for ?

Securities and Efficiency Board of India
Scrutnies and Exchange Board of India
Securities and Exchange Board of India
none of these


12. UNCTAD recent world investment report 2013 ranked India as third most preferred investment destination across world, UNCTAD stands for ?

United National Consume on Trade and Development
United Nations Conference on Trade and Development
United National Consume on Tour and Develop
None of these

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