Home > Current Affairs > Banking and Economy Current Affairs Quiz - May 2013
1. A special committee suggested creation of a new GIRO Based Indian Bill Payments System (IBPS) to be enacted for a new and better bill payments system with more facilities for citizens. GIRO Stands for ?
2. According to recent reports, every Indian had an average foreign debt of Rs. 11517 in FY 2010 - 11 and increased to Rs. 14692 in FY 2011 - 12. It showed an Increase of ?
3. All bank Accounts are to be soon linked to which Unique Number in order to Connect LPG Gas Subsidy to direct Cash Transfer Scheme ?
4. Which Central PSE (Public Sector Enterprise) Recently become India's largest company in terms of market capitalization ?
5. Government decided to Change criteria in NRLM (National Rural Livelihoods Mission) to include loans to women SHGs at less Interest Rate of 7% to empower women and make them more self- dependent. SHG Stands for ?
6. India's Average GDP Growth Rate for Financial Year 2012 - 13 stayed at lowest in a Decade. Its Value was ___ ?
7. India's State Bank of India (SBI) recently signed an agreement with Bank Banco Bilbao Vizcaya Argentaria (BBVA) to support business operations of clients of both banks. BBVA Bank Belongs to which Country ?
8. Government recently increased OBC Creamy Layer Income Limit from 4.5 Lakh To What Amount now ?
9. RBI (Reserve Bank of India) banned import of Which Commodity keeping in view the increasing pressure on Rupee against international currencies specially US Dollar ?
10. Retirement fund body EPFO is to pay an interest rate of What percent on provident fund deposits for 2013-14 to its over five crore subscribers ?
11. SEBI (Securities and Exchange Board of India) has approved country's first in house funded telecom/IT start up fund of $10 million that could go up to $20 million. What is the name of the Fund ?
12. SEBI (Securities and Exchange Board of India) recently set up what amount as threshold of Min Net worth for insurance companies to open branches in foreign companies ?
13. The Cabinet Committee on Economic Affairs (CCEA) recently approved setting up of a Central Public Sector Enterprises (CPSE) ETF that will act like a share basket of various CPSEs in stock Market. ETF Stands for ?
14. Government recently approved a huge Rs. 10500 Crore FDI (Foreign Direct Investment) proposal of Furniture Firm IKEA. IKEA belongs to which Country ?
15. World Bank has approved a loan of $ 100 million for Which Indian Bank for implementation of a low-income housing programme ?
Score = Correct answers: