Banking and Economy Current Affairs Quiz - November 2014

1. Which Indian IT Company has achieved Rs 5 lakh crore mark in market capitalization, becoming the second most valuable IT services company in the world behind US's IBM ?

2. Which Private Sector Firm bought Avantha Group's Korba West Power of 600 MW unit for 4200 crore rupees and became largest private sector power utility of India with total capacity of 11040 MW ?

3. Which Indian State signed a memorandum of understanding (MoU) with Ministry of Economy, Trade and Industry of Japan (METI) to promote Foreign Direct Investment (FDI) that state ?

4. Consumer-Price Index (CPI) based inflation rate was ___ in October 2014, lowest since Feb 2012 ?

5. GDP Growth rate in Second Quarter (July - Sep 2014) came down to ___ which is less than 5.7% in the first Quarter ?

6. Global rating agency Standard & Poor lowered credit rating of Which Indian Government Owned Bank to speculative grade and its risk position was changed to weak from moderate ?

7. Government decided to reduce Equity holding in Public Sector Banks to ____ to bring 90000 Crore Rupees that will be used to feed Government banks and make their liquidity situation better ?

8. ___ became first listed Indian company in 30 Financial firms to have more than 75 percent shareholding by FIIs.?

9. __ launched new e-mail application Verse aiming to replace Microsoft's email application Outlook ?

10. India with 20 other countries signed to become founding members of China backed $100 Billion AIIB for infrastructure development in Asia and reduce dependence on World Bank and IMF. It Stands for ?

11. Indian Renewable Energy Development Agency Ltd ( IREDA) signed a Memorandum of Understanding (MoU) for cooperation on clean energy investment with Exim Bank of ____ ?

12. Japan's telecommunications firm Softbank announced Investing $627 Miillion (Rs. 3763 Crores) in Indian Online Retailer ____.?

13. Which Bank became first in India to fully own a General insurance business ?

14. Government released Commemorative Postage Stamp on Golden Jubilee (50th Anniversary) of which of these Financial Institutions ?

15. Morgan Stanley predicted ___ % GDP Growth Rate for India in 2015-2016.?

16. NCAER Predicted 5.7% GDP Growth rate for India in 2014-15. It Stands for ?

17. OECD raised India growth forecast to 6.6 % for 2015 - 2016 from 5.7% Projected Earlier.OECD Stands for ?

18. Which Bank decided not to put limit on number of free ATMs transactions for its saving account customers after RBI recently allowed banks to put cap of 3 free Transactions on Other ATMs and 5 free Transactions of their Own ATMs ?

19. RBI decided to sell government securities worth Rs ___ crore through open market operations (OMO) to seize excess liquidity from market ?

20. RBI eased gold imports and scrapped __ scheme to cut smuggling of gold and raise legal imports ?

21. What is the minimum capital for payments banks as set by RBI in its released Guidelines for Licensing of Small Finance Banks and Payment Banks ?

22. Securities Exchange Board of India (SEBI) de-recognised which of these (DSE) due to irregularities in functioning ?

23. Which Bank launched Shariah Equity Fund to attract investments by Muslim community in India ?

24. Which of these countries agreed to join Vibrant Gujarat Global Investor Summit 2015 as a new partner country for the first time along with seven other partner countries as UK, Netherlands, Canada, Australia, Singapore, South Africa and Japan ?

25. World Economic Forum Created Gender Gap Report 2014 on the basis of participation of women in administrative activities. India was ranked at __ Position in 142 Countries with Iceland at top ?

26. World bank issued recently issued a report related to Ease of Trade and ranked India at __ Position in total 189 Countries with Singapore at top ?