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Banking and Economy Current Affairs Quiz - November 2017

Home > Current Affairs > Banking and Economy Current Affairs Quiz - November 2017

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1. _______________launched India’s first-ever micro-insurance plan ‘insurance khata’ for those in informal sector and agricultural labourers with seasonal incomes. It provides flexibility to pay premium in parts depending on periodicity of income, with minimum premium INR 500.

IndiaFirst Life Insurance 
Life Insurance Cororation of India
Sun Life Financial
Aviva Life Insurance
None of These


2. ______________________ received Reserved Bank of India (RBI) approval to operate as Scheduled Commercial Bank, Now, it can do borrowing and lending with RBI under Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF).

Airtel Payments Bank
Ujjivan Small Finance Bank
AU Small Finance Bank
Janalakshmi Financial Services
None of These


3. Air India received loan worth of Rs 1,500 crore from ____________ to meet urgent working capital needs ?

Central Bank of India
UCO Bank
Bank of Baroda
Bank of India
None of These


4. __________ collaborated with hardware accelerator “HAX” and crowd-funding community “Kickstarter” to announce “Startup C-Cube” as a multi-level challenge for startups, to bring companies together to work towards building the product startup ecosystem ?

Microsoft India
Facebook India
Google India
Adobe India
Amazon India


5. ______________ launched a new scheme for self-help groups (SHGs) to encourage entrepreneurship, named Pattabhi Sitaramayya — Self Business Group (PS-SBG). Under this, SHGs having five years of association with Bank and having successfully completed 3 credit rotations with good repayment record, will be eligible for a loan ?

UCO Bank
Oriental Bank of Commerce
Andhra Bank
Bank of Baroda
None of These


6. As Per Govt Data, GDP Growth Rate for 2nd quarter (July-September) Q2 of 2017-18 remained ______________, as compared to 5.7% in First quarter of FY 2017-18 ?

6.3 %
7.3 %
5.3 %
8.3 %
None of These


7. As per report titled India 2028 by Bank of America Merrill Lynch -

  1. India will emerge as third-largest economy, overtaking _________ in nominal GDP by 2028. By 2019, India will overtake France and Britain to emerge as world’s fifth largest economy.
China
Japan
USA
Germany
None of These


8. Asian Development Bank (ADB) announced to increase annual funding to India to up to ____________ from existing $2.7 billion from next year to accelerate inclusive economic transformation. India is largest recipient of ADB Loans and will get about $20 billion over next 5 years.

  1. ADB approves $500 mn loan under Second Rural Connectivity Investment Programme to improve Over 12000 KM rural roads in West Bengal, Assam, Chhattisgarh, Odisha and Madhya Pradesh.
$4 billion
$3 billion
$3.5 billion
$5 billion
None of These


9.__________ and Mumbai Police Launch new Campaign #MuhPeTaala During International Fraud Awareness week (12 – 18 November 2017), to promote safe banking. It aims to raise awareness about how to keep oneself safe from falling prey to fraudulent calls asking information such as pin code, CVV, OTP etc. ?

Axis Bank
ICICI Bank
HDFC Bank
PNB
None of These


10. _____________ launched an instant international payment services using Ripple’s enterprise blockchain technology solution for its customers.

  1. Though an international offer, Bank is offering facility only to its retail customers in country to receive payments from UAE-based Rak Bank and for its corporate customers to receive payments from Standard Chartered (Singapore).
HDFC Bank
SBI
ICICI Bank
Axis Bank
None of These


11. BSE (Bombay Stock Exchange) launched BEST (_________________) as an advanced hosted trading solution built on Thomson Reuters Omnesys NEST platform. It will facilitate smooth trading for BSE customers across multiple exchanges, including BSE, NSE, MCX and NCDEX for a wide range of investment categories like equity, equity derivatives, bonds etc ?

BSE Electronic Surity Trader
BSE Electronic Safe Trader
BSE Electrical Smart Trader
BSE Electronic Smart Trader
None of These


12. ________________ launched Pro-fit platform that will act as a one-stop solution to all health-record tracking needs of customers ?

LIC
Bajaj Allianz General Insurance
Iffco Tokyo General Insurance
Max New York Life Insurance
None of These


13. ______________ launched digital Supply Chain Finance solution which aims to accelerate working capital loan opportunities for the small and medium enterprises and large corporate clients ?

SBI
ICICI Bank
PNB
Axis Bank
Bank of Baroda


14. Based on massive drive undertaken by Ministry of Corporate Affairs (MCA), around _____________ lakh companies have been disqualified till date for remaining inactive for a period of two (2) years or more (Betwe FY 2013 - 14 to FY 2015-16) ?

2.24
1.24
3.24
4.24
None of These


15. ____________ Group Founder Sunil Mittal announced INR 7000 Donation for social causes, which includes setting up a university that will provide high quality professional education, preferably to socially and financially weaker sections of society. ?

TATA Sons
Reliance
Adani
Bharti
None of These


16. Cabinet Committee on Economic Affairs (CCEA) approved implementation of Special Banking Arrangement (SBA) with _____________ for INR 10000 crores for payment of outstanding claims on account of fertilizer subsidy in year 2016-17.

  1. Government is making available P&K fertilizers and Urea to farmers at subsidized prices through fertilizer manufacturers and importers. For making funds available to fertilizer companies against subsidy claims, Finance Ministry approved SBA for amount of 10000 crores Government interest liability limited to G-Sec rate.
BOB
PNB
SBI
ICICI Bank
None of These


17. Cabinet Committee on Economic Affairs (CCEA) approved revision in price of ethanol under Ethanol Blended Petrol (EBP) Programme for supply to Public Sector Oil Marketing Companies (OMCs) at INR __________ per litre ?

60.85
40.85
20.85
50.85
None of These


18. Cabinet Committee on Economic Affairs approved continuation of Rashtriya Krishi Vikas Yojana (RKVY) as Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied sector Rejuvenation (RKVY-RAFTAAR) for 2017-18 to 2019-20 with Financial allocation if INR 15,722 crores, aimed at making farming as a remunerative economic activity through strengthening farmer's effort and promoting agri­business entrepreneurship.

  1. RKVY-RAFTAAR funds would be provided to the States as ____________________ grants between Centre and States (90:10 for North Eastern States and Himalayan States).
  2. RKVY is continuing scheme from XI Five Year Plan and provides considerable flexibility and autonomy to states in planning and executing programmes for incentivizing investment in agriculture and allied sectors.
50:50
60:40
70:30
80:20
None of These


19. Central Board of Excise and Customs (CBEC) doubled import duty on wheat to __________, to curb cheap shipments and give positive price signal to farmers in ongoing Rabi season. It also imposed import duty of 50% on peas to check cheaper shipments ?

40 %
30 %
10 %
20 %
None of These


20. Central Government has set INR ____________ minimum balance in bank account as one of 21 parameters to assess poverty in gram panchayats under ‘Mission Antyodaya’, that aims to create 50000 poverty-free gram panchayats ?

10000
20000
30000
40000
None of These


21. China-sponsored Asian Infrastructure Investment Bank (AIIB) approved USD 2 Billion loan (Rs. 13,000 crores) for 5 projects in _________ ?

Andhra Pradesh
Kerala
Karnataka
Telangana
None of These


22. Department of Economic Affairs (DEA) and Asean Development Bank reviewed $13.5 billion ADB Sponsered Project Portfolio in India -

  1. Works worth $9.6 billion is ongoing and $5.4 billion has been disbursed.
  2. Best project implementation performance awards -
    1. ____________________ Power Transmission and Distribution System Improvement Project
    2. Kolkata Environmental Improvement Investment Program (Tranche-1)
    3. Uttarakhand Emergency Assistance Project.
Rajasthan
Madhya Pradesh
Haryana
Punjab
None of These


23. Directorate General of Foreign Trade (Ministry of Commerce and Industry) doubled rates for incentives under Merchandise Exports from India Scheme (MEIS) from 2% to ____________ of value of exports, for two subsectors of textiles - readymade garments and made-ups ?

6%
5%
3%
4%
None of These


24. Eminent classical singer late _____________ will be honoured with Sumitra Charat Ram Award for Lifetime Achievement. She has Passed Away Recently ?

Biju Phukan
Priya Ranjan Dasmunsi
Sreerupa Bose (Mukherjee)
Mangi Bai Arya
Girija Devi


25. Finance Minister Arun Jaitley officially launched the Paytm Payments Bank as 4th Payments Bank in India, along with Airtel Payments Bank, India Post Payments Bank, Fino Payments Bank. Features of Paytm Payments Bank Include -

  1. Money Transfer services such as IMPS, NEFT, RTGS, UPI are all free on Paytm Payments Bank.
  2. Paytm Payments Bank offers free personalised RuPay digital debit card. A physical debit card can be provided on request.
  3. Paytm Payments Bank offers interest of ___________________on savings, payable monthly.
  4. Account holders will also be offered a free insurance cover of up to Rs 2 lakh in case of death or permanent disability.
2 %
6 %
4 %
7 %
None of These


26. Finance Ministry Approved Granting Infrastructure status to ___________________ Sector, in view of the fact that the logistics cost in India is very high compared to developed countries and it reduces competitiveness of Indian goods in domestic and export market. It will enable this Sector to avail infrastructure lending at easier terms with enhanced limits, access to larger amounts of funds, longer tenor funds from insurance companies etc ?

Logistics
Petroleum
IT
Textiles
None of These


27. Financial services firm _____________ received apprval from National Housing Bank (NHB) for carrying out housing finance activities through its subsidiary ?

Janalakshmi Financial Services
JM Financial
Ujjivan Small Finance Bank
Bandhan Bank
None of These


28. GST Council 23rd Meeting (________________) -

  1. Under GST Composition Scheme - Annual turnover eligibility increased to 2 crore from 1 crore Presently, Making eligibility for composition increased to 1.5 Crore per annum.
  2. Major Changes in GST Rates for several goods / services (213 Headings (Items / Class of Items)) -
    1. 28 % to 18% - 178 Headings . Now Only 50 Headings are in 28 % Slab.
    2. 28 % to 12% - 2 Headings
    3. 18 t0 12 % - 13 Headings
    4. 18 % to 5 % - 6 Headings
    5. 12 % to 5 % - 8 Headings
    6. 5 % to 0 % - 6 Headings
Delhi
Jaipur
Guwahati
Gangtok
None of These


29. Global Environment Facility (GEF) partnered with India's Energy Efficiency Services Limited (EESL) for project named Creating and Sustaining Markets for Energy Efficiency, as a result of India’s efforts towards energy efficiency programmes.

  1. Project will receive a composite funding of ______________ comprised of GEF grant of $20 million and rest as co-financed loans. It includes a $200 million loan from Asian Development Bank (ADB).
  2. EESL proposed Energy Efficiency Revolving Fund (EERF) for sustainable funding mechanism of energy efficiency projects in country.
  3. It aims to mitigate 60 million tons of CO2  that will enable a total direct energy savings of 38.3 million GJ by 2022 and 137.5 million GJ by 2032.
  4. About GEF -
    1. Global Environment Facility (GEF) was established on eve of 1992 Rio Earth Summit to help tackle most pressing environmental problems.
    2. GEF is located in Washington (USA) with as Naoko Ishii as CEO and Chairperson.
$294 million
$354 million
$54 million
$154 million
$454 million


30. Government approved ONGC's acquiring _____________ stake in HPCL, to create an integrated energy major with businesses spread across hydrocarbon value chain. Government’s stake in HPCL is sold to ONGC for approx INR 28,000 crores ?

31.11 %
21.11 %
51.11 %
71.11 %
None of These


31. Government launched Bharat 22 exchange traded fund (ETF) managed by ICICI Prudential Mutual Fund, targeting initial amount of INR ____________ (increased from 8000 Crores earlier). This ETF is open for subscription till 17 November and a discount of 3% is being offered to all investors.

  1. The fund aims to replicate S&P BSE Bharat 22 Index, which will invest in 22 stocks in CPSE universe,  stakes held under Specified Undertaking of Unit Trust of India (SUUTI), and state-run banks.
  2. S&P BSE Bharat 22 Index
    1. This index has stocks representation of 39 % Private and 61 % Government Firms in 6 sectors - Finance, Industry, Energy, Utilities, Fast Moving Consumer Goods (FMCG) and Basic Materials. This index was launched in August 2017 and since then it has performed better than Sensex and NIFTY-50.

?

16500 crores
12500 crores
10500 crores
14500 crores
None of These


32. Government raised import duty on crude palm oil to _________________ from 15 % and refined oil to 40 % from 20 %, to curb cheaper shipments and boost local prices for supporting farmers and refiners ?

40 %
30 %
50 %
45 %
None of These


33. ______________ Removed Services Charges on Real Time Gross Settlement (RTGS) and the National Electronics Funds Transfer (NEFT) Online transactions to promote digital economy. It also limited availability of cheque book to 25 Cheques per year ?

HDFC Bank
Axis Bank
ICICI Bank
SBI
None of These


34. _______________ launched India's first voice-based international remittance service to enable non-resident Indians (NRIs) to send money to any bank in India. Now, an NRI customer can instantly initiate a remittance to India with just a simple voice command to Apple's virtual voice assistant, Siri, on their iPhone/iPad, using Bank's Money2India app?

HDFC Bank
Axis Bank
Yes Bank
Kotak Mahindra Bank
ICICI Bank


35. __________ sigend agreemnt mobile wallet firm MobiKwik to launch a co-branded virtual Visa prepaid card for MobiKwik customers ?

HDFC Bank
IDFC Bank
ICICI Bank
Axis Bank
None of These


36. Income Tax Department clarified that cash sales of agricultural produce by a cultivator to a trader for less than __________ rupees will not attract tax under Income Tax Act and PAN is not needed for them ?

2 lakh
3 lakh
5 lakh
6 lakh
None of These


37. India Post Payments Bank (IPPB) will become operational in all 650 districts of the country by April 2018 to facilitate financial inclusion.

  1. Payments Banks may accept Deposit upto INR 1 Lakh. IPPB will offer Interest Rates Upto _________________.
  2. Other Payments Banks in India - Paytm PB (upto 4 %), Fino PB (upto 4 %), Airtel PB (Upto 7.25%.
4.5%
3.5%
6.5%
6.0%
5.5%


38. India signed Financing Agreement for IBRD loan of US$ 119 million for __________ Higher Education Programme for Excellence & Equity Project ?

Odisha
Jharkhand
Chhattisgarh
Goa
None of These


39. India signed a Loan agreement worth ____________ with World Bank for increase solar generation capacity through establishment of large-scale parks in India.

  1. It Includes Grant Agreement for USD 2 million for Shared Infrastructure for Solar Parks Project and IBRD/CTF loan of USD 98 million.
  2. It will help in government’s plan to install 100 Gigawatts (GW) of solar power out of a total renewable-energy target of 175 GW by 2022.
$120 Million
$100 Million
$110 Million
$130 Million
None of These


40. Indian Computer Emergency Response Team (CERT-In) under Ministry of Electronics & Information Technology organized 15th Asia Pacific Computer Emergency Response Team (APCERT) Conference in _________________________ with theme Building Trust in the Digital Economy. It is first ever APCERT conference held in India ?

Jaipur
Ahmedabad
Kolkata
Gangtok
New Delhi


41. Indian NBFC Centrum Capital acquired _____________________ based First Rand Bank’s (FRB’s) microfinance business in India, aimed at boosting its lending operations focused on retail and small & medium enterprises (SMEs) ?

Egypt
South Africa
Poland
Denmark
None of These


42. Insurance firm ________________ launched India’s first ever insurance cover for individual victims of cyber crime. Under this, insurance cover (1 Lakh to 1 Crore) will be provided against online fraud, identity theft, cyber-stalking and extortion, phishing and malware attack.

Max New York Life Insurance
Bajaj Allianz
HDFC life Insurance
LIC
None of These


43. ________________ partnered with Boston Consulting Group (India) Pvt Ltd for its transformation project ‘Vikaas’ ?

Karnataka Bank
ICICI Bank
HDFC Bank
Axis Bank
None of These


44. __________________ Government signed a MOU with Intel and UST Global for exploring possibility of transforming the state into an electronic hardware manufacturing hub. Additionally, Cab Aggregatgor Ola partnered with Microsoft To choose microsoft as its preferred cloud provider ?

Telangana
Karnataka
Tamilnadu
Andhra Pradesh
Kerala


45. _________ launched Smart Banking 24X7 e-lobbies in Mumbai, that will give customers freedom to complete banking transactions at any hour of day ?

Axis Bank
Kotak Mahindra Bank
ICICI Bank
HDFC Bank
None of These


46. Messaging app Hike tied-up with ______________ for its mobile wallet product ?

Airtel Payments Bank
Paytm Payments Bank
India Post Payments Bank
Fino Payments Bank
None of These


47. Minister of Communications Manoj Sinha today Pan India scholarship program for school children called Deen Dayal SPARSH Yojana to increase reach of Philately (collection and study of postage stamps). SPARSH stands for ________________.

  1. Under this, annual scholarships will be given to children of Standard VI to IX with good academic record and pursuing Philately as a hobby through a competitive selection process in all postal circles.
  2. Every Postal Circle will select a maximum of 40 scholarships representing 10 students each from Standard VI, VII, VIII & IX. Amount of Scholarship will be Rs. 6000 per annum.
Scholarship for Prohibition of Aptitude & Research in Stamps as a Hobby
Scholarship for Production of Aptitude & Research in Stamps as a Hobby
Scholarship for Production of Attitude & Research in Stamps as a Hobby
Scholarship for Promotion of Attitude & Research in Stamps as a Hobby
Scholarship for Promotion of Aptitude & Research in Stamps as a Hobby


48. Ministry of Housing & Urban Affairs announced that 30.76 lakh houses for urban poor have been sanctioned so far since launch of Pradhan Mantri Awas Yojana (Urban) Scheme in June ______________ ?

2015
2014
2016
2017
None of These


49. Ministry of Shipping extended period of Coastal Berth scheme of flagship Sagarmala Programme for three years upto March _____________. Its scope was also expanded to cover capital dredging at Major Ports and preparation of detailed project report (DPR) for coastal berth project.

  1. Ministry of Shipping also undertook projects worth INR 2302 crore for financial assistance under Coastal Berth Scheme.
2019
2020
2021
2018
None of These


50. Mobile Wallet Firm Paytm tied-up with __________ to launch Joint Postpaid short-term credit facility to Bank's customers using Paytm App. Current Borrowing Limit is INR 20000, to be repaid in 45 days.

  1. Paytm also accquired undisclosed stake in Urja Money Pvt. Ltd, that evaluates creditworthiness of people seeking loans to buy two-wheelers., under Brand name CreditMate.
HDFC Bank
Axis Bank
Kotak Mahindra Bank
Yes Bank
ICICI Bank


51. Moody's Investors Service upgraded India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed outlook on rating to stable from positive. India’s rating has been upgraded after a period of __________ years, that was last upgraded to Baa3 (from Ba1).

  1. Moody's also upgraded ratings of 9 Indian PSUs -
    1. BPCL, HPCL, IOC and Petronet LNG Ltd (PLL) -upgraded to Baa2 from Baa3.
    2. ONGC’s rating upgraded to Baa1 from Baa2.
    3. NTPC, NHPC, National Highway Authority of India (NHAI) and GAIL India upgraded to Baa2. As Per CRISIL, NHAI reforms resulted in doubling of daily highways construction rate from 12 km to 23 km in 2017.

?

13
23
28
9
None of These


52. PNB MetLife tied up with Bank of ________________ to sell retail and group insurance products to Bank’s customers in India ?

Singapore
China
Bahrain and Kuwait
Nepal
None of These


53. Pension Fund Regulatory and Development Authority (PFRDA) will conduct State specific APY mobilization Campaigns under name ______________, to Increase APY Outreach.

  1. Campaign is being launched from Uttar Pradesh with over 17,000 APY touch points (Including banks and post offices).
Safety First
Nation First
Pension First
People First
None of These


54. Price Stabilisation Fund Management Committee (headed by _________________________) decided to import onions through a government agency, To keep a check on the prices of onions ?

Raghura G Rajan
Arvind Mayaram
Urijit Patel
Sekhar Basu
Avinash K Srivastava


55. Private Bank __________________ inaugurated Its all women branch in Chennai (Tamil Nadu), aimed at promoting Gender Equality ?

SBI
KBL
RBL 
Yes Bank
None of These


56. Private Sector's _____________ obtained RBI approval to open representative offices at Kuwait and Singapore. ?

Federal Bank
Axis Bank
ICICI Bank
Yes Bank
None of These


57. Private sector lender _______________ signed an agreement with the government to provide Rs 1,000 crore financing for food processing projects. The funding will be provided to around 100 food processing projects with an average ticket size of Rs 10 crore each.

  1. Bank also recently updated its BHIM Pay app and integrated 3 other products of National Payment Corporation of India (NPCI)– RuPay Virtual Card, BharatQR and Bharat Bill Payment Service (BBPS) in addition to other payment infrastructures like UPI and IMPS.
HDFC Bank
Yes Bank
ICICI Bank
Axis Bank
None of These


58. RBI asked banks to provide doorstep banking facilities to senior citizens who are more than ______________ years of age and differently-abled persons by December 2017. RBI also asked banks to provide a minimum of 25 cheque leaves every year for a savings bank account free of charge ?

70
65
60
80
None of These


59. Ratings firm Crisil and Small Industries Development Bank of India (SIDBI) signed MoU to launch ________________ - a sentiment Index for Micro, Small and Medium Enterprises (MSME). Index will provide insights into employment, business environment and foreign trade trends in MSME sector. It will be compiled on basis of real-time, ground-level information procured directly from MSMEs. ?

CriSidEx
NIFTY SME Emerge
ETF 22
CriEx
None of These


60. Reserve Bank of India (RBI) fixed purchase price for latest Sovereign Gold Bond (SGB) series at INR 2,945 per gram.goldi. These bonds can be subscribed from Monday to Wednesday every week. Investors applying online and making payment digitally will be eligible for a discount of Rs _____________ per gram ?

25
200
100
50
None of These


61. Reserve Bank of India (RBI) has asked _____________ not use the word ‘Bank’ in their names as it violates Section 7 of the Banking Regulation Act 1949 ?

Payment Banks
Small Finance Banks
Self Help Groups
Co-operative Societies
None of These


62. Reserve Bank of India (RBI) simplified Foreign Exchange Management Regulations to ease up norms for foreign investors to invest in India-

  1. All 93 amendments have been put under one notification. New regulation combines earlier two regulations on foreign investments - FEMA 20 (investment in Indian company or partnership or in a limited liability partnership) or FEMA 24 (investment in a partnership firm).
  2. FEMA (______________________)
    1. FEMA was passed by Parliament in 1999 and so far was amended 93 times. It replaced FERA (Foreign Exchange Regulations Act), 1973 that become incompatible after economic reforms and pro-liberalization policies of Government.
Foreign Exchange Mutual Act
Foreign Exchange Management Act
Foreign Economy Management Act
Foreign Exchange Mixing Act
None of These


63. Reserve Bank of India rejected HDFC Bank's plea to declassify its parent Housing Development Finance Corporation Limited (HDFC) as a FII (______________), impacting HDFC Bank's fundraising program from qualified institutional placement (QIP) ?

Foreign Internal Investor
Foreign International Investor
Foreign Integrated Investor
Foreign Institutional Instructor
Foreign Institutional Investor


64. Securities and Exchange Board of India (SEBI) will bring ICO (________________) under its existing legal framework.

  1. Recenly, popularity of crypto currencies (bitcoin, ethereum etc) has increased rapidly and number of entities looking at raising funds through ICO. RBI beliwves that these instruments are securities and so SEBI should be regulating body. But crypto-currencies are neither ‘commodities derivatives’ nor ‘securities’ under Securities Contracts (Regulation) Act 1956.
  2. Initial Coin Offering (ICO) -
    1. Its an unregulated means of crowd funding for project via use of cryptocurrency such as Bitcoin etc. ICOs are not controlled by any legal entity, unlike IPOs that are regulated by SEBI.
    2. In ICO, rights of ownership are offered to investors in form of digital coins in exchange for legal tender or other cryptocurrencies.
    3. China’s Central Bank recently banned ICO as dubbed it as an illegal public finance mechanism used for issue of securities and money laundering.
Initial Coin Offerings
Institutional Coin Offerings
Internal Coin Offerings
Integrated Coin Offerings
None of These


65.___________________’s DBS Bank lowered India’s Gross Domestic Product (GDP) growth forecast for current fiscal (FY 2017-18) to 6.6 
% from the previous 6.8 %. ?

USA
Japan
South Korea
Singapore
None of These


66. Smallest paper denomination note from India of ______________, completed 100 years of existence, since it was first printed on November 30, 1917, with photo of King George V ?

INR 10
INR 2
INR 1
50 Paise
None of These


67. State Bank of India (SBI) slashed MCLR)  (_________________) by 0.05 percent across maturities. ?

Mutual cost of funds based lending rate
Marginal cost of funds based lending rate
Marginal cost of funds based lowered rate
Mutual consent based funds lending rate
None of These


68. _________________ launched a unified integrated app called YONO (You Need Only One), that offers all kinds of financial and lifestyle products from 14 categories ?

ICICI Bank
SBI
HDFC Bank
Yes Bank
None of These


69. ____________ formed a human chain to create awareness among the public to fight corruption, in Bengaluru (Karnataka) ?

Axis Bank
SBI
Bank of Baroda
Syndicate Bank
None of These


70. TRAI (Telecom Regulatory Authority of India) announced that _______________ will shut down voice call service from 1st December 2017 and its customers can move to other networks by the end 2017 ?

Reliance Communications
Idea
Vodafone
Aircel
None of These


71. UN Agency International Fund for Agriculture Development (IFAD) approved USD _____________ soft loans for 4th phase of North Eastern Region Community Resource Management Project (NERCORMP) ?

30 million
20 million
10 million
50 million
None of These


72. United Arab Emirates (UAE’s) second largest bank, Emirates NBD started operations in India by opening a branch in ______________. It is Emirates NBD’s fifth international branch ?

Delhi
Mumbai
Jaipur
Ahmedabad
None of These


73. _____________ received SEBI’s approval for issue of equity shares worth Rs 1,000 crore by way of institutional placement ?

Bank of Baroda
Bank of India
Union Bank of India
United Bank of India
None of These


74. _____________ tops in opening new Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts in past 1 year, followed by Bihar and Maharashtra ?

Rajasthan
Gujarat
Goa
Haryana
Uttar Pradesh


75. World Bank CEO Kristalina Georgieva said India will be a high-middle income country by _________________.

  1. Note that Morgan Stanley recently predicted that India will grow to a 6-trillion-dollar economy and achieve upper-middle income status by 2026-27.
2037
2027
2047
2032
None of These


76. _______________ signed MoU with Innovation Centre Denmark – India (ICDK India), to bring financial technology innovations and startups from Denmark to India, and facilitate entry of Indian startups in Denmark.

  1. Bank also signed bancassurance agreement with Reliance General Insurance.
Yes Bank
ICICI Bank
Axis Bank
HDFC Bank
None of These


77. e-Wallet Firm ____________ Added BHIM-UPI feature in its App, to enable users to make UPI payments without loading money into wallet.

Hike
Mobikwik
Paytm
Oxigen
None of These




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