Review 2016 : Banking & Financial Awareness Quiz - Set 4

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1. Reserve Bank of India (RBI) Working Group on Rationalisation of Branch Authorisation Policy, chaired by ______________ has proposed easing bank branch norms, like a building, number of employees etc to facilitate financial inclusion. Bank branches (including those having business correspondents) providing minimum 4 hours of service for 5 days a week, should be allowed to be treated as a full-service branch. Any other fixed point unit of the bank not complying with minimum working period should be considered a ‘part-time banking outlet’.
   1. Arvind Mayaram
   2. Amartya Sen
   3. Raghuram G Rajan
   4. G. Gurucharan
   5. Lily Vadera
2. E-commerce Firm ______________ will launch its own map services in tie up with MapUnity, to better handle its shipping activities ?
   1. Flipkart
   2. PayTm
      
   3. Snapdeal
   4. Amazon
   5. None of These
3. ______________ will launch a new trade receivable and credit exchange platform for micro, small and medium enterprises (MSMEs). This It will help MSMEs to file their bill against large companies ?
   1. Multi Commodity stock exchange
   2. Bombay stock exchange
   3. SEBI
   4. RBI
   5. National stock exchange
4. Government granted Infrastructure Status to ______________ to ease its financial stress ?
   1. Shipyard Industry
   2. Textile Industry
   3. IT Industry
   4. Cotton Industry
   5. None of These
5. Cabinet Committee on Economic Affairs approved ‘Project ____________’ as a New Indirect Tax Network (Systems Integration) of the Central Board of Excise and Customs (CBEC). Total cost is 2256 crores, to be incurred over 7 years ?
   1. SAJAG
   2. SULABH
   3. SAHAJ
   4. SAKSHAM
   5. None of These
6. ______________ announced to raise Rs.271 crore from Life Insurance Corporation of India in preferential allotment of equal shares at Rs.37.74 a piece ?
   1. Dena Bank
   2. Bank of Maharashtra
   3. UCO Bank
   4. Union Bank of India
   5. None of These
7. As per World Bank’s report South Asia Economic Focus, India's GDP growth will remain 7.6 % in 2016 and ______________ in 2017 ?
   1. 6.7 %
   2. 8.7 %
   3. 7.2 %
   4. 7.7 %
   5. None of These
8. Asian Development Bank will extend a ______________ million loan for proposed $840 million Visakhapatnam-Chennai Industrial Corridor ?
   1. $725
   2. $625
   3. $525
   4. $775
   5. None of These
9. ______________ in association with NITI Aayog, IIT­Bombay, National Institute of Design and ISRO, announced ‘Splash 2016’, a pan India painting competition for children in the age group of 7 – 15 years. Online registration at myideaofprogress.com/Splash ?
   1. Axis Bank
   2. ICICI Bank
   3. HDFC Bank
   4. SBI
   5. one of These
10. As per Reserve Bank of India (RBI)s annual report 2015-16, Indias GDP growth forecast for FY 17 is ______________ ?
    1. 9.6 %
    2. 6.6 %
    3. 7.6 %
    4. 8.6 %
    5. None of These
11. India's foreign exchange reserves reached a new high of USD ______________  ?
    1. 372 billion
    2. 352 billion
    3. 382 billion
    4. 472 billion
    5. None of These
12. ______________ became India's first firm to get debt recast under RBI's new Scheme for Sustainable Structuring of Stressed Assets (S4A). Under this, debt recast of HCC 52% of debt (2,600 crore) was serviced as per original terms and conditions, including about interest rate and tenure ?
    1. Hindustan Steel Construction Limited
    2. Hindustan Chemicals Limited
    3. Hindustan copper Limited
    4. Hindustan Construction Company
    5. None of These
13. ______________ is conferred with National Award for its Roof Top Solar Power initiatives ?
    1. Airports Authority of India
    2. SAIL
    3. BHEL
    4. BEL
    5. GAIL
14. Asia's oldest Stock Exchange ______________ became first Indian stock exchange to file IPO papers with market regulator Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). It also partenered with Twitter for providing Live Updates ?
    1. Beijing Stock Exchange
    2. Shanghai Stock Exchange
    3. National Stock Exchange
    4. Tokyo Stock Exchange
    5. Bombay Stock Exchange
15. ______________ Stock Exchange introduced 'Paperless SIP' (systematic investment plans), to allow mutual fund investors to make transactions through various modes of payments ?
    1. Chennai
    2. Multi Commodity
    3. Ahmedabad
    4. Delhi
    5. Bombay

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