Review 2016 : Banking & Financial Awareness Quiz - Set 3

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1. Which of the following banks has received Reserve Bank of India (RBI)'s permission to open its first international branch in Dubai ?
   1. Federal Bank
   2. Axis Bank
   3. HDFC Bank
   4. ICICI Bank
   5. None of These
2. As per Union Budget 2016 - 17, Allocation of ___________ crore was for recapitalisation of Public Sector Banks ?
   
   1. 50,000
   2. 25,000
   3. 70,000
   4. 100,000
   5. None of These
3. Ministry of Power launched URJA Mobile application for Urban Power Distribution Sector. What is URJA ?
   1. Urja Jyoti Abhiyaan
   2. Urban Jyoti Abhiyaan
   3. Urban Jal Abhiyaan
   4. Unnat Jyoti Abhiyaan
   5. None of These
4. Benami Transactions (Prohibition) Amendment Act 2016 designed to curb black money and passed by parliament in August 2016, came into effect. New law amended Benami Transactions Act 1988 and renamed it as Prohibition of _____________ ?
   1. Benami Property Transactions (PBPT) Act 1988
   2. Benami Transactions Act 1988
   3. Benami Property Act 1988
   4. Benami Property Deals Act 1988
   5. None of These
5. Bank of America (BofA) lowered India’s economic growth estimates by 30 basis points to ______________ for current fiscal after demonetisation drive. Earlier, BofA estimated India's GDP growth at 7.4 % for 2016-17 and 7.6 % for 2017-18 ?
   1. 6.1 %
   2. 7.1 %
   3. 5.1 %
   4. 4.1 %
   5. None of These
6. Rashtriya Ispat Nigam Limited signed Memorandum of Understanding with which state's government for investment of 38500 crore rupees ?
   1. Assam
   2. Meghalaya
   3. Manipur
   4. Uttar Pradesh
   5. Andhra Pradesh
7. After IRDAI's approval of Life insurance company of India (LIC)'s investment proposal in Public Sector Banks, LIC announced to buy Additional stake in which of the following Public Sector Banks ?
   1. State Bank of India and Andhra Bank
   2. Dena Bank and Andhra Bank
   3. Punjab National Bank and Andhra Bank
   4. Bank of Baroda and Andhra Bank
   5. None of These
8. _______________ has launched an e-marketplace portal for online purchase of goods and services by various central government ministries and departments, to bring in more transparency and streamlining the government procurement of goods and services. This e-marketplace portal has been developed by the Directorate General of Supplies and Disposals (DGS&D) ?
   1. Ministry of Commerce and Industry
   2. Ministry of Finance
   3. Ministry of Parliament Affairs
   4. Ministry of Road Transport and Highways
   5. None of These
9. As per report by Assocham-KPMG, India emerged as world’s ______ largest electronic waste (e-waste) producer and India discards 18.5 lakh tonnes of e-waste each year. India is world’s second largest mobile market with 1.03 billion subscribers, nearly 25% of it end up in e-waste annually ?
   1. 2nd
   2. 4th
   3. 6th
   4. 5th
   5. 7th
10. Which of the following banks has launched Bengaluru's first ATM that accepts Aadhaar number and Aadhaar fingerprint (biometric) instead of ATM/Debit Card and PIN to dispense cash ?
    1. DCB Bank
    2. ICICI Bank
    3. Axis Bank
    4. HDFC Bank
    5. LVB Bank
11. Bihar State Legislature has unanimously ratified the The Constitution (122nd Amendment) (GST) Bill, 2014 for introduction of Goods and Services Tax (GST) regime in the country. ____________ was first to ratify GST among all Indian States ?
    1. Assam
    2. Manipur
    3. Meghalaya
    4. Mizoram
    5. None of These
12. Yes Bank launched “_____________” as new mobile banking app with multiple more features and support for banking transactions on Apple and Android­based SmartWatches ?
    1. es Mobile 1.0
    2. Yes Mobile 3.0
    3. Yes Mobile 2.0
    4. Yes Mobile 4.0
    5. None of These
13. _________________ launched mobile app Indian Customs - Guide to Travellers, to inform international travelers about Customs Baggage rules, who may be traders/exporters/importers ?
    1. Central Board of Excise and Customs
    2. Central Board of Direct Taxes
    3. Central Board of Secondary Education
    4. Central Board of Film Certification
    5. None of These
14. Finance Minister Arun Jaitley launched _______ Agri-Credit Monitoring portal, which will help financial institutions to monitor status of agricultural loans given to farmers ?
    1. LIC
    2. NABARD
    3. SEBI
    4. SBI
    5. RBI
15. Which of the following banks has opened a foreign branch in Yangon (Myanmar) and became the first domestic bank of India to open a branch in Myanmar ?
    1. HDFC Bank
    2. State Bank of India
    3. Axis Bank
    4. ICICI Bank
    5. None of These

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