Financial Current Affairs Quiz - May, 2016 - Set 1

Hello and welcome to exampunditHere is the  1st set of Financial Current Affairs Questions for the upcoming Bank Exams. These are based on the Current Affairs from May, 2016. The topics include, news related to finance, industry, MoU, investments, reports related to economy and all the financial awareness.

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1. PM Narendra Modi recently launched Pradhan Mantri Ujjwala Yojana (PMUY) in which state?
1) Madhya Pradesh
2) Bihar
3) Uttar Pradesh
4) Maharashtra
5) Andhra Pradesh

2. SBI recently launched card-less payment solution for offline transactions dubbed mVisa in which city?
1) Mumbai
2) New Delhi
3) Chennai
4) Bengaluru
5) Hyderabad

3. Aviva recently increased their stake to 49% in Aviva Life Insurance. Aviva Life Insurance is a joint venture between Aviva and _________.
1) Muthoot Capital
2) Dabur Invest Corp
3) Mahindra Finance
4) Aditya Birla Group
5) Bajaj Capital

4. Name the first Public Sector Bank to open banking unit at GIFT City's IFSC?
1) Canara Bank
2) State Bank of India
3) IDBI Bank
4) Bank of Baroda
5) Bank of Maharashtra

5. In its latest Regional Economic Outlook for Asia and the Pacific, what was the growth forecast for India for FY2016-17 by IMF?
1) 7.5%
2) 7.2%
3) 7.6%
4) 7.8%
5) 7.4%

6. Which of the following state government recently launched Chandranna Bima Yojana?
1) Telangana
2) Andhra Pradesh
3) Karnataka
4) Tamil Nadu
5) Chhattisgarh


7. Jhabua Thermal Power Project is located in which state?
1) Andhra Pradesh
2) Madhya Pradesh
3) Chhattisgarh
4) Jharkhand
5) Assam

8. With which of the following banks did New Development Bank (NDB) recently tie up to explore opportunities in India?
1) Axis Bank
2) State Bank of India
3) ICICI Bank
4) Both 1 & 2
5) Both 2 & 3

9. Which of the following state government recently tied up with Autodesk to provide advanced design technology to - local MSMEs from the manufacturing sector?
1) Maharashtra
2) Andhra Pradesh
3) Haryana
4) Kerala
5) West Bengal

10. With which of the following nation did India recently sign a MoU for a USD 100 Million Credit Line?
1) Mongolia
2) Sri Lanka
3) Papua New Guinea
4) Maldives
5) Indonesia

11. Union Government gave its approval for development of two laning with formation of four lane of Shimla Bypass on _____________.
1) National Highway-25
2) National Highway-23
3) National Highway-22
4) National Highway-24
5) National Highway-21

12. With which of the following nations did India recently sign an Air Services Agreement paving the way for introduction of direct flights between the two countries?
1) Papua New Guinea
2) Fiji
3) New Zealand
4) Australia
5) Canada


  1. Ankita - 10/10
  2. Priyanka - 10/10
  3. Lallu - 11/11


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