Tuesday, July 26, 2016

Financial Current Affairs Quiz for SBI PO Mains - July - Set 2

Hello and welcome to exampunditHere is the  first set of Financial Current Affairs Questions for the upcoming SBI Clerk & PO Mains Exams. These are based on the Current Affairs from July, 2016 second week. The topics include, news related to finance, industry, MoU, investments, reports related to economy and all the financial awareness.

1. Which of the following banks recently signed an agreement with Reliance Jio Money for one-click payment service?
1) Yes Bank
2) IndusInd Bank
3) Federal Bank
4) Axis Bank
5) ICICI Bank

2. The RBI recently created Sudarshan Sen Inter-regulatory Working Group to study the entire gamut of regulatory issues relating to –
1) Blockchain Technology
2) Financial Technology
3) Digital Banking
4) Both 1 and 3
5) Both 2 and 3

3. How much amount of capital did government recently provide to 13 PSU banks to enhance their lending operations and enable them to raise more money from the market?
1) Rs 23,915 crore
2) Rs 23,615 crore
3) Rs 22,915 crore
4) Rs 22,615 crore
5) Rs 23,965 crore

4. Which of the following states recently signed a MoU with Netherlands to set up a skill development centre to help farmers?
1) Jharkhand
2) Uttar Pradesh
3) Madhya Pradesh
4) Tamil Nadu
5) Telangana

5. Ghatampur Thermal Power Project is located in which state?
1) Chhattisgarh
2) Madhya Pradesh
3) Uttar Pradesh
4) Punjab
5) Bihar

6. What is the outlay of the newly launched Pradhan Mantri Kaushal Vikas Yojana?
1) 10000 crore rupees
2) 16000 crore rupees
3) 14500 crore rupees
4) 12000 crore rupees
5) 15000 crore rupees

7. Which of the following recommendations of Justice Shah headed SIT on black money is TRUE?
1) It has recommended ban on cash transactions above 6 lakh rupees in a day
2) It has recommended ban on cash transactions above 10 lakh rupees per week
3) It has recommended capping the cash holding of an industry or individual at 15 lakh rupees
4) Both 1 and 3
5) Both 2 and 3


8. State Bank of India recently signed a MoU with SINE to ________________.
1) promote digital banking in the country
2) promote fin-tech in the country
3) promote innovation by start-ups in the financial sector
4) promote fin-tech in start ups
5) None of these

9. How much amount of loan did Government of India sign with the Asian Development Bank to tackle climate threats at Cauvery delta?
1) $100 million
2) $150 million
3) $120 million
4) $200 million
5) $500 million

10. Which of the following state did recently sign MoU with Cisco to enhance the IT skills of students in the engineering colleges across the state?
1) Bihar
2) Uttar Pradesh
3) Maharashtra
4) Haryana
5) Jharkhand

11. Which of the following state recently signed an agreement with the World Trade Centre (WTC) to promote and strengthen export activities?
1) Maharashtra
2) Tamil Nadu
3) Odisha
4) Gujarat
5) Andhra Pradesh

12. With which of the following companies did NITI Aayog sign SoI to start Atal Tinkering Lab Initiative for Young Innovators?
1) Microsoft India
2) Intel India
3) HP India
4) Dell India
5) Both 2 and 4

13. What is the amount of initial Authorized Share Capital of newly approved Sagarmala Development Company?
1) 90 crore
2) 100 crore
3) 1000 crore
4) 400 crore
5) 10000 crore

14. With which of the following bank did Vistara recently launch a co-branded credit card?
1) ICICI Bank
2) HDFC Bank
3) Axis Bank
4) Yes Bank
5) Federal Bank

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