Financial Current Affairs Quiz for UBI PO and RBI Grade B 2016 - July - Set 3



Hello and welcome to exampunditHere is the  first set of Financial Current Affairs Questions for the upcoming UBI PO and RBI Grade B 2016. These are based on the Current Affairs from July, 2016 last 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 received an in-principle approval from the capital markets regulator SEBI to set up an asset management company and a trustee company?
1) ICICI Bank
2) Yes Bank
3) Standard Chartered Bank
4) IndusInd Bank
5) HDFC Bank



2. On which of the following banks did RBI recently impose 2 crore rupees penalty for lapses in adhering to anti-money laundering guidelines?
1) Punjab National Bank
2) Bank of Baroda
3) Syndicate Bank
4) HDFC Bank
5) Yes Bank



3. State Bank of India (SBI) has launched an Instant Money Transfer (IMT) Payment System on its ATMs. What is the maximum amount can be sent using IMT?
1) 1000 rupees
2) 10000 rupees
3) 100000 rupees
4) 1000000 rupees
5) 50000 rupees/day



4. What was India’s rank in Sustainable Development Goal Index 2016?
1) 111th
2) 110th
3) 100th
4) 108th
5) 130th



5. Which of the following organisations released the Sustainable Development Goal Index 2016?
1) World Bank
2) Asian Development Bank
3) International Monetary Fund
4) United Nations
5) United Nations Economic and Social Council



6. How much amount of line of credit did India recently approve for Sri Lanka’s railway improvement?
1) $315 million
2) $318 million
3) $315.8 million
4) $310 million
5) $318.5 million


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7. How much amount of additional investment did Union Government approve for affordable housing for construction of nearly 2.44 lakh houses for urban poor under Pradhan Mantri Awas Yojana (Urban)?
1) Rs. 16,641 crore
2) Rs. 16,261 crore
3) Rs. 14,661 crore
4) Rs. 16,621 crore
5) Rs. 17,141 crore



8. Which of the following banks recently entered into an MoU with Indian Oil Corporation (IOC) to engage IOC Kisan Seva Kendras (KSK) as Business Correspondents (BCs)?
1) Axis Bank
2) State Bank of India
3) Bank of Maharashtra
4) HDFC Bank
5) Federal Bank



9. What was the rank of Indian Oil Corporation in the 2016 Fortune Global 500 list?
1) 161st
2) 164th
3) 163rd
4) 167th
5) 162nd



10. How much amount of grant did Government approve for Jammu and Kashmir under skill development initiative 'Himayat'?
1) 1603 crore
2) 1601 crore
3) 1611 crore
4) 1631 crore
5) 1610 crore




Regards



Team ExamPundit

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