Banking Awareness June 2016 Banking Awareness June 2016
Banking Awareness June 2016     Friends, Following questions are based on important Banking, Economy and Finance sector news for the month of June... Banking Awareness June 2016

Banking Awareness June 2016

 

 

Friends,

Following questions are based on important Banking, Economy and Finance sector news for the month of June 2016:

 

(Q.1) India ranked _______ on 2016 Global Retail Development Index (GRDI), which ranks top 30 developing countries for retail investment worldwide

  1. First
  2. Second
  3. Third
  4. Fourth

 

(Q.2) Which country topped the 2016 Global Retail Development Index (GRDI), which ranks top 30 developing countries for retail investment worldwide?

  1. China
  2. Brazil
  3. South Africa
  4. Russia

 

(Q.3) In order to strengthen the lenders’ ability to deal with stressed assets and to put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties, the Reserve Bank of India has issued guidelines on a S4A. What does S4A stand for?

  1. Systemic Structuring of Standard Assets
  2. Sustainable Standards of Stressed Assets
  3. Sustainable Structuring of Stressed Assets
  4. Systemic Structuring of Stressed Assets

 

(Q.4) ______________ was has been awarded the National Award for Best Performing Central PSU for Roof Top Solar Power initiatives 

  1. Antrix Corporation
  2. Airports Authority of India
  3. Bharat Heavy Electricals Ltd.
  4. Coal India Ltd.

 

(Q.5) In June 2016, which international financial institution announced plan to issue its first five-year yuan-denominated bonds, also referred as green bonds?

  1. New Development Bank (NDB)
  2. Asian Development Bank (ADB)
  3. World Bank
  4. International Monetary Fund (IMF)

 

(Q.6) Adani Enterprises is in the process of setting up a copper smelter project with a capacity of one million tonnes per annum at an investment of Rs. 10,000 crore at Adani Port Special Economic Zone (APSEZ) in:

  1. Maharashtra
  2. Gujarat
  3. Tamil Nadu
  4. Odisha

 

(Q.7) _____________ has recently received the Reserve Bank approval to start an online bidding platform for Sovereign Gold Bond scheme

  1. National Stock Exchange (NSE)
  2. Multi Commodity Exchange (MCX)
  3. Bombay Stock Exchange (BSE)
  4. National Commodity and Derivatives Exchange (NCDEX)

 

(Q.8) With an aim to help businesses and small teams collaborate and track work, which company has launched an app called ‘Planner’?

  1. IBM
  2. Apple
  3. Google
  4. Microsoft

 

(Q.9) Market regulator SEBI has put in place a stricter KYC and disclosure regime for P-Notes to make it tougher to use these offshore instruments without disclosing the money-trail and details of their users. P-Notes stand for:

  1. Participatory Notes
  2. Purchase Notes
  3. Promotion Notes
  4. Private Notes

 

(Q.10) In June 2016, which private sector bank raised $500 million at the London Stock Exchange after it unveiled India’s first internationally-listed certified green bond to finance climate change solutions around the world?

  1. HDFC Bank
  2. Axis Bank
  3. ICICI Bank
  4. Yes Bank

 

 

(Q.11) Twitter’s official mascot, the bird which features in the company’s logo, has been named:

  1. ‘Laura’
  2. ‘Lionel’
  3. ‘Larry’
  4. ‘Lilly’

 

(Q.12) Name the co-founder and CEO of Chennai based Uniphore, who is the only Indian in Time Magazine’s list of “10 millennials who are changing the world”

  1. Raghav Pandey
  2. Rajesh Ahuja
  3. Urvish Parikh
  4. Umesh Sachdev

 

(Q.13) According to Reserve Bank of India’s first edition of the Handbook of Statistics on Indian States, which among the following continued to be the richest state with highest  gross state domestic product (GSDP) in 2014-15?

  1. Maharashtra
  2. Gujarat
  3. Punjab
  4. Karnataka

 

(Q.14) According to Reserve Bank of India’s first edition of the Handbook of Statistics on Indian States, which state registered highest gross fiscal deficit in 2014-15?

  1. Bihar
  2. Tamil Nadu
  3. Uttar Pradesh
  4. Jharkhand

 

(Q.15) In June 2016, India Post released a My Stamp with which e-commerce company to commemorate three years of its tie-up with the website and celebrate the e-commerce marketplace’s third anniversary in the country?

  1. Flipkart
  2. Snapdeal
  3. Amazon India
  4. Shopclues

 

(Q.16) Which among the following bank has bagged CFBP Jamnalal Bajaj Award for Fair Business Practices?

  1. Federal Bank
  2. Kotak Mahindra Bank
  3. Vijaya Bank
  4. Karnataka Bank

 

(Q.17) Which international financial organization has approved $500 million loan for constructing a road bridge across river Ganga in Bihar?

  1. Asian Development Bank (ADB)
  2. New Development Bank (NDB)
  3. World Bank
  4. International Monetary Fund (IMF)

 

(Q.18) Who among the following was appointed as Deputy Governor of the Reserve Bank of India in June 2016

  1. NS Vishwanathan
  2. NS Iyer
  3. NS Ramadorai
  4. NS Rajshekhar


(Q.19) Which among the following company has bagged the Ministry of New and Renewable Energy (MNRE) award for rooftop solar power projects?

  1. Tata Power Solar
  2. Adani Power
  3. Reliance Power
  4. Jindal Steel and Power

 

(Q.20) In order to assist start-ups in the financial technology (fintech) space, which public sector bank has set up a Rs 200 crore fund?

  1. Bank of Baroda
  2. Corporation Bank
  3. Punjab National Bank
  4. State Bank of India

 

 

(Q.21) According to BP Statistical Review of World Energy, which country has surpassed Japan to become the world’s third-largest oil consumer, with its oil demand galloping 8.1 per cent in 2015?

  1. India
  2. Brazil
  3. South Africa
  4. Singapore

 

(Q.22) According to BP Statistical Review of World Energy, which country is the largest oil-consumer in the world?

  1. China
  2. United States
  3. Russia
  4. Germany

 

(Q.23) Which among the following company has announced the launch of ‘Privacy Knight’, India’s first free app-lock with Face Lock feature that protects mobile privacy from intruders?

  1. Alibaba
  2. Micromax
  3. Apple
  4. Amazon

 

(Q.24) The Indian unit of which tech company along with Tata Trust has launched ‘Internet Saathi’ program in West Bengal which will focus on training women and larger communities in the state to learn and explore various uses and benefits of the Internet?

  1. Facebook
  2. Google
  3. Apple
  4. Microsoft

 

(Q.25) Which four countries will get the first set of loans totaling US $ 509 million from China-sponsored Asian Infrastructure Investment Bank?

  1. Pakistan, Bangladesh, Tajikistan and Indonesia
  2. Pakistan, Bangladesh, Nepal and Sri Lanka
  3. Pakistan, Bangladesh, Tajikistan and Sri Lanka
  4. Pakistan, Bangladesh, Nepal and Sri Lanka

 

(Q.26) Name of SKS Microfinance Limited (only listed company in the microfinancing space in India) has been changed to:

  1. Bharat Financial Inclusion Limited
  2. Indus Financial Inclusion Limited
  3. India Financial Inclusion Limited
  4. Jan Dhan Financial Inclusion Limited

 

(Q.27) Which bank has recently announced the launch of its Remit2India service, a secure online money transfer service for NRIs?

  1. Syndicate Bank
  2. Canara bank
  3. South Indian Bank
  4. Karur Vysya Bank

 

(Q.28) Which among the following company has been selected as the technical partner for HRD ministry’s SWAYAM (Study Webs of Active-Learning for Young Aspiring Minds) platform that will launch 2,000 massive open online courses (MOOC) for over three crore students this year?

  1. Apple
  2. Facebook
  3. Google
  4. Microsoft

 

(Q.29) Which insurance company has roped in Cricketer M S Dhoni as its brand ambassador?

  1. Exide Life Insurance
  2. Edelweiss Tokio Life Insurane
  3. ICICI Prudential Life Insurance
  4. Bajaj Allianz

 

(Q.30) Which platform has been launched by Commerce Ministry to promote and facilitate Korean Investments in India?

  1. ‘Welcome Korea’
  2. ‘Korea Desk’
  3. ‘Korea Plus’
  4. ‘Korea Carpet’

 

Also Read:

>>> 1000+ Current Affairs Questions

>>> Banking Awareness May 2016

>>> Current RBI Monetary Policy

 

Thank You

Team EntranceGeek