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

Banking Awareness February 2016




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


(Q.1) Two-day ‘India Investment Summit 2016’ was held in February 2016 at:

  1. Mumbai
  2. New Delhi
  3. Chennai
  4. Kolkata


(Q.2) As revealed from a recent research by IndiaSpend, which among the following was the fastest-growing state in India, with a growth rate of 9.7% in 2013-14?

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


(Q.3) ‘Project Natick’ is a research project to determine the feasibility of subsea data centers. This project has been started by which Tech company?

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


(Q.4) In February 2016, Jai Kumar Garg was appointed as MD and CEO of which public sector bank?

  1. Syndicate Bank
  2. Bank of Baroda
  3. Punjab National Bank
  4. Corporation Bank


(Q.5) As per Brand Finance’s 2016 annual report, ___________ has been rated as world’s most powerful brand in IT services industry

  1. Tata Consultancy Services (TCS)
  2. Infosys
  3. Wipro
  4. Tech Mahindra


(Q.6) Name the Chairman of Securities and Exchange Board of India (SEBI), whose term has been extended by the Govt. for one year

  1. N K Mishra
  2. U K Sinha
  3. N K Saxena
  4. U J Tiwari


(Q.7) Which company has surpassed market capitalization of ‘Apple’ and has thus become ‘world’s most valuable public company’?

  1. IBM
  2. Amazon
  3. Alphabet
  4. Alibaba


(Q.8) Which public sector bank has recently introduced ‘FlexiPay’ home loans with 3 to 5 years interest moratorium?

  1. Indian Overseas Bank
  2. Canara Bank
  3. Indian Bank
  4. State Bank of India


(Q.9) Govt. of India had organised ‘Make In India’ Week in Mumbai from:

  1. 13th – 18th February 2016
  2. 15th – 20th February 2016
  3. 20th – 25th February 2016
  4. 6th – 11th February 2016


(Q.10) What was the theme of ‘Make In India’ Week, organised by Govt. of India from 13th -18th February 2016 in Mumbai?

  1. ‘Inclusiveness and Sustainability’
  2. ‘Innovation, Design and Sustainability’
  3. ‘Innovation and Imagination’
  4. ‘Sustainable Innovation and Design Implementation’



(Q.11) Who among the following has been named ambassador for ‘Make In India’ initiative by Govt. of India?

  1. Cyrus Mystry (Chairman of Tata Group)
  2. Narayana Murthy (Co-founder of Infosys)
  3. Piruz Khambatta (Chairman of Rasna)
  4. Mukesh Ambani (CMD of Reliance Industries)


(Q.12) Which among the following Bank has bagged Indian Banks’ Association (IBA) Banking Technology Award in the category of Best Risk and Fraud Management?

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


(Q.13) Which motor company has appointed Indian cricketer Rohit Sharma as its Global Brand Ambassador?

  1. Ford
  2. Nissan
  3. Toyota
  4. Mercedes


(Q.14) A 11-member expert Committee was constituted by Department of Industrial Policy and Promotion (DIPP) in April 2015 to examine the possibility of replacing multiple prior permissions with a pre-existing regulatory mechanism with adequate safeguards. This committee submitted its recommendations in February 2016. Who head this committee?

  1. Pramod Verma
  2. Ajay Shankar
  3. Ajay Raghuvanshi
  4. Pramod Vakharia


(Q.15) Which bank reported a loss of Rs. 3342.04 crore for October-December 2015, and thus recorded the highest quarterly loss posted by an Indian Bank?

  1. Punjab National Bank
  2. Dena Bank
  3. Bank of Baroda
  4. Oriental Bank of Commerce


(Q.16) According to Monster Salary Index (MSI), which among the following is the highest paying sector in India?

  1. Banking and Financial Services
  2. Information Technology
  3. Pharmaceuticals
  4. Crude and Natural gas


(Q.17) Name the former Vice-Chairman of Tata Consultancy Services (TCS) who was recently honored with the EY Entrepreneur of the Year Lifetime Achievement Award for his pioneering contribution towards the Indian software industry and nation building

  1. F C Mistry
  2. F C Baatliwala
  3. F C Kohli
  4. F C Contractor


(Q.18) Vinita Gupta and Nilesh Gupta have been named EY Entrepreneur of the Year 2015. These two individuals are associated with which pharmaceutical company?

  1. Sun Pharmaceuticals
  2. Lupin
  3. Reddy’s Labs
  4. Cipla


(Q.19) Which Steel manufacturing company has won the inaugural TIME India Award in the category of ‘Best in class Maufacturing’?

  1. Tata Steel
  2. Steel Authority of India
  3. JSW Steel
  4. Jindal Steel


(Q.20) Which Automobile company has won the inaugural TIME India Award in the category of ‘Manufacturing Innovator’?

  1. Tata Motors
  2. Hero Moto Corp
  3. Maruti Suzuki India Ltd.
  4. Mahindra & Mahindra



(Q.21) Employees’ Provident Fund interest rate has been hiked to _____% for 2015-16 from existing 8.75%

  1. 8.80%
  2. 8.85%
  3. 8.90%
  4. 8.95%


(Q.22) Apple has confirmed to setup its first technology development centre outside of United States. This offshore centre will be setup in which Indian city?

  1. Mumbai
  2. Hyderabad
  3. New Delhi
  4. Chennai


(Q.23) TAL Manufacturing Solutions of Tata Motors will launch India’s first indigenous industrial-articulated robot within next two months. This robot has been named:

  1. Tata Spock
  2. Tata Bot
  3. Tata Brabo
  4. Tata Neuron


(Q.24) In February 2016, which Bank launched ‘Japan Desk’ in New Delhi – a first-of-its-kind initiative to facilitate Japanese corporates looking to invest here with banking and advisory services

  1. ICICI Bank
  2. HDFC Bank
  3. State Bank of India
  4. Axis Bank


(Q.25) The government has ordered a merger of scam-hit National Spot Exchange (NSEL) with its parent _________

  1. Financial Technologies India Ltd.
  2. Money Technologies India Ltd.
  3. Fund Technologies India Ltd.
  4. Corpus Technologies India Ltd.


(Q.26) In February 2016, which company unveiled world’s first smart phone with a built-in thermal imaging camera?

  1. Tesla
  2. Caterpillar
  3. Motorola
  4. Apple


(Q.27) Carmaker ‘Volvo’ is aiming to become the first automobile manufacturer to replace physical car keys with a smartphone app. Where is the headquarters of ‘Volvo’?

  1. Germany
  2. United States
  3. Sweden
  4. Japan


(Q.28) Who among the following has been hired by Paytm to head its Payments Bank?

  1. Vaidehi Kumar
  2. Anuradha Gupta
  3. Shikha Mishra
  4. Shinjini Kumar


(Q.29) Which private sector bank has partnered with UltraCash Technologies to launch payments processing through sound waves?

  1. Yes Bank
  2. ICICI Bank
  3. HDFC Bank
  4. Kotak Mahindra Bank


(Q.30) Aditya Birla Nuvo Ltd(ABNL) has announced formation of a joint venture with group firm______________to set up a payments bank

  1. Grasim Industries
  2. Hindalco Industries
  3. Idea Cellular
  4. UltraTech Cement


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Thank You

Team EntranceGeek