Banking Awareness February 2017 Banking Awareness February 2017
Banking Awareness February 2017     Friends, Following questions are based on important Banking, Economy and Finance sector news for the month of February... Banking Awareness February 2017

Banking Awareness February 2017

 

 

Friends,

Following questions are based on important Banking, Economy and Finance sector news for the month of February 2017:

 

(Q.1) Which e-platoform has been launched by Income Tax Department (ITD), to analyse large cash deposits made during the demonetisation window (9 November to 30 December 2016)?

  1. Operation Cash Chase
  2. Operation Clean Money (Swachh Dhan Abhiyan)
  3. Operation Cash Track
  4. Operation Cash Trail

 

(Q.2) Vikram Limaye has been named as the new managing director and chief executive officer (MD & CEO) of:

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

 

(Q.3) Which private sector bank has launched ‘Mission FINFIT’, a mobile application through which it has planned to offer investment solutions to its customers?

  1. Karnataka Bank
  2. Kotak Mahindra Bank
  3. Lakshmi Vilas Bank
  4. Karur Vysya Bank

 

(Q.4) As mentioned by Revenue Secretary Hasmukh Adhia, Starting from 1st April 2017, anyone who receives cash in excess of Rs _______ as part of any transaction will have to pay a penalty of equal amount

  1. 1 lakh
  2. 3 lakh
  3. 5 lakh
  4. 10 lakh

 

(Q.5) Which international organisation has opened a first-of-its-kind South Asia Regional Training and Technical Assistance Centre (SARTTAC) in New Delhi for economic capacity building in South Asia?

  1. International Monetary Fund(IMF)
  2. World Bank
  3. New Development Bank (NDB)
  4. World Trade Organisation (WTO)

 

(Q.6) Which Indian company has recently signed a Master Ship Repair Agreement (MSRA) with US Navy?

  1. Larsen & Toubro (L&T)
  2. Reliance Defence and Engineering Ltd
  3. Bharat Forge
  4. Bharat Electronics Limited (BEL)

 

(Q.7) Which state has signed a Memorandum of Understanding (MoU) with Microsoft to leverage cloud technology in order to drive the digital ambitions of the state?

  1. Haryana
  2. Chhattisgarh
  3. Jharkhand
  4. Odisha

 

(Q.8) Fertiliser major IFFCO has tied up with which public sector bank to launch co-branded debit cards for farmers as part of strategy to promote cashless transactions in the rural area?

  1. State Bank of India
  2. Corporation Bank
  3. Central Bank of India
  4. Bank of Baroda

 

(Q.9) Cricketer Virat Kohli has struck an eight-year deal with sports lifestyle brand ­­­­______ worth about Rs 110 crore and has thus become the first Indian sportsperson to sign Rs 100-crore endorsement deal with a single brand

  1. Puma
  2. Adidas
  3. Nike
  4. Benetton

 

(Q.10) Which telecom operator has announced the acquisition of Norwegian telecom giant Telenor’s India operations for Rs 7,000 crore?

  1. Idea Celluar
  2. Bharti Airtel
  3. Reliance Communications
  4. Reliance Jio

 

 

(Q.11) As per an assessment done by Brand Finance, the world’s leading brand valuation firm, which Indian company has emerged as third most valued brand in the Global IT Services industry after IBM and Accenture?

  1. Infosys
  2. Wipro
  3. HCL Technologies
  4. Tata Consultancy Services (TCS)

 

(Q.12) Entrepreneurship Development Institute of India (EDII), an acknowledged national resource institute for entrepreneurship education, research, training and institution-building, has received the prestigious International Mercury Awards for the year 2016-17 for the best overall presentation of its 2015-2016 annual report. EDII is located in:

  1. Nagpur, Maharashtra
  2. Jaipur, Rajasthan
  3. Bhopal, Madhya Pradesh
  4. Ahmedabad, Gujarat

 

(Q.13) Andhra Pradesh Govt. has recently unveiled its plans to develop _________ as Fintech hub of the country and has signed MoUs with Visa and Thomson Reuters

  1. Visakhapatnam
  2. Kakinada
  3. Guntur
  4. Nellore

 

(Q.14) As per data released by the Department of Industrial Policy and Promotion (DIPP), Foreign direct investment (FDI) in India grew ___% during 2016 to touch $46 billion 

  1. 13%
  2. 18%
  3. 23%
  4. 28%

 

(Q.15) Which among the following entity has recently mentioned that India will be the fastest growing economy among G-20 countries clocking a 7.1 per cent growth in 2017

  1. World Bank
  2. International Monetary Fund (IMF)
  3. Moody’s Investors Service
  4. Standard & Poor’s (S&P)

 

(Q.16) Small Industries Development Bank of India (SIDBI) has signed a Memorandum of Understanding (MoU) with ________________ for providing concessional finance to Micro and Small Enterprises (MSEs). The theme of the MoU is ‘MSME Credit @ Corporate Rates’

  1. UCO Bank
  2. Oriental Bank of Commerce
  3. Indian Overseas Bank
  4. Vijaya Bank

 

(Q.17) Which State Govt. has signed MoU with NABARD for a loan of Rs 874 crore to the Horticulture Development Corporation?

  1. Telangana
  2. Andhra Pradesh
  3. Kerala
  4. Sikkim

 

(Q.18) On the occasion of its 75th Foundation Day, Oriental Bank of Commerce (OBC) has come up with several digital offerings including launch of mobile wallet called:

  1. ‘Oriental mDhan’
  2. ‘Oriental Batuaa’
  3. ‘Oriental Pockey’
  4. ‘Oriental Change’

 

(Q.19) Sandeep Jajodia has been recently elected as President of:

  1. National Association of Software and Services Companies
  2. Federation of Indian Chambers of Commerce and Industry
  3. Associated Chambers of Commerce and Industry of India (ASSOCHAM)
  4. Confederation of Indian Industry(CII)

 

(Q.20) US based defence contractor and industrial corporation Raytheon Company has signed MoU with ________________________, to co-produce Stinger air defence missile components in India

  1. Larsen & Toubro (L&T)
  2. Reliance Defence and Engineering Ltd
  3. Bharat Forge
  4. Tata Advanced Systems Limited (TASL)

 

 

(Q.21) Which public sector bank has introduced (Radio Frequency Identification) RFID-enabled banking cards whereby a branch/relationship manager can identify a valued client entering a branch with the card?

  1. Vijaya Bank
  2. Indian Bank
  3. Dena Bank
  4. Bank of Maharashtra

 

(Q.22) Indian Railways has signed a pact with which entity to introduce accrual accounting at 17 Railway zones and 8 production units across the country?

  1. KPMG
  2. Deloitte
  3. Institute of CharteredAccountants of India (ICAI)
  4. Ernst & Young

 

(Q.23) Which among the following private sector bank has been awarded ISO 27001: 2013 certification for its Information Security Management System (ISMS)?

  1. Axis Bank
  2. Federal Bank
  3. Lakshmi Vilas Bank
  4. South Indian Bank

 

(Q.24) Cash purchases of jewellery will attract 1 per cent TCS (tax collected at source) from 1st April 2017, if the amount exceeds Rs ____, as against the current threshold of Rs 5 lakh 

  1. 1 lakh
  2. 2 lakh
  3. 3 lakh
  4. 4 lakh

 

(Q.25) Odisha State Govt. has signed a memorandum of understanding (MoU) with which airlines for running direct international flights from Bhubaneswar to Kuala Lumpur?

  1. Cathay Pacific
  2. AirAsia
  3. IndiGo
  4. Jet Airways

 

(Q.26) Which public sector bank has signed a memorandum of understanding with the Ministry of Human Resource Development (MHRD) to operationalise the Higher Education Financing Agency (HEFA)?

  1. State Bank of India (SBI)
  2. Bank of Baroda
  3. Canara Bank
  4. Punjab National Bank

 

(Q.27) Which company has entered into a joint venture with European arms manufacturing group MBDA to supply missiles and missile systems to the Indian armed forces?

  1. Larsen & Toubro (L&T)
  2. Reliance Defence and Engineering Ltd
  3. AIA Engineering
  4. Bharat Electronics Limited (BEL)

 

(Q.28) Who among the following has been appointed as the ninth Chairman of the Securities and Exchange Board of India (SEBI)?

  1. Ajay Tyagi
  2. Akshay Lahoti
  3. Manoj Gupta
  4. Mukesh Patel

 

(Q.29) India has ranked _______ out of 186 economies in the annual Index of Economic Freedom 2017 (released by top US based Think Tank, The Heritage Foundation) that measures the degree of economic freedom in the countries of the world

  1. 148th
  2. 143rd
  3. 138th
  4. 133rd

 

(Q.30) Which country has topped the annual Index of Economic Freedom 2017 (released by top US based Think Tank, The Heritage Foundation) that measures the degree of economic freedom in the countries of the world?

  1. Norway
  2. Australia
  3. Sweden
  4. Hong Kong

 

Also Read:

>>> Banking Awareness Questions – January 2017

>>> Current Affairs Monthly Magazine – PDF Download

>>> 1000+ Current Affairs Questions

 

Thank You

Team EntranceGeek

 

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