Banking Awareness November 2016
Following questions are based on important Banking, Economy and Finance sector news for the month of November 2016:
Note: More Questions will be posted on 30th November 2016
(Q.1) The GST Council has decided to have four slabs under the GST regime, as follows:
- 8%, 15%, 21% and 31%
- 7%, 14%, 20% and 30%
- 6%, 13%, 19% and 29%
- 5%, 12%, 18% and 28%
(Q.2) Central Vigilance Commission has now made it mandatory for public sector banks to report to it all fraud cases involving funds over:
- Rs. 50 lakhs
- Rs. 1 crore
- Rs. 5 crore
- Rs. 10 crore
(Q.3) City Union Bank (CUB) has become the first bank in India to introduce a robot to deal with customer queries. This robot has been named:
(Q.4) Which Indian Cricketer has been roped in by Equitas Small Finance Bank as its Brand Ambassador?
- Virat Kohli
- M S Dhoni
- Rohit Sharma
- Ravichandran Ashwin
(Q.5) In November 2016, which International Financial Institution approved a $48 million loan to boost Assam’s power sector?
- Asian Development Bank (ADB)
- World Bank
- International Monetary Fund
- New Development Bank (NDB)
(Q.6) Who among the following has been recently appointed as Executive Director of Reserve Bank of India (RBI)?
- Laxman Moorthy
- M Rajeshwar Rao
- Shivam Reddy
- V S Ramalingam
(Q.7) Which among the following E-commerce firm has launched a new “Wallet on Delivery” (WoD) feature which will allow users to pay on delivery by using a “FreeCharge” wallet?
(Q.8) Which among the following companies has tied up with Archaeological Survey of India (ASI) for 360 degree virtual tour of 280-odd monuments across India?
(Q.9) Which among the following public sector undertaking has won the prestigious 2016 Golden Peacock Award for Corporate Governance?
(Q.10) Which among the following has become India’s first firm to get debt recast under RBI’s new Scheme for Sustainable Structuring of Stressed Assets (S4A)?
- Suzlon Energy
- Hindustan Construction Company (HCC)
- JP Associates
- GMR Infra
(Q.11) Which public sector bank has signed an MoU with Indian Army on the Defence Salary Package which will come with a host of facilities, including free insurance cover?
- State Bank of India (SBI)
- Bank of Baroda (BOB)
- Corporation Bank
- Syndicate Bank
(Q.12) Which entity got final licence for Small Finance Bank from Reserve Bank of India (RBI) in November 2016?
- Disha Microfin
- Janalakshmi Financial Services
- Utkarsh Micro Finance
- Ujjivan Financial Services
(Q.13) Which entity has launched ‘Startup Mentorship Circle’, a unique platform to help in connecting start-ups with the global marketplace?
- Confederation of Indian Industry (CII)
- Small Industries Development Bank of India (SIDBI)
- National Bank for Agriculture and Rural Development (NABARD)
- National Association of Software and Services Companies (NASSCOM)
(Q.14) Yatra.com, an online travel company, has signed a memorandum of understanding with the __________ government to promote home stays in the state and to highlight the state’s unique tourist attractions
- Madhya Pradesh
(Q.15) Who among the following has been named Fortune’s 2016 Business Person of The Year?
- Jeff Bezos, CEO of Amazon
- Jack Ma, Executive Chairman of Alibaba Group
- Mark Zukerberg, CEO of Facbook
- Tim Cook, CEO of Apple
(Q.16) Which among the following companies has announced that it has signed a memorandum of understanding (MoU) with Union Human Resources Development Ministry to create more job opportunities for students across India?
(Q.17) Axis Bank, in collaboration with the e-retailer _______ has launched ‘Axis Bank Buzz Credit Card’ payment solution in an attempt to enhance the customer’s online shopping experience
(Q.18) The International Monetary Fund (IMF) has approved $12 billion loan to _______, which is the largest of its kind so far in the Middle East region
(Q.19) The new Indian Currency Note of Rs. 500 denomination will have an image of:
- Taj Mahal
- Red Fort
- Qutb Minar
(Q.20) The new Indian Currency Note of Rs. 2000 denomination will have an image of:
- Taj Mahal
- Red Fort
- Qutb Minar
(Q.21) As per a recent study carried out by Trust Research Advisory (TRA), which among the following has been ranked as the most attractive Internet brand in India?
(Q.22) Google Capital, the search giant’s venture arm that invests in growth-stage companies, has changed its name to:
(Q.23) Which two leading Indian companies have been awarded for their leadership in sustainability, corporate social responsibility, eco consciousness and community care at the third annual Asia Corporate Excellence and Sustainability Awards (ACES)?
- TATA Consultancy Services (TCS) and Infosys
- Infosys and Vedanta
- TATA Consultancy Services (TCS) and Vedanta
- Wipro and HCL Technologies
(Q.24) Online travel company Yatra.com has signed an agreement with the __________ State Govt. to promote all the state tourism approved home stays
- Himachal Pradesh
(Q.25) Reserve Bank of India (RBI) has formed a task force headed by deputy governor _________ to re-calibrate all ATMs and cash dispensing machines with the new Rs 500 and Rs 2000 currency notes
- S S Mundra
- R Gandhi
- Rakesh Mohan
- N S Vishwanathan
(Q.26) C V R Rajendran has been appointed as new MD and CEO of which private sector bank?
- Federal Bank
- Catholic Syrian Bank
- Karur Vysya Bank
- South Indian Bank
(Q.27) For putting in place the operational framework for insolvency and bankruptcy law, Insolvency and Bankruptcy Board of India (IBBI) is being assisted by two advisory panels with inputs on various aspects, including on service providers and corporate liquidation. The nine-member advisory committee on service providers is headed by educationist _________ while the panel on corporate insolvency and liquidation is chaired by noted banker _________.
- Sudarshan Sen, K V Kamth
- Sudarshan Sen, Uday Kotak
- Mohandas Pai, Uday Kotak
- Mohandas Pai, K V Kamath
(Q.28) Twitter India in partnership with non-profit data journalism initiative IndiaSpend have launched ________, an independent and real-time air quality monitoring public service initiative on Twitter
(Q.29) Ranked 36th on the list of 50 business leaders, who among the following is the only Indian business chief to have secured a position on Fortune’s businessperson of the year report?
- Aditya Puri of HDFC Bank
- Mukesh Ambani of Reliance Industries
- Dilip Shanghvi of Sun Pharmaceuticals
- Azim Premji of Wipro
(Q.30) In November 2016, which company launched Swift 7 laptop in India, which it claims is the world’s first laptop to measure less than 1cm?
(Q.31) Pankaj Patel who has been elected as president of industry body FICCI (Federation of Indian Chambers of Commerce and Industry) for 2017 is the CMD of which pharmaceutical company?
- Aurobindo Pharma
- Zydus Cadila
- Torrent Pharmaceuticals
(Q.32) The Centre has decided to set up a sub-committee of Chief Ministers to review the ground- level situation following its decision to demonetise high value currency and suggest possible ways to ease problems. Who among the following will head this sub-committee?
- Gujarat Chief Minister Vijay Rupani
- Bihar Chief Minister Nitish Kumar
- Madhya Pradesh Chief Minister Shivraj Singh Chouhan
- Andhra PradeshChief Minister N Chandrababu Naidu
(Q.33) In November 2016, which sportsperson signed a Lifetime Contract with Nike in a deal that could be worth more than $1 Billion?
- Cristiano Ronaldo
- Roger Federer
- Virat Kohli
- Lionel Messi
(Q.34) _____________ has launched India’s first live payments bank in November 2016, which would provide an interest of 7.25% per annum on deposits
- Department of Posts
- Reliance Industries
(Q.35) The Centre has announced the formation of a new committee, headed by ________, to form a strategy to expedite the process of transforming India into a cashless economy.
- Urjit Patel
- Amitabh Kant
- Arvind Panagariya
- Deepak Parekh