Expected General / Financial Awareness Questions (Day-19)

Dear Readers, SBI Clerk, Syndicate Bank PO and Canara Bank PO Exams were approaching shortly, and this is the right time to rush up your preparation. In Banking examination General Awareness Part plays a most vital role which help aspirants to increase their Overall Score. For Banking Exams you have to focus more on Financial Awareness Part, only few sources are there to provide Expected General/Financial Awareness Questions. Here we have given the List of Expected General Financial Awareness Questions for Upcoming Banking Exams 2018.

We IG Team have provided the Expected General/Financial Awareness Questions Specially for Upcoming Syndicate PO, Canara PO and SBI Clerk Exam 2018.

Expected General / Financial Awareness Questions (Day-19)

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Q1.Amplus Energy Solutions announced entering into a pact with private sector lender ___________ for strategic tie-up to co-finance projects in the solar energy space in India.

  1. Axis Bank
  2. HSBC
  3. HDFC
  4. CITI Bank
  5. Yes Bank

Q2.Which Bank has approved raising Rs 8,000 crore through various sources, including masala bonds, to meet Basel III capital norms recently?

  1. CITI
  2. BOB
  3. SBI
  4. PNB
  5. Axis Bank

Q3.Which Bank has signed an MoU with LIC to offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?

  1. RBI
  2. SBI
  3. Corporate Bank
  4. AU Small Finance
  5. NABARD

Q4.State-run ____________ has received capital infusion of Rs. 2,257 crore from the government recently.

  1. Union Bank
  2. Bank of India
  3. SBI
  4. Bank of Baroda
  5. Nainital Bank

Q5.Who is the present Chairman of SBI?

  1. Rajnish Kumar
  2. Hari Preet
  3. Pankaj Lalwani
  4. Parul Aggarwal
  5. Sakshi Gupta

Q6. Paytm has set up a new entity called Paytm Money Ltd that will offer investment and wealth management products and will invest close to ____________ upfront in the new entity.

  1. $10 million
  2. $11 million
  3. $12 million
  4. $13 million
  5. $14 million

Q7.Bad loans of Public sector banks (PSBs) stood at _______________ by the end of second quarter this fiscal (2017-18), a bulk of which came from corporate defaulters, private sector banks’ NPAs were considerably low.

  1. Rs 4.34 lakhcrore
  2. Rs 5.34 lakhcrore
  3. Rs 6.34 lakhcrore
  4. Rs 7.34 lakhcrore
  5. Rs 8.34 lakhcrore

Q8.Name the Managing Director & CEO of Andhra Bank.

  1. Saketh
  2. Suresh
  3. Sudheer
  4. Sandeep
  5. Sagar Shah

Q9.Bank of China has formally launched its operations in Pakistan with its first branch inaugurated in

  1. Punjab
  2. Hyderabad
  3. Karachi
  4. Peshawar
  5. Islamabad

Q10.Name the Bank, which has entered into a “strategic alliance” with mobile wallet major MobiKwik to launch a co-branded virtual Visa prepaid card for customers of MobiKwik recently?

  1. HDFC
  2. HSBC
  3. IDFC
  4. SBI
  5. ICICI

Q11.Which state government has launched Zero Budget Natural Farming (ZBNF) project to promote organic farming?

  1. Uttar Pradesh
  2. Odisha
  3. Himachal Pradesh
  4. Haryana
  5. Punjab

Q12.India has signed how much amount of loan agreement with ADB for construction of over 6,200-kilometre rural roads in five states?

  1. 250 million dollar
  2. 350 million dollar
  3. 450 million dollar
  4. 550 million dollar
  5. 650 million dollar

Q13.What is the India’s rank in the list of wealthiest countries, according to a new report by New World Wealth?

  1. 5th
  2. 9th
  3. 2nd
  4. 6th
  5. 28th

Q14.The Union Government has recently allowed which scheme for Small Finance Banks and Payments Banks?

  1. Atal Pension Yojana
  2. Midday meals
  3. Health Card Scheme
  4. 2nd Commission
  5. None of the above

Q15.Which Indian bank has recently signed pact with National Housing Bank (NHB) for Rural Housing Interest Subsidy Scheme (RHISS) scheme?

  1. BOB
  2. HDFC
  3. ICICI
  4. Indian Overseas Bank
  5. SBI

Answers:

  1. Answer: e

Amplus Energy Solutions announced entering into a pact with private sector lender Yes Bank for strategic tie-up to co-finance projects in the solar energy space in India. The memorandum of understanding (MoU) was signed at International Solar Alliance pavilion at the World Future Energy Summit, Abu Dhabi.

  1. Answer: c

The country’s largest lender SBI said its board has approved raising Rs. 8,000 crore through various sources, including masala bonds, to meet Basel III capital norms.

  1. Answer: d

Banking finance company AU Small Finance Bank has signed an MoU with LIC to offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).

Under the MoU, LIC will give a life cover of ₹2 lakh in case of death to the customer at a nominal premium of ₹330 per annum.

  1. Answer: b

The Bank of India has received capital infusion of Rs 2,257 crore from the government. The state-run bank disclosed the nature and purpose of the received funds in a regulatory filing.

  1. Answer: a

Rajnish Kumar, 59, the senior most of the managing directors at State Bank of India (SBI), became the 25th chairman of the country’s largest lender, succeeding Arundhati Bhattacharya.

  1. Answer: a

Paytm, run by One97 Communications Ltd, has set up a new entity called Paytm Money Ltd that will offer investment and wealth management products and will invest close to $10 million upfront in the new entity.

  1. Answer: d

Bad loans of Public sector banks (PSBs) stood at Rs 7.34 lakh crore by the end of second quarter this fiscal, a bulk of which came from corporate defaulters, according to Reserve Bank data.

  1. Answer: b

Suresh N Patel has assumed charge as Managing Director and CEO of Andhra Bank.Patel, who had started his career in banking as an agricultural officer in Dena Bank in 1981, had earlier served as executive director of Oriental Bank of Commerce and has diverse experience in various roles.

  1. Answer: c

The Bank of China formally launched its operations in Pakistan as it opened its first branch in the countrys commercial capital Karachi.

The inauguration ceremony was performed in the capital Islamabad by President Mamnoon Hussain.

  1. Answer: c

IDFC Bank, MobiKwik, and Net1 have partnered to launch a co-branded virtual prepaid card on the Visa platform to customers of MobiKwik.

Around 65 million users of the MobiKwik wallet will gain access to an IDFC Bank virtual card embedded within the app, making digital purchases at all e-commerce merchants easier and faster.

11.Answer: c

The Governor of Himachal Pradesh, Acharya Devvrat, launched the Zero Budget Natural Farming project with the motive that farmers of the state would adopt organic farming. The launch took place in the presence of Chief Minister Jai Ram Thakur.

12.Answer: a

Asian Development Bank and the Centre have signed a 250 million dollar loan to finance the construction of over 6,200 kilometres all-weather rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Pradhan Mantri Gram Sadak Yojana (PMGSY).

The program is aimed at improving rural connectivity, facilitating safer and more efficient access to livelihood and socio-economic opportunities for rural communities through improvements to about 12 thousand kilometres Rural Roads across the 5 States.

13.Answer: d

India has been ranked sixth in the list of wealthiest countries with total wealth of $8,230 billion, while the United States topped the chart, says a report by New World Wealth.

According to the report, the United States is the wealthiest country in the world as the total wealth held in 2017 amounted to $64,584 billion, followed by China at the second place with $24,803 billion and Japan with $19,522 billion at third.

14.Answer: a

The Finance Ministry said payments banks and small finance banks will offer Atal Pension Yojana (APY).

“To strengthen the existing channels of APY distribution, it is felt that these new Payments Banks and Small Finance Banks will provide a boost to the outreach of subscribers under APY,” an official statement said.

15.Answer: d

Indian Overseas Bank has signed an MoU with National Housing Bank for the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Development.

The agreement was signed by R Subramaniakumar, MD and CEO of Indian Overseas Bank, and Sriram Kalyanaraman, MD and CEO of the National Housing Bank, on January 22, according to a statement. The aim of the RHISS is to provide subsidy for housing loans taken by those living in rural areas for construction and modifications of their dwelling units.

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