Expected General / Financial Awareness Questions (Day-20)

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.

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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-20)

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Q1.Which country has acquired the top spot for global investment, as per latest PwC 21st CEO Survey 2018?

  1. USA
  2. UK
  3. France
  4. China
  5. Russia

Q2.India has signed how much amount of loan agreement with World Bank (WB) to improve access to water supply in Uttarakhand?

  1. $ 520 million
  2. $ 420 million
  3. $ 320 million
  4. $ 220 million
  5. $ 120 million

Q3.What is the India’s GDP growth forecast for 2018, as per IMF’s latest World Economic Outlook (WEO) update?

  1. 7.1 %
  2. 7.2 %
  3. 7.3 %
  4. 7.4 %
  5. 7.5 %

Q4.What is the India’s rank among emerging economies at the WEF’s Inclusive Development Index (IDI-2018)?

  1. 60
  2. 61
  3. 62
  4. 63
  5. 64

Q5.The Union Government will set up how much amount of Solar Development Fund (SDF) for financing solar projects?

  1. $350-million
  2. $450-million
  3. $550-million
  4. $650-million
  5. $750-million

Q6. Which country was the largest source of Foreign Direct Investment (FDI) in India in FY17, according to recent census by the Reserve Bank of India (RBI)?

  1. USA
  2. Mauritius
  3. UK
  4. Japan
  5. Singapore

Q7.Which state government has signed a pact with Indian Oil Corporation (IOC) to set up bio-gas and bio-CNG plants?

  1. Haryana
  2. Tamil Nadu
  3. Punjab
  4. Himachal Pradesh
  5. Uttar Pradesh

Q8.India has contributed how much amount to UN’s Youth Mission to raise awareness and attention to youth issues globally?

  1. $30,000
  2. $40,000
  3. $50,000
  4. $60,000
  5. $70,000

Q9.Who is the newly appointed MD & CEO of National Commodity & Derivatives Exchange Limited (NCDEX)?

  1. Shanthanu Mukherjee
  2. Vijay Kumar
  3. Preetham
  4. Parag Jain
  5. Vishnu Vimal

Q10.What is the India’s rank at the latest World Economic Forum (WEF)’s Global Manufacturing Index (GMI)?

  1. 30
  2. 40
  3. 50
  4. 60
  5. 70

Q11.Which country has become the world’s first country to enforce equal pay for women and men?

  1. Poland
  2. Iceland
  3. Greenland
  4. Finland
  5. Netherland

Q12.The Rajasthan Government has tied up with which bank to promote and nurture startups in the state?

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

Q13.Who has taken charge as the Managing Director (MD) of India Infrastructure Finance Company Ltd (IIFCL)?

  1. Pankaj Jain
  2. Vipul Goyal
  3. Vineet Kumar
  4. Ajay Aggarwal
  5. Srikar Gupta

Q14.NABARD has signed pact with which bank to promote Joint Liability Groups (JLGs) in Bengal?

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

Q15.India has signed how much amount of loan agreement with World Bank (WB) for UP Tourism Project?

  1. $30 million
  2. $40 million
  3. $50 million
  4. $60 million
  5. $70 million

Answers:

Q1.Answer: a

India has emerged as the fifth most attractive market for investments and the optimism over global economic growth is at a record level, a survey of CEOs by global consultancy PwC.

The US remains the top spot for global investment, while India moves into the top 5,” PwC’s 21st CEO Survey said, adding that there is surprising faith and optimism among chief executives in the economic and business environment worldwide, at least over the next 12 months.

2.Answer: e

Multilateral lending agency World Bank and India inked $ 120 million loan agreement which will help increase access to improved water supply services in peri-urban areas in Uttarakhand.

According to an official statement, while Uttarakhand has made significant strides in piloting and implementing innovative approaches in water supply and sanitation services, the peri-urban areas have not been a focus.

3.Answer: d

India is projected to grow at 7.4 per cent in 2018 as against China’s 6.8 per cent, the IMF said, making it the fastest growing country among emerging economies. The acceleration in India’s growth rate ahead comes after the slowdown last year due to demonetisation and the implementation of GST. In its latest World Economic Outlook (WEO) update released in Davos, Switzerland on the sidelines of the World Economic Forum, the International Monetary Fund has projected a 7.8 per cent growth rate for India in 2019.

4.Answer: c

Despite an improved performance, India continues to be ranked below neighbours Pakistan, Sri Lanka and Nepal in the Inclusive Development Index released by the World Economic Forum.

India has been ranked 62 out of 74 emerging economies on a metric focused on the living standards of people and future-proofing of economies by the WEF. Pakistan has been ranked 47, Sri Lanka is at 40, and Nepal at 22; Uganda (59) and Mali (60) are also higher on the index than India.

5.Answer: a

India is setting up a $350-million solar development fund to support financing of solar projects, minister of state for new and renewable energy Raj Kumar Singh said.

Delivering the keynote address at the International Solar Alliance (ISA) Forum in Abu Dhabi, the minister said the cost of renewable energy has fallen steeply over the years and it was set to replace conventional energy.

6.Answer: b

Mauritius was the largest source of foreign investment in India, followed by the US and the UK, according to a census by the Reserve Bank.

Singapore and Japan were the next two sources of foreign direct investment (FDI), said the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17.

7.Answer: c

The Punjab government signed a Memorandum of Understanding (MoU) with the Indian Oil Corporation to set up bio-gas and bio-CNG plants in the state.

The pact is part of the state’s concerted efforts to find sustainable solutions to paddy straw burning, which has emerged as a major environmental concern.

8.Answer: c

India has contributed $50,000 to the UN’s youth mission which works to raise awareness and attention to youth issues globally. UN Youth Envoy Jayathma Wickramanayake received the cheque from Paulomi Tripathi, a First Secretary in India’s UN mission at the UN headquarters in New York. “Home to 350 million young people, India is an important partner to us and we really look forward to working with you,” Wickramanayake said in a tweet. She thanked India’s Ambassador to the UN Syed Akbaruddin for his leadership role and the support extended to the office of UN Youth Envoy. The office of UN Secretary-General Antonio Guterres’ Envoy on Youth works to raise international awareness and attention to youth issues among others.

9.Answer: b

The National Commodity and Derivatives Exchange has appointed Vijay Kumar Venkataraman as the new Managing Director and Chief Executive Officer for three years.

Kumar holds a B.Tech degree in Electrical Engineering from IIT-Madras and an MBA from Faculty of Management Studies, University of Delhi.

10.Answer: a

The World Economic Forum (WEF) has ranked India at 30th position on a global manufacturing index – below China’s 5th place but above other BRICS peers, Brazil, Russia and South Africa.

Japan has been found to have the best structure of production in the Geneva-based WEF’s first ‘Readiness for the future of production report’ and is followed by South Korea, Germany, Switzerland, China, Czech Republic, the US, Sweden, Austria and Ireland in the top 10. Among BRICS nations, Russia is ranked 35th, Brazil 41st and South Africa at 45th place.

 

11.Answer: b

Iceland has become the first country in the world to force companies to prove they pay all employees the same.

The new law, which came into force on New Year’s Day, means every firm with 25 or more staff must have a certificate showing they pay everyone in the same roles equally – no matter what their gender, sexuality, or ethnicity is.

12.Answer: b

exp:HDFC Bank has announced a partnership with Rajasthan Government to promote and nurture startups in the state. Under this partnership, HDFC Bank will team up with the state government to provide end-to-end solutions like current accounts, credit cards and other solutions to startups under its SmartUp programme.

13.Answer: a

Pankaj Jain, Joint Secretary in the Department of Financial Services (DFS), has assumed charge as the Managing Director of India Infrastructure Finance Company Ltd (IIFCL).

He will be holding additional charge of IIFCL along with his present position as Joint Secretary at DFS. IIFCL is a state-owned company focused on infrastructure financing and development.

14.Answer: e

The National Bank for Agriculture and Rural Development (Nabard) and State Bank of India (SBI) jointly signed an MoU with non-government organisations (NGOs) from West Bengal for financing of 2,500 Joint Liability Groups (JLGs), or informal credit group of farmers.

The agreement was with five NGOs for promotion of JLGs in Purulia, Paschim Medinipur, Purba Medinipur, Burdwan and North 24 Parganas districts of the state.

15.Answer: b

India signed a loan agreement worth $40 million with the World Bank for “UP Pro-Poor Tourism Development Project” aimed at increasing tourism-related benefits for local communities in Uttar Pradesh.

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