Expected General / Financial Awareness Questions (Day-21)

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-21)

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Q1.The Gujarat Chamber of Commerce and Industry (GCCI) has signed a MoU with which country for Business co-operation?

  1. Poland
  2. Germany
  3. France
  4. USA
  5. South Korea

Q2.Which telecom  company of India to launch its own cryptocurrency?

  1. Airtel
  2. Vodafone
  3. TATA DoCoMo
  4. JIO
  5. Idea

Q3.Who has been appointed the Chairman of the newly formed Finance Commission by Indian Olympic Association (IOA)?

  1. Raghu Ram
  2. Abinav Singh
  3. Vyshak Patil
  4. Anil Khanna
  5. Vikram Singh

Q4.Who has been appointed as the Chairman of the Real Estate Appellate Tribunal (REAT) for Tamil Nadu and the Union Territory of Andaman and Nicobar Islands?

  1. Rajendran
  2. Sudeep
  3. Akshay
  4. Rahul
  5. Varun

Q5. Who has been named as the best central bank governor in Asia-Pacific for 2018?

  1. Surya Teja
  2. Ravi Menon
  3. Deelip Basu
  4. Naveen Kumar
  5. Sanjiv Narayan

Q6.India has signed how much amount of loan agreement with the World Bank (WB) for SANKALP project?

  1. $150 million
  2. $250 million
  3. $350 million
  4. $450 million
  5. $550 million

Q7.India will provide how much amount of financial assistance to Afghanistan’s Transport Network?

  1. USD 2.87 million
  2. USD 1.87 million
  3. USD 5.87 million
  4. USD 3.87 million
  5. USD 4.87 million

Q8.Nepal has signed how much amount of United Nations Development Assistance Framework (UNDAF) for 2018-2022?

  1. $435 million
  2. $535 million
  3. $635 million
  4. $735 million
  5. $835 million

Q9.Which country to host the 3rd Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB)?

  1. Netherland
  2. Pakistan
  3. Russia
  4. India
  5. China

Q10.NTPC has signed a Rs 3,000-crore term loan agreement with which bank for partially funding its capital expenditure?

  1. HDFC
  2. ICICI
  3. HSBC
  4. Axis
  5. CITI

Q11.Bangladesh has signed how much amount of loan deal with India for its infrastructure and social sector development?

  1. $3.5-billion
  2. $4.5-billion
  3. $5.5-billion
  4. $6.5-billion
  5. $7.5-billion

Q12. Which of the following has been named as the India’s best FMCG company in the food sector by the International Advertising Association (IAA)?

  1. Nestle
  2. Cadbury
  3. Amul
  4. Dabur
  5. Britannia

Q13.Which insurance company has launched ‘Neo’ a servicing bot for Twitter?

  1. ICICI
  2. HSBC
  3. HDFC
  4. CITI
  5. YES

Q14.The Andhra Pradesh government has tied up with which financial services company for Vizag Digital Dhan Sankalp (VDDS) project?

  1. MasterCard
  2. Rupay
  3. Bill desk
  4. Maestro card
  5. Visa

Q15.The European Investment Bank (EIB) has signed how much of loan pact with India for Bangalore Metro Rail Project Phase II?

  1. €100 million
  2. €200 million
  3. €300 million
  4. €400 million
  5. €500 million

Answers:

Q1.Answer: e

An official delegation from South Korea and the Gujarat Chamber of Commerce and Industry (GCCI) signed a memorandum of understanding for co-operation between industries in Gujarat and the East Asian country, with a focus on automobile, defence and textiles sectors.

The South Korean delegation was led by the countrys Consul General in Mumbai, Kim Soungeun.

Q2.Answer: d

Reliance Jio is planning to create a cryptocurrency of its own called ‘JioCoin’, and will put together a young team of 50-odd professionals under Akash Ambani to kick start the project, a Live mint report claims. The Ambani scion is reportedly interested in developing block chain technology to aid the development of smart contacts and cryptocurrency payment-enabled supply chains.

Q3.Answer: d

Senior sports administrator Anil Khanna was named Chairman of the Finance Commission of the Indian Olympic Association, which also formed a four-member advisory committee.

The IOA also formed a Medical Commission and Games Technical Conduct Committee and nominated office bearers of IOA and National Sports Federations (NSFs) to the Committees.

Q4.Answer: a

Even as the recommendations of the selection committee are still awaited, the State government has named former High Court judge B. Rajendran as the chairperson of the Real Estate Appellate Tribunal (REAT) for Tamil Nadu and the Union Territory of Andaman and Nicobar Islands, constituted under the Real Estate (Regulation and Development) Act, 2016.

Q5.Answer: b

THE managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, has been named the best central bank governor in Asia-Pacific for 2018 by UK-based magazine, The Banker.

This annual award administered by The Banker, a publication under The Financial Times Group, is based on a selection process involving a survey of bankers and economists.

Q6.Answer: b

World Bank will provide $250 million loan to India for skill development programme to support livelihood.

India signed a loan agreement with World Bank under ‘Skills Acquisition and Knowledge Awareness for Livelihood Promotion’ (Sankalp) project, an official statement said.

Q7.Answer: a

India has pledged to contribute about USD 2.87 million to Afghanistan in its latest financial assistance to the neighbouring country. The assistance will be used to repair around 350 public buses in the country.

The Khaama Press quoted the Embassy of India in Kabul, as saying, in a statement: “Continuing its long-standing development support to the people of Afghanistan, the Government of India (GoI) has agreed to provide financial assistance of USD 2.87 million to the Ministry of Transport of Afghanistan.”

Q8.Answer: c

Nepal has signed a USD 635 million UN assistance package for 2018-2022 to lay out the country’s development strategy for the next five years, officials said.

The package involving 26 individual UN agencies, spans interventions aimed at assisting in four broad areas: inclusive economic growth; social development; resilience, climate change adaptation and disaster risk reduction; and governance, rule of law and human rights, according to a statement issued by the United Nations.

Q9.Answer: d

India will host the 3rd annual meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) at Mumbai on June 25-26, 2018.

The theme of the meeting will be ‘Mobilizing Finance for Infrastructure: Innovation and Collaboration, the statement further said.

Q10.Answer: b

State-owned NTPC said it has signed a term loan agreement for Rs 3,000 crore with ICICI Bank for partially funding its capital expenditure.

“A term loan agreement for Rs 3,000 crore was signed with ICICI Bank Ltd on August 29,” NTPC said in a statement.

Q11.Answer: b

Bangladesh signed a $4.5-billion loan deal with India for developing its infrastructure, health and education.

The agreement was signed here in the presence of Finance Minister Arun Jaitley and his Bangladesh counterpart, A.M.A. Muhith, by Bangladeshi Economic Relations Division Secretary Kazi Shofiqul Azam and Managing Director of the Export-Import Bank of India David Rasquinha.

Q12.Answer: c

India’s largest food products marketing organisation, Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets the Amul brand of milk and milk products, has been recognised as the country’s best Fast Moving Consumer Goods (FMCG) company in the food sector by the International Advertising Association (IAA).

Q13.Answer: c

HDFC Life Insurance Company has launched Neo — a servicing bot for Twitter that uses artificial intelligence for customer service. The insurer hopes to deploy the bot in answering policy —related queries on social media. Other life insurers like PNB Metlife have launched VR humanoids like Kushi leveraging the power of AI, chat bots, natural language processing. This is the second bot put in operation by HDFC Life, after the launch of SPOK, which was an email bot to answer customer queries. HDFC Life hopes to gain deeper insights into customer behaviour such bots, which have the ability to calculate fund value and balance. T. The Neo bot will be available 24/7 and has the capability to authenticate customers and give frequently sought details, like fund value, sum assured and premium amount.

Q14.Answer:e

Visa, which tied up with the Andhra Pradesh government for Digital Dhan Sankalp project, is an initiative to develop Visakhapatnam into India’s first ‘less cash’ city, said minister for IT Nara Lokesh.

Q15.Answer: c

The European Investment Bank (EIB) will lend €300 million for Bangalore Metro Rail Project Phase II Line R6. The agreement was signed by S Selvakumar, Joint Secretary (BC), Department of Economic Affairs (DEA), Union Ministry of Finance and Andrew McDowell, Vice-President.

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