Expected General / Financial Awareness Questions (Day-23)

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-23)

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  1. International Financial Institution World Bank headquartered Washington, D.C was founded in ————————
  1. 1944
  2. 1948
  3. 1956
  4. 1961
  5. 1965
  1. The risk that an individual or especially a company may be unable to service its debts is known as ——————
  1. Credit Risk
  2. Liquidity Risk
  3. Market Risk
  4. Insolvency Risk
  5. None of these
  1. —————- and Mumbai Police Launched a new Campaign #MuhPeTaala to promote safe banking.
  1. Yes Bank
  2. ICICI Bank
  3. SBI Bank
  4. Bank of Maharashtra
  5. Axis Bank
  1. Which Insurance Company launched Pro-fit platform that will act as a one-stop solution to all health-record tracking needs of customers?
  1. Bajaj Allianz Life Insurance
  2. Aviva Life Insurance
  3. LIC
  4. Max New York Life Insurance
  5. Sun Life Financial
  1. How much money ADB going to provide India for next five years?
  1. $4 billion
  2. $5 billion
  3. $10 billion
  4. $15 billion
  5. $20 billion
  1. How much money does Central Government has allocated to promote tourism projects in Puducherry under “Swadesh Darshan”?
  1. 102 cr
  2. 106 cr
  3. 109 cr
  4. 112 cr
  5. 118 cr
  1. The Reserve Bank of India has made 20-digit LEI compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore. In LEI what does E stands for?
  1. Equity
  2. Enquiry
  3. Enrollment
  4. Entity
  5. Earning
  1. Legal Entity Identifier India Limited (LEIL), a wholly-owned subsidiary of —————-
  1. Reserve Bank of India
  2. Clearing Corporation of India
  3. SEBI
  4. CBDT
  5. None of these
  1. The Clearing Corporation of India Ltd. (CCIL) was created to provide guaranteed clearing and settlement functions for transactions in Money, G-Secs, Foreign Exchange and Derivative markets. It was created in ——————–
  1. 2000
  2. 2001
  3. 2002
  4. 2003
  5. 2004

10.———– Bank teams up with Apple to launch voice-based international remittance service for NRI’s.

  1. Axis Bank
  2. ICICI Bank
  3. HDFC Bank
  4. Federal Bank
  5. Yes Bank
  1. Who has been appointed as UN (United Nations) Environment’s Goodwill Ambassador for India?
  1. Trisha Krishnnan
  2. Priyanka Chopra
  3. Dia Mirza
  4. Deepika Padukne
  5. Kangana Ranaut

12. Tata Power Solar has won ‘Dun & Bradstreet – Everest Infra Awards 2017’ under Infrastructure Project category for commissioning India’s largest solar project under Domestic Content Requirement for NTPC in ——————

  1. Telangana
  2. Andhra Pradesh
  3. Odisha
  4. Jharkhand
  5. Rajasthan

13. The book named Journey of Women Law Reforms and The Law Commission of India – Some Insights is written by ————————-

  1. Ramesh Tripathi
  2. Ramchandra Guha
  3. Vikram Seth
  4. Pavan Sharma
  5. None of these

14. Global Slavery Index is published by ———————

  1. International Labour Organization (ILO)
  2. World bank
  3. IMF
  4. World Trade Organization (WTO)
  5. Walk Free Foundation

15. Which state has announced the lifetime pension scheme for Hindi Satyagrahis?

  1. Rajasthan
  2. Uttar Pradesh
  3. Bihar
  4. Haryana
  5. Mathya Pradesh

Answers: 

  1. Answer: (A). The World Bank was created at the 1944 Bretton Woods Conference in July 1944. It is headquartered in Washington, D.C, USA. World Bank provides low-interest loans and grants to developing countries. The loan amount provided by the World Bank is raised by collecting funds from the member countries.
  2. Answer: (D). The risk that an individual or a firm will be unable to satisfy its debts is known as Insolvency Risk. Also known as Bankruptcy Risk. Bankruptcy risk/ Insolvency Risk is greater when the individual or firm has little or no cash flow, or when it manages its assets poorly. Banks assess Bankruptcy Risk when considering whether to make a loan.
  3. Answer: (E). Axis Bank and Mumbai Police Launched a new Campaign #MuhPeTaala during International Fraud Awareness week (12 – 18 November 2017), to promote safe banking. It aims to raise awareness about how to keep oneself safe from falling prey to fraudulent calls asking information such as pin code, CVV, OTP etc.
  4. Answer: (A). Bajaj Allianz General Insurance launched ‘Pro-fit’, a platform that will act as a one-stop solution to all the health-record tracking needs of customers. In this Platform customers can store their health records, track their fitness levels, and get reminders for vaccinations or medications.
  5. Answer: (E). Asian Development Bank (ADB) announced to increase annual funding to India up to $4 billion from existing $2.7 billion from next year to accelerate inclusive economic transformation. So India will get Loan about $20 billion over next 5 years.
  6. Answer: (C). Swadesh Darshan scheme launched to promote international and domestic tourism across the country. This will lead to the central government to develop the heritage cities of the country in a better way to gain more visitors.
  7. Answer: (D). Legal Entity Identifier is a 20-digit unique code to identify parties to financial transactions worldwide. It will help banks to effectively monitor debt exposure of corporate borrowers. It will also enable banks in preventing multiple loans to companies again the same collateral.
  8. Answer: (B). Legal Entity Identifier India Limited (LEIL), a wholly-owned subsidiary of Clearing Corporation of India (CCI), acts as a local operating unit (LOU) for issuing globally compatible legal entity identifiers (LEIs) in India.
  9. Answer: (B). The Clearing Corporation of India Ltd. (CCIL) was set up in April, 2001. The introduction of guaranteed clearing and settlement led to significant improvement in the market efficiency, transparency, liquidity and risk management/measurement practices in these market along with added benefits like reduced settlement and operational risk, savings on settlement costs, etc.
  10. Answer: (B). ICICI Bank launched India’s first voice-based international remittance service to enable NRI’s to send money to any bank in India. With this new feature in the ICICI Bank’s Money2India app, an NRI customer can instantly initiate a remittance to his/her existing payees in India with just a simple voice command to Apple’s virtual voice assistant, Siri.
  11. Answer: (C). Dia Mirza, has been appointed as UN Environment’s Goodwill Ambassador for India. As a Goodwill Ambassador, Dia will work with the United Nations to further spread the message on priority areas including clean air, clean seas, wildlife protection and climate change. She is also the brand ambassador for the Wildlife Trust of India.
  12. Answer: (B). Tata Power Solar has won ‘Dun & Bradstreet – Everest Infra Awards 2017’ under Infrastructure Project category for commissioning India’s largest solar project under Domestic Content Requirement for NTPC at Anantapur in Andhra Pradesh.
  13. Answer: (D). The book is authored by former Joint Secretary, Law Commission of India, Dr. Pavan Sharma and it focus nation’s attention on important areas like matrimonial laws, property laws, laws relating to inheritance, succession, guardianship as well as NRI marriages and issues of sexual violence.
  14. Answer: (E). The Global Slavery Index is an annual study of world-wide slavery conditions by country published by the Walk Free Foundation. Its headquarters is Australia.
  15. Answer: (D). The Haryana government announced lifetime monthly pension of Rs 10,000 for ‘Hindi Satyagrahis’ and those from the state who were jailed during the Emergency, while also enhanced financial assistance to World War-II veterans and their widows.

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