Important Banking Awareness Quiz Day-137

Important Banking Awareness Quiz Day-137:

Dear Readers, Here we have provided the Important Banking Awareness Quiz , which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming IBPS/SBI Exams 2018 can make use of it.

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1. SEBI has mandated that the promoter entity should have to maintain at least how much percentage of stake in the rating agency for a period of three years?

1. 15%
2. 25%
3. 30%
4. 35%
5. None of these

2. India’s 1 Bitcoin trading App was launched by which company?

1. ZebPay
2. Paytm
3. Pluto exchange
4. Jupiter Coins
5. None of these

3. India has signed cooperation agreements in the mineral, textile, renewable energy, ICT and infrastructure fields with which country?

1. Turkey
2. United Arab Emirates
3. Saudi Arabia
4. Jordan
5. None of these

4. Finance ministry cuts the IT exemptions on which type of banks from Jan 1, 2018?

1. Private Banks
2. Commercial Banks
3. Development Banks
4. Public Sector Banks
5. Cooperative Banks

5. Under which project, Union government announced that government has approved Rs.4066 crore for the development of internet in all panchayats?

1. BharatNet
2. FibreNet
3. DigitalNet
4. CommonNet
5. None of these

6. Softbank agreed to invest about $9 billion (57 crore) in which taxi provider company?

1. Lyft
2. Ola
3. Uber
4. Grab
5. None of these

7. How much amount has been raised through BHARAT 22 Exchange Traded Fund (ETF)?

1. 10, 500 crore
2. 14, 500 crore
3. 17, 500 crore
4. 20, 500 crore
5. None of these

8. Which of the following countries has introduced Value Added Tax (VAT) for the first time recently?

1. Iraq and Iran
2. Saudi Arabia and United Arab Emirates
3. Iran and Kuwait
4. Saudi Arabia and the United Arab Emirates
5. None of these

9. Which country has announced a 40 percent increase in the minimum wages of employees in the country?

1. Venezuela
2. India
3. Kuwait
4. Qatar
5. None of these

10. Where is the headquarters of Bandhan Bank?

1. Mumbai
2. New Delhi
3. Hyderabad
4. Bangalore
5. None of these

11. Where is the headquarters of IndusInd Bank?

1. Hyderabad
2. Mumbai
3. Kolkata
4. Mumbai
5. None of these

12. Centre has infused how many crores capital in six weak public sector banks?

1. 7577 crore
2. 10251 crore
3. 12786 crore
4. 14157 crore
5. None of these

13. Which bank has entered into an agreement with state-run National e-Governance Services Limited (NeSL) for utilizing the latter’s Information Utility Services envisaged under the Insolvency and Bankruptcy Code, 2016?

1. Andhra Bank
2. Canara Bank
3. Bank of Baroda
4. Allahabad Bank
5. None of these

14. Which company has become the first foreign investor to fully own an asset reconstruction company (ARC) in India?

1. TKS
2. RCC
3. KKR
4. GRK
5. None of these

15. Who was appointed as Managing Director of India Infrastructure Finance Company Ltd (IIFCL)?

1. Rakesh Varma
2. Suresh Karan
3. Arjun Sinha
4. Urjit Patel
5. Pankaj Jain

Answers:

1. SEBI Increased the net worth of rating agencies from 5 crore to 25 crore. It also decided that the promoter entity should have to maintain at least 25% stake in the rating agency for a period of three years

Correct Answer is: b)

2. Pluto exchange launched India’s 1 Bitcoin trading App

Correct Answer is: c)

3. Indian foreign Minister Sushma Swaraj and his Jordan counterpart Ayman Safadi will sign cooperation agreements in the mineral, textile, renewable energy, ICT and infrastructure fields, to enhance the trade exchange between Jordan and India

Correct Answer is: d)

4. Until now there is a I-T exemption for the co-operative banks but it also making profit equal to the commercial banks. So finance ministry cuts the IT exemptions for the co operative banks from 1st Jan 2018

Correct Answer is: e)

5. Under BharatNet project, Telecom Minister Manoj Sinha announced that government has approved Rs.4066 crore for the development of internet in all panchayats

Correct Answer is: a)

6. Softbank agreed to invest about $9 billion (57 crore) in Uber Inc

Correct Answer is: c)

7. An amount of Rs 14,500 crore has been raised through its BHARAT 22 Exchange Traded Fund (ETF)

Correct Answer is: b)

8. Saudi Arabia and the United Arab Emirates have introduced Value Added Tax (VAT) for the first time

Correct Answer is: d)

9. Venezuelan President Nicolas Maduro has announced a 40 percent increase to the minimum wage

Correct Answer is: a)

10. Kolkata-based Bandhan Bank filed draft papers with the Securities and Exchange Board of India for its initial public offer (IPO) to raise an estimated amount of over Rs. 2,500 crore

Correct Answer is: e)

11. IndusInd Bank has raised $500 millio(about Rs 3,193.75 crore) term loan from overseas lending bodies to expand its business

Correct Answer is: b)

12. Centre has pumped in capital of Rs. 7,577 crore in various weak public sector banks

Correct Answer is: a)

13. Allahabad Bank entered into an agreement with state-run National e-Governance Services Limited (NeSL) for utilizing the latter’s Information Utility Services envisaged under the Insolvency and Bankruptcy Code, 2016

Correct Answer is: d)

14. US buyout giant KKR & Co has become the first foreign investor to fully own an asset reconstruction company (ARC) in India as it received approval from the Reserve Bank of India

Correct Answer is: c)

15. Pankaj Jain was appointed as Managing Director of India Infrastructure Finance Company Ltd (IIFCL)

Correct Answer is: e)

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