Tuesday, September 17, 2013

CURRENT AFFAIRS QUESTIONS ( BANKING & ECONOMY)

1.     As per new Banking License norms brought by RBI, how much % of branches are to be opened by a bank, on receipt of license, in unbanked rural areas?
 
(a) 25%
(b) 28%
(c) 20%
(d) 30%
(e) None of these
 
2.     Following the grant of new Banking License, the promoter group, which could be a public sector entity as well, will be required to set up a wholly owned NOFHC. Expand NOFHC.
 
(a) Non-operative Financial Holding corporation
(b) Non-performing Financial Holding company
(c) Non-operative Financial Holding company
(d) Non-operative Foreign Holding company
(e) None of these.
 
3.     How much of penalty can be slapped by RBI, if a bank, even breaches a single norm?
 
(a) Rs. 50 Lakhs
(b) Rs. 35 Lakhs
(c) Rs. 60 Lakhs
(d) Rs. 01 Crore
(e) None of these
 
4.  The rate which replaced Benchmark Prime Lending Rate (BPLR) wef July 01, 2010 is ______?
 
(a) Base rate
(b) Forward rate
(c) Market rate
(d) Loan rate
(e) None of these
 
5.     Who took over the charge of FICCI as the president in Dec, 2012?
 
(a) Indira Nooyi
(b) Ala Irani
(c) Aruna Roy
(d) Naina Lal Kidwai
(e) None of these.
 
6.     SEBI has, in Feb. 2013, opened its local office in ________?
 
(a) Lukhnow
(b) Patna
(c) Hydrabad
(d) Mysore
(e) Banglore
 
7.     Which has become the first private sector bank to launch Rupay card?
 
(a) Citi Bank
(b) ICICI Bank
(c) HDFC Bank
(d) Federal Bank
(e) None of these.
 
8.     RBI extended the deadline of operationalization of Cheque Truncation System, 2010 in the banking sector. Which is the new date?
 
(a) July 31, 2013
(b) June 30, 2013
(c) Sep 30, 2013
(d) Apr 31, 2014
(e) None of these.
 
9.     How much amount RBI has promised recently to offer Swap facilities, both in foreign currency and Indian Rupees, to SAARC member countries?
 
(a) $ 01 billion
(b) $ 02 billion
(c) $ 03 billion
(d) $0.5 billion
(e) None of these.
 
10. Who has written the book titled “Playing to win”?
 
(a) Saina Nehwal
(b) Chetan Bhagat
(c) Rup Singh Rathor
(d) RS Rathore
(e) None of these
 
Answers

1. B 2. C
3. D 4. A
5. D 6. A
7. D 8. A
9. B 10. A

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