Financial Current Affairs Quiz – May, 2016 – Set 1

Hello and welcome to exampundit. Here is the  1st set of Financial Current Affairs Questions for the upcoming Bank Exams. These are based on the Current Affairs from May, 2016. The topics include, news related to finance, industry, MoU, investments, reports related to economy and all the financial awareness.

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1. PM Narendra Modi recently
launched Pradhan Mantri Ujjwala Yojana (PMUY) in which state?
1) Madhya Pradesh
2) Bihar
3) Uttar Pradesh
4) Maharashtra
5) Andhra Pradesh
2. SBI recently launched
card-less payment solution for offline transactions dubbed mVisa in which city?
1) Mumbai
2) New Delhi
3) Chennai
4) Bengaluru
5) Hyderabad
3. Aviva recently
increased their stake to 49% in Aviva Life Insurance. Aviva Life Insurance is a
venture between Aviva and
1) Muthoot Capital
2) Dabur Invest Corp
3) Mahindra Finance
4) Aditya Birla Group
5) Bajaj Capital
4. Name the first
Public Sector Bank to open banking unit at GIFT City’s IFSC?
1) Canara Bank
2) State Bank of India
3) IDBI Bank
4) Bank of Baroda
5) Bank of Maharashtra
5. In its latest
Regional Economic Outlook for Asia and the Pacific, what was the growth
forecast for
India for FY2016-17 by
1) 7.5%
2) 7.2%
3) 7.6%
4) 7.8%
5) 7.4%
6. Which of the following
state government recently launched Chandranna Bima Yojana?
1) Telangana
2) Andhra Pradesh
3) Karnataka
4) Tamil Nadu
5) Chhattisgarh

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7. Jhabua Thermal
Power Project is located in which state?
1) Andhra Pradesh
2) Madhya Pradesh
3) Chhattisgarh
4) Jharkhand
5) Assam
8. With which of the
following banks did New Development Bank (NDB) recently tie up to explore
opportunities in India?
1) Axis Bank
2) State Bank of India
3) ICICI Bank
4) Both 1 & 2
5) Both 2 & 3
9. Which of the
following state government recently tied up with Autodesk to provide advanced
technology to – local MSMEs
from the manufacturing sector?
1) Maharashtra
2) Andhra Pradesh
3) Haryana
4) Kerala
5) West Bengal
10. With which of the
following nation did India recently sign a MoU for a USD 100 Million Credit
1) Mongolia
2) Sri Lanka
3) Papua New Guinea
4) Maldives
5) Indonesia
11. Union Government gave
its approval for development of two laning with formation of four lane of
Shimla Bypass on _____________.
1) National Highway-25
2) National Highway-23
3) National Highway-22
4) National Highway-24
5) National Highway-21
12. With which of the
following nations did India recently sign an Air Services Agreement paving the
for introduction of direct
flights between the two countries?
1) Papua New Guinea
2) Fiji
3) New Zealand
4) Australia
5) Canada


  1. Ankita – 10/10
  2. Priyanka – 10/10
  3. Lallu – 11/11


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