Financial Current Affairs Quiz – May, 2016 – Set 2


Hello and welcome to exampundit. Here is the  2nd 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.

1. Which of the
following bank recently became the 2nd most valued private bank?
1) ICICI Bank
2) Axis Bank
3) HDFC Bank
4) Kotak Mahindra Bank
5) Bandhan Bank


2. According to RBI
Draft Guidelines, the initial minimum paid-up voting equity capital for a
universal
bank in private sector
shall be __________.
1) 50 million rupees
2) US $50 million
3) 5 million rupees
4) 5 billion rupees
5) US $ 5 billion


3. Uma Bharti
launched Rural Sanitation Initiatives for Ganga Rejuvenation in which state?
1) Uttar Pradesh
2) Jharkhand
3) Bihar
4) West Bengal
5) None of these


4. Union Government
recently approved the proposal of Infosys to set up an IT/ITeS special economic

zone (SEZ) in which city?
1) Hyderabad
2) Chennai
3) Bengaluru
4) Mumbai
5) Gurgaon


5. Rahul Taneja was
recently appointed as Chief Business Officer of _________.
1) Jabong
2) Myntra
3) Housing.com
4) Grofers
5) Future Retail




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6. Which of the bank
recently tied up with National Australian Bank?

1) RBL Bank
2) South Indian Bank
3) Karur Vysya Bank
4) Karnataka Bank
5) Laxmi Vilas Bank


7. According to RBI Draft
Guidelines, the aggregate foreign investment in Universal Banks in Private
Sectors limit is ________.
1) 49%
2) 75%
3) 51%
4) 76%
5) 100%


8. How many bleed
lines will the 1000 Rupees Banknotes with inset letter ‘R’ have?
1) 6
2) 8
3) 4
4) 3
5) 5


9. With which country
did India recently sign a Protocol to Amend Taxation Methods?
1) Maldives
2) New Papua Guinea
3) Mauritius
4) New Zealand
5) Fiji




10. ICICI Bank launched
the country’s first contactless business credit card in association with
__________.
1) IndiGo Airlines
2) Future Retails
3) Jabong
4) Jet Airways
5) Vistara

Regards

Team ExamPundit