Current Affairs Quiz - Finance/Banking/Insurance - February 2015 - Set 1

1. What is the full form of NDTL?
(a) Net Debtors and Total Liabilities
(b) Net Demand and Total Liabilities
(c)  Net Demand with Total Liquidities
(d) Net Demand and Time Liabilities
(e) New Debtors and Total Liabilities



2. Union Government decided to infuse 6990 crore rupees in nine Public Sector Banks. Which Bank will get the largest share from Government?
(a) United Bank of India
(b) Syndicate Bank
(c)  Union Bank of India
(d) State Bank of India
(e) Bank of Baroda




3. Union Government approved development of no-frill airports at Ajmer and ______.
(a) Belgaum
(b) Chitrapur
(c)  Vimanapura
(d) Mulbagal
(e) Arikunte




4. Which E-tailer giant signed an agreement to acquire 25% stake in One97 Communications or PayTM?
(a) Walmart
(b) Amazon
(c)  Flipkart
(d) EBay
(e) Alibaba



5. Gujarat Handloom Corporation signed a MoU with which E-Commerce company?
(a) Alibaba
(b) Ebay
(c)  Flipkart
(d) Amazon
(e) None of these



6. Facebook signed an agreement with which Indian company to provide Free Access to 33 Websites in India?
(a) Idea Cellular
(b) Vodafone India
(c)  Reliance Communications
(d) Tata Communications
(e) Bharti Airtel




7. Which country recently launched its first Maritime Silk Road cruise liner?
(a) Japan
(b) South Korea
(c)  India
(d) Malaysia
(e) None of these




8. Which of the following statement is WRONG about Liquidity Adjustment Facility (LAF)?
(a) It is it a Monetary Policy.
(b) It was introduced to ensure smooth transition and keeping pace with technological upgradation.
(c)  The funds under LAF are used by the banks for their day-to-day mismatches in liquidity.
(d) All commercial banks are eligible except RRBs.
(e) None of them




9.  ICICI Bank launched POCKETS, India’s First Digital Bank, Which of the following features is WRONG about Pockets?
(a) Users can also choose to add a zero balance Savings Account to it.
(b) The e-wallet of Pockets is India’s most comprehensive wallet which can be used to pay on all websites and mobile apps in the country.
(c)  This e-wallet allows users to instantly send/request money to/from any e-mail id, mobile number, friends on Facebook and bank account.
(d) The ICICI bank account holders will be the primary users.
(e) The digital e-wallet uses a virtual VISA card that enables the users to transact on any website



10. Which TV Network(s) was recently acquired by Star India Pvt Ltd?
(a) MAA TV Network
(b) Sun TV Network
(c)  ETV Network
(d) TV9
(e) Both (a) and (d)



11. FLASHremit – it is an Instant Money Transfer Service between UAE Exchange and _______.
(a) HDFC Bank
(b) IndusInd Bank
(c)  Kotak Mahindra
(d) Axis Bank
(e) ICICI Bank



12. RBI recently issued guidelines for CCCB. What does B stands for in CCCB?
(a) Builder
(b) Buffer
(c)  Bidder
(d) Borrower
(e) None of these



13. IRDAI recently imposed `10 Lakh fine on which Insurance Company?
(a) Bajaj Allianz
(b) New India Assurance
(c)  National Insurance
(d) ICICI Prudential
(e) Life Insurance Corporation



14. RBI in its 6th Bi-Monthly Policy has decided to replace ECR Facility. What does ECR stands for?
(a) Export Credit Ratio
(b) Export Capital Refinance
(c)  Export-Credit Rate
(d) Export Credit Refinance
(e) Export Credit Reserve



15. As per Hurun Global Rich List 2015, who is the wealthiest person in the world?
(a) Mark Zuckerberg
(b) Bill Gates
(c)  Jack Ma
(d) Warren Buffet
(e) Carlos Sim




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  • This Quiz contains Fiancial, Banking, Economical Current Affaris From Feb 1 to Feb 13, 2015