Expected Questions for SBI PO Mains 2015 - Finance/Banking

1. Kotak Mahindra Bank recently signed a MoU for cross border business with which bank?

- ING Bank

2. Recently, Union Government Set Up Panel to Suggest Changes to Companies Act. Who is chairing the panel?

-  Corporate Affairs Secretary Anjuly Chib Duggal

3.  Corporate Affairs Secretary Anjuly Chib Duggal was recently appointed as the chairman of a committee constituted by Union Government to ________.

- Suggest Changes to Companies Act

4. The newly hiked Service Tax which became operational from 1st June, subsumes which tax?

- Educational Cess(2 percent on the service tax amount)

5. As per SBI's Her Ghar Her Car scheme, what is the Interest Rate per annum?

- 10%

6. UBER Cab Service recenently appointed whom as the President of its India Operations?

- Amit Jain

7.  ‘Kesh King’ was recently acquired by which company?

- Emami

8. Which Financial Institute announced to set up global commodity exchange at GIFT IFSC?

- Reliance Capital

9. LIC recently announced to enter the Bangladesh Insurance Market with the JV called LIC Bangladesh Ltd with a paid up capital of ________.

- 1 Billion Taka

10. What is the present Repo Rate after RBI's 2nd Bi-Monthly Monetary Policy?

- 7.25 per cent

11. RBI recently estimated Current Account Deficit at ____ for FY2016.

- 1.5%

12. In the second bi-monthly monetary policy what was the GDP Growth Forecast by RBI for FY2016?

- 7.6%

13. As per the data compiled by Prime Database, which state Topped Mutual Fund Chart With Highest Equity Assets?

- Maharashtra

14. Name the famous motocycle manufacturer recently partnered with Myntra to sell its merchendise in India?

- Harley Davidson

15. India recently signed MoU on cooperation in the field of Micro, Small and Medium Enterprises with which country?

- Sweeden

16. World Bank recently exteneded _____ loan for Tamil Nadu Sustainable Urban Development Project.

- $400 Million

17. Securities and Exchange Board of India (SEBI) recently signed a MoU on Bilateral Cooperation with the Finance Ministry of which country?

- Belarus

18. Name the newly appointed executive director of RBI.

- Meena Hemchandra

19. Name the newly appointed Non-Executive Chairman of the Board in Infosys who replaced KV Kamath.

- R. Seshasayee

20. Which Financial Organisation recently tied up with FINO PayTech for Rural ATM Solutions?

- Tata Communications Payment Solutions

21. During the visit of PM Narendra Modi, India extended a New Line of Credit (LoC) of ______ to Bangladesh.

- $2 billion

22. Which country emerged as the top slot as source of FDI in India during FY2014-15?

- Mauritius

23. As per the MoU signed between India and Bangladesh, Bangladesh will offer two SEZs to Indian Companies. One Mongla, Name the Other.

- Bheramara

24. Rana Kapoor was reappointed as MD and CEO of which Bank?

- Yes Bank

25. Apart from Reliance Power, which is the other company announced to invest in Power Plant in Bangladesh?

- Adani

26. SBI Life launches tablet service "Connect Life" to __________.

- digitise documentation process.

27. Which Bank recently appointed MK Sharma as non-executive Chairman?

- ICICI Bank

28. Executive Direct B.P. Sharma was given additional charge of MD & CEO of which bank?

- Bank of India

29. The RBI launched Strategic Debt Restructuring (SDR) Scheme will ___________________.

- allow banks and non-banking lending institutions to convert their loans into equity stake.

30. Which Multiplex chain announced to acquire DLF's DT Cinemas for 500 crore rupees?

- PVR Ltd

31. Who was recently appointed as New Secretary, Department of Public Enterprises?

- Ameising Luikham

32. The app PayZapp was recently launched by which bank?

- HDFC Bank

33. RBI recently allowed ______ to invest in Chit Funds.

- NRIs

34. RBI recently extended the External Commercial Borrowings window for affordable housing projects and airlines up to _______.

- March, 2016

35. The government recently launched Nuclear Insurance Pool of __________.

- Rs 1500 Cr

36. RBI recently issued the final guidelines of Interest Rate Futures. Define Interest Rate Future.

- An interest rate future is a contract between the buyer and seller agreeing to the future delivery of any interest-bearing asset. The interest rate future allows the buyer and seller to lock in the price of the interest-bearing asset for a future date.