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

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