Expected Questions – Financial Current Affairs March, 2015 – Set 2

Hello and welcome to ExamPundit. Here is another set of Expected Questions on the financial, banking and insurance news occurred between March 21-March 31.

1. Asian Development
Outlook titled “Financing Asia’s Future Growth” was released by _____
– Asian Developmental Bank
2. As per Asian
Developmental Bank’s Asian Development Outlook, the projected growth for India
in FY2015 is ________.
– 7.8%
3. Union Ministry of
Finance and the Asian Development Bank (ADB) signed a loan agreement of $300mn
for which purposes?
– Road Connectivity along the North Bengal & North East
4. Life Insurance
Corporation (LIC) of India signed a MoU with which bank for implementing ‘Pradhan

Mantri Jeevan Jyoti Bima Yojana
– Corporation Bank
5. Corporation Bank
signed a MoU with LIC for implementing _____________.
– Pradhan Mantri Jeevan Jyoti Bima Yojana’ (PMJJBY)
6. Recently Max Life
Insurance signed a 5years Bancassurance pact with which bank?
– Laxmi Vilas Bank
7. Which Insurance
company recently announced to raise stake from 26 to 49% in SBI General
– Insurance Australia Group Ltd (IAG)
8. Insurance
Australia Group Ltd (IAG) announced to raise stake from 26 to 49% in which
insurance company?
– SBI General Insurance
9. Insurance
Australia Group Ltd (IAG) who decided to raise the stake in SBI General
Insurance to 49%
earlier had a stake
of _______.
– 26%
10. H.J. Heinz Co
announced to merge with which company to form world’s fifth largest Food &

Beverage Company?
– Kraft Foods Group Inc.
11. Kraft Foods Group
Inc. will be merging with _____________ to form world’s fifth largest Food
Beverage Company.
– H.J. Heinz Co
12. Reliance Power
commissioned the sixth and final 660-Mw unit of the 3,960-Mw ____________.
 – Sasan Ultra Mega
Power Project (UMPP)
13. Name the world’s largest
integrated power-plant-cum-coal-mining project at a single location.
– Sasan Ultra Mega Power Project (UMPP)
14. Sasan Ultra Mega
Power Project (UMPP) of which the final 660mw unit was recently commissioned is
located in __________.
– Madhya Pradesh
15. As per Asian
Development Outlook, India will overtake which nation in terms growth rate in
Financial Year (FY) 2015, and 2016.
– China


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Books For 2015 Banking/Insurance Exams