Financial Awareness Expected Questions – November, 2016 – Part 1

Hello and welcome to exampundit . So FINALLY, Expected Questions are BACK! We are kicking off with Expected Questions on Financial Awareness from November, 2016 Part 1.

1. How much amount grant did Australia recently announce for
   projects with India? – $6.3 million
2. How many grants did Australia announce for projects with
   India in various fields? – 19
3. ICICI Banks’ Home Overdraft facility allows a salaried
   customer to seek loans up to ______. – 1
   Crore rupees
4. What is the minimum amount of loan under ICICI Bank Home
   Overdraft Facility? – 5 Lakh
5. Which of the following section empowers government to exempt
   the genuine properties of religious organisation like a church or a mosque or a
   gurdwara or a temple from the Benami Transaction Act? – 58
6. Under the Benami Transaction Act, the penalty includes
   imprisonment up to – Seven Years
7. Which of the following company recently signed a MoU with
   University of New South Wales? – TCS
8. Which of the following company recently announced to acquire
   UK-based design agency Foolproof? – Zensar
9. The Government notified the rules for Real Estate
   (Regulation and Development) (General) Rules, 2016 that seeks to regulate the
   housing sector besides bringing transparency and ensuring timely completion of
   projects in how many UTs? – 5 Union
   Teritorries
10. What is the percentage of GST for Sin Goods? – 28% and a cess
11. Most of the food items will have GST at the rate of _____. –
    Zero
12. With which of the following country did Telecom Sector Skill
    Council (TSSC) recently sign a MoU to strengthen cooperation in the field of
    corporate job vacancies and recruitment services post skilling in India and
    internationally? – Taiwan
13. What will be the lowest rate of GST? – 5%
14. Which of the following company recently became the first to
    get approval of a high-level panel set up under RBI’s new scheme for
    Sustainable Structuring of Stressed Assets (S4A)? – Hindustan Construction Company (HCC)
15. Which of the following company recently received the Reserve
    Bank of India’s permission to provide outbound cross border payment services to
    banks in India? – Earthport Plc
16. With which of the following company did Tata Motors recently
    sign a MoU for armoured vehicles? –  Indonesia’s PT Pindad
17. The Internet Corporation of Assigned Names and
    Numbers(ICANN)’s 57th annual general meeting was held in – Hyderabad, India
18. Heritage Foods was recently acquired by _______. – Future Retail
19. Future Retail recently acquired Heritage Foods. It was owned
    by _______. Andhra Pradesh CM N Chandrababu
    Naidu
20. Which of the following company recently acquired UK-based
    geospatial solutions firm Blom Aerofilms? – Cyient India
21. Which of the following state recently launched campaign
    “Lakshya Bhagirathi” to complete irrigation projects? – Chhattisgarh
22. With which of the following country did India recently sign
    a MoU in ease of doing business? – United
    Kingdom
23. With which of the following country did India recently sign
    a MoU in intellectual property rights (IPRs)? – United Kingdom
24. What was India’s rank in global business optimism index? – 2nd
25. Which of the following banks recently became the first bank
    in India to launch robots in its branches? – City Union Bank
26. City Union Bank became the first bank in the country to
    deploy robots in its branches in ______. –Chennai
27. City Union Bank became the first bank in the country to
    deploy robots in its branches. What is the name of the robot? – ‘CUB-Lakshmi’
28. What is the project cost of Pradhan Mantri Yuva Yojana? – 499.94 crore rupees
29. What is the project cost of Pradhan Mantri Kaushal Vikas
    Yojana 2.0 (2016-2020)? – 3000 crore
    rupees

Financial Awareness Expected Questions – November, 2016 – Part 2

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Team ExamPundit