Financial Current Affairs Quiz for RBI Grade B & BMSB PO 2016 – August – Set 1


Hello and welcome to exampundit. Here is the  first set of Financial Current Affairs Questions for the upcoming BMSB PO and RBI Grade B 2016. These are based on the Current Affairs from August 1 to 4, 2016 . The topics include, news related to finance, industry, MoU, investments, reports related to economy and all the financial awareness.


1. With which of the
following institutes did BSE recently sign a MoU for collaboration in the areas

including cyber security?
1) IIT Kanpur
2) IIT Kharagpur
3) IIT Bombay
4) IIT Delhi
5) IIT Guwahati
2. According to the
RBI released guidelines for ‘on tap’ licensing of universal private sector
banks, the
large industry houses can
invest up to ____________.
1) 49%
2) 20%
3) 10%
4) 15%
5) 33%
3. Marwa Thermal
Power Station is located in which state?
1) Chhattisgarh
2) Madhya Pradesh
3) Rajasthan
4) Gujarat
5) Telangana
4. The Goods &
Services Tax Bill is the _______ amendment of the Indian Constitution.
1) 111th
2) 122nd
3) 120th
4) 115th
5) 119th
5. State Bank of
India (SBI) recently announced to offer overdraft facility to ______ small
accounts.
1) 120,000
2) 70,000
3) 700,000
4) 750,000
5) 800,000
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6. According to the
RBI released guidelines for ‘on tap’ licensing of universal private sector
banks, for
what period the In-principle
nod for bank will be valid?
1) 18 months from date of grant
2) 12 months from date of gran
3) 10 months from date of gran
4) 24 months from date of gran
5) 15 months from date of gran
7. In the GST Bill,
which of the following is NOT a state tax to be subsumed?
1) Service Tax
2) Central Sales Tax
3) Purchase Tax
4) Entertainment Tax
5) Taxes on advertisements, lotteries, betting, gambling
8. Which of the
following states recently signed a MoU with Japan to develop a food value chain
in the
state?
1) Haryana
2) Madhya Pradesh
3) Gujarat
4) Kerala
5) Andhra Pradesh
9. Initially, Goods
& Services Tax will Not apply to –
1) petroleum crude
2) natural gas
3) aviation turbine fuel
4) Alcohol for human consumption
5) all of them
10. Kedar Upadhye was
recently appointed as ____________.
1) CFO of Microsoft
2) CEO of Cipla India
3) GM of Mondelez India
4) CFO of Cipla Global
5) CFO of Cipla India

Regards

Team ExamPundit

This post was last modified on November 27, 2017 8:55 am