Financial Current Affairs Quiz – May, 2016 – Set 3


Hello and welcome to exampundit. Here is the  2nd set of Financial Current Affairs Questions for the upcoming Bank Exams. These are based on the Current Affairs from May, 2016. The topics include, news related to finance, industry, MoU, investments, reports related to economy and all the financial awareness.


Read the followings carefully and answer


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1. Which of the
following organisations DID NOT get the in-principle approval for Bharat Bill
Payments Operating Unit?
1) PayTM
2) PayU Money
3) Oxigen
4) BillDesk
5) FreeCharge




2. According to Union
Government, Income Declaration Scheme of the Union Finance Ministry will start
from 1 June 2016 and will remain in force till _____________.
1) 31st December, 2016
2) 30th November, 2016
3) 30th September 2016
4) 30th April, 2017
5) 31st August, 2016




3. Union Government
recently permitted 100% foreign direct investment (FDI) into ARCs through
automatic route. What does R stands for in ARC?
1) Refinance
2) Renewable
3) Retail
4) Reconstruction
5) Remuneration




4. What is India’s
rank in 2016 Crony-Capitalism Index?
1) 3rd
2) 6th
3) 4th
4) 9th
5) 11th




5. In Indian economy,
ePace is related to which industry?
1) Oil Market
2) Capital Market
3) Information Technology
4) Road & Transport
5) Mining




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6. How much amount of
loan did World Bank approve to support the central government’s programme to
generate electricity from rooftop solar power plants?

1) $635 million
2) $655 million
3) $620 million
4) $615 million
5) None of the above




7. Mouda Super
Thermal Power Station is located in which state?
1) Chhattisgarh
2) Maharashtra
3) Jharkhand
4) Madhya Pradesh
5) Telangana




8. DBS Bank recently
announced that they are creating the biggest technology hub outside of
headquarters, in ____________.
1) Hyderabad
2) Bengaluru
3) Chennai
4) Mumbai
5) New Delhi




9. What was India’s
rank in Renewable energy country attractiveness index 2016?
1) 1st
2) 3rd
3) 5th
4) 6th
5) 9th




10. The Union
Government in the second week of May 2016 decided to replace 5-year plans with
______ vision documents.
1) 7 years
2) 10 years
3) 20 years
4) 15 years
5) 12 years

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