Financial Current Affairs Quiz – May, 2016 – Set 4


Hello and welcome to exampundit. Here is the  fourth 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. In HDFC launched SmartUp,
enhanced transaction limit with no minimum balance requirement for
______________.
1) first 3 months
2) first 6 months
3) first year
4) first 2 years
5) first 9 months



2. How much amount of
Credit Line did Exim Bank approve for Iran’s Chabahar Port?
1) USD 150 million
2) USD 100 million
3) USD 300 million
4) USD 1 billion
5) USD 500 million





3. The government recently constituted a five member committee headed
by NK Singh to
comprehensively
review and give recommendations on the Fiscal Responsibility and Budget
Management (FRBM) roadmap for the future.
Who is NK Singh?
1) Former Revenue & Expenditure Secretary
2) Former Comptroller and Auditor General of India
3) Incumbent Economic Affairs Secretary
4) Former RBI Deputy Governor
5) Both 1 and 4





4. With which of the following state transport department did Maruti
Suzuki recently sign a MoU for a
new
Institute of Driving & Traffic Research?
1) Uttar Pradesh
2) Madhya Pradesh
3) Jharkhand
4) Telangana
5) Chhattisgarh





5. Who was recently appointed as Principle Adviser for social sector in
NITI Aayog?
1) Ratan P Watal
2) Gajender Sharma
3) Ajay Tyagi
4) Naresh Kumar Golani
5) K. L. Prasad
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6. SEBI recently tightened P-Notes norms. Which of the following
statements is/are true about P-Notes?
A) Money Laundering is easy with P-Notes
B) P-Notes are issued by Indian Companies
C) P-Notes Investment is Anonymous
1) Only A
2) Only B
3) Both A and B
4) Both A and C
5) All of them
7. Which online portal recently formed a partnership with Development
Commissioner Handloom of the
Union
Ministry of Textiles under which it will educate, train and enable cooperatives
and weavers to
directly sell their
products on the online portal?
1) Amazon
2) Flipkart
3) eBay
4) ShopClues
5) IndiaMart
8. With which country did India recently sign a protocol to amend an
existing double taxation avoidance
treaty?
1) New Zealand
2) Slovenia
3) Bulgaria
4) Serbia
5) Iran

9. Parli Thermal Power Station is located in which state?
1) Maharashtra
2) Madhya Pradesh
3) Chattisgarh
4) Uttar Pradesh
5) Bihar

10. Apple recently announced to establish iOS App Design and
Development Accelerator in which city?
1) Hyderabad
2) Mumbai
3) Chennai
4) Bengaluru
5) Ahmedabad

Regards

Team ExamPundit