SBI PO Mains 2017: Current Affairs Quiz – Set 3 | Financial News Focused | Detailed Explanations


Hello and welcome to exampundit. Here is the third set of SBI PO Mains Current Affairs Quiz with detailed Explanation.

1. For which of the following
purpose did union government recently launch Mission Fingerling?
1) Introduction of technology in
agriculture
2) Enabling holistic development
and management of fisheries
3) Online auction of coal mines
4) Green Revolution 2022
5) None of the above
2. After the completion of merger
between Idea and Vodafone, what per cent will Vodafone hold in the combined entity?
1) 45.1
2) 49.1
3) 51.1
4) 55.1
5) 69.1
3. Which of the following bank
recently tied up with Avenues India to enhance customer support?
1) HDFC Bank
2) Axis Bank
3) Dhanalaxmi Bank
4) Bandhan Bank
5) Standard Chartered Bank
4. HDFC Bank on 16 March, 2017
became the first bank to offer loan against shares. What is the maximum amount
of loan under this scheme?
1) 10 lakh rupees
2) 20 lakh rupees
3) 25 lakh rupees
4) 15 lakh rupees
5) 35 lakh rupees
5. Union Minister Radha Mohan Singh
recently laid the foundation stone of Banana Research Centre in which state?
1) Uttar Pradesh
2) Madhya Pradesh
3) Chhattisgarh
4) Bihar
5) Jharkhand
6. The State Bank of India (SBI)
has announced a one-time farm loan settlement scheme worth _____________.
1) 8000 crore rupees
2) 7000 crore rupees
3) 6000 crore rupees
4) 5000 crore rupees
5) 10000 crore rupees
7. In which of the following
country did Paytm recently launch its service?
1) Australia
2) Germany
3) United States of India
4) United Kingdom
5) Canada
8. Which of the following bill(s)
related to GST was/were recently approved by the Union Government?
I. The Integrated Goods and
Services Tax Bill 2017
II. The Goods and Services Tax
(Compensation to the States) Bill 2017
III. The Union Territory Goods and
Services Tax Bill 2017
1) Only I
2) Only II
3) Both I and II
4) Both I and III
5) All I, II and III
9. How much amount of loan did
World Bank recently approve for strengthening gram panchayats in West Bengal?
1) USD 240 million
2) USD 210 million
3) USD 220 million
4) USD 225 million
5) USD 245 million
10. Al Nagah-II 2017 is a military
exercise between India and ________.
1) Oman
2) Saudi Arabia
3) Iran
4) Egypt
5) Israel
11. How much amount did World Bank
approve for National Hydrology Project to strengthen capacity of institutions
to assess water situation in their regions?
1) USD 240 million
2) USD 175 million
3) USD 150 million
4) USD 220 million
5) USD 200 million
12. Justice Navanithi Prasad Singh
sworn in as the Chief Justice of _____________.
1) Jharkhand High Court
2) Jammu & Kashmir High Court
3) Patna High Court
4) Kerala High Court
5) Gujarat High Court
13. World Sparrow Day is observed
on _______________.
1) 21 March
2) 22 March
3) 20 March
4) 24 March
5) 23 March
14. What was Mumbai’s rank in the
infrastructure sector in 2017 Quality of Living Survey?
1) 141
2) 143
3) 149
4) 146
5) 138
15. Which of the following Indian
city topped the list of 2017 Quality of Living Survey as the best Indian city
in terms of living standards?
1) Mumbai
2) Kolkata
3) Hyderabad
4) Chennai
5) New Delhi
16. What was India’s rank in the
United Nation’s Women in Politics Map 2017?
1) 147
2) 146
3) 144
4) 141
5) 148
17. With which of the following
nation did India recently sign agreement to protect rights of detached workers?
1) Germany
2) Cuba
3) Brazil
4) Portugal
5) Japan
18. World Consumer Rights Day is
observed on _________.
1) 14 March
2) 12 March
3) 15 March
4) 18 March
5) 17 March
19. With which of the following
bank did CREDAI recently tie up for real estate development?
1) Axis Bank
2) State Bank of India
3) IDFC Bank
4) Bank of India
5) HDFC Bank
20. Commonwealth Day is observed on
_________.
1) 13 March
2) 14 March
3) 12 March
4) 15 March
5) None of the above
Answers with Detailed Solutions – Tap to show
1. 2) The Union Ministry of
Agriculture and Farmer’s Welfare on 11 March 2017 launched Mission Fingerling,
a programme aimed at achieving the Blue Revolution by enabling holistic development and management of fisheries. The main
motive behind this programme is to enhance the fisheries production from 10.79
mmt (2014-15) to 15 mmt by 2020-21.
2. 1) Idea Cellular, owned by
Kumar Mangalam Birla, on 20 March 2017 announced that its board has approved
the merger of Vodafone India and its wholly-owned subsidiary Vodafone Mobile
Services Limited with itself. Vodafone
will hold 45.1 per cent in the combined entity
. Idea promoters will hold
26.1 per cent of the entity.
3. 4) Bandhan Bank Ltd in March
2017 announced the signing of an agreement with Avenues India Pvt Ltd, the
leading payment solution provider in India.
4. 2) The maximum regulatory
ceiling for the loan is Rs 20 lakh.
5. 4) Radha Mohan Singh, Union
Agriculture and Farmer’s Welfare Minister, on 11 March 2017 laid the foundation
stone of the Banana Research Centre at Gorole, Vaishali, Bihar.
6. 3) The State Bank of India
(SBI) has announced a one-time farm loan settlement scheme worth Rs 6000 crore
primarily for tractors. In a tweet, the State Bank of India said, One Time
Settlement (OTS) is announced for Agriculture Loans and the Scheme is valid
until 31 March 2017.
7. 5) Paytm has launched bill
payments service in Canada.
8. 5) The Union Cabinet, chaired
by the Prime Minister Narendra Modi, on 20 March 2017 approved the following
four GST related bills –
  1. The Central Goods and Services
    Tax Bill 2017 (The CGST Bill)
  2. The Integrated Goods and Services
    Tax Bill 2017 (The IGST Bill)
  3. The Union Territory Goods and
    Services Tax Bill 2017 (The UTGST Bill)
  4. The Goods and Services Tax
    (Compensation to the States) Bill 2017 (The Compensation Bill)

9. 2) The World Bank Group (WBG)
on 15 March 2017 approved USD 210 million loan to strengthen gram panchayats
(GPs) in West Bengal.
10. 1) The Indo-Oman joint
military exercise Al Nagah-II 2017 concluded on 19 March 2017 at Bakloh in
Himachal Pradesh.
11. 2) The World Bank Board on 16
March 2017 approved the USD 175 million National Hydrology Project to
strengthen capacity of institutions to assess water situation in their regions.
12. 4) Justice Navanithi Prasad
Singh was on 20 March 2017 sworn in as the new Chief Justice of Kerala High
Court.
13. 5) World Sparrow Day was
observed on 20 March, 2017.
14. 1) Mercer on 14 March 2017
released the results of the 19th annual Quality of Living Survey. In the
survey, while Vienna occupies the
first place for overall quality of living for the 8th year running, Hyderabad
was adjudged as the best Indian city in terms of living standards. In the
infrastructure rankings, Mumbai was
ranked the highest at 141, which was
followed by Kolkata (149) and Pune (151).
15. 3) Mercer on 14 March 2017
released the results of the 19th annual Quality of Living Survey. In the
survey, while Vienna occupies the
first place for overall quality of living for the 8th year running, Hyderabad was adjudged as the best
Indian city in terms of living standards.
16. 5) The Inter-Parliamentary
Union (IPU) and UN Women on 15 March 2017 launched the Women in Politics Map
2017. India was ranked 148th.
17. 3) India and Brazil signed a
social security agreement on 16 March 2017 in Brazil’s capital Brasilia,
exempting detached workers of the two countries from making social security
contribution in either country, as long as they were making such contributions
in their own respective nations.
18. 3) World Consumer Rights Day
is being observed on 15 March 2017. The theme of the day for the year 2017 is
‘Building a Digital World Consumers can Trust’.
19. 2) State Bank of India and
real estate developers’ body CREDAI have signed a memorandum of understanding
(MoU) to jointly conduct various initiatives towards development of the realty
sector.
20. 5) The Commonwealth Day 2017
was observed by the 52 countries of the Commonwealth on 13 March 2017, the
second Monday of March 2017. The theme of Commonwealth Day 2017 was ‘A
peacebuilding Commonwealth’.

ep
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