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December 23, 2016

Review 2016 : Banking & Financial Awareness Quiz - Set 2

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  1. India’s first banking robot Lakshmi launched by _____________ in Chennai (Tamil Nadu). Lakshmi will be first on­site huamanoid (robot) in India ?
    1. ICICI Bank
    2. City Union Bank
    3. South Indian Bank
    4. Axis Bank
    5. None of These
  2. Which bank has launched Immediate Payment Service (IMPS) at all its branches across to provide inter-bank electronic fund transfer service ?
    1. Bank of India
    2. SBI
    3. HDFC
    4. Andhra Bank
    5. None of These
  3. Which automobile giant has incorporated its agricultural equipment rental services arm Trringo.com as a wholly-owned subsidiary ?
    1. Eicher
    2. Ashok Leyland
    3. Tata
    4. Mahindra & Mahindra
    5. None of These
  4. Which bank has tied up with United India Insurance Company, so that all UIIC products can now be bought at any branch of the bank ?
    1. Bank of Maharashtra
    2. Dena Bank
    3. Indian Overseas Bank
    4. Oriental Bank of Commerce
    5. None of These
  5. Foreign Companies providing OIDAR (________________) services in India will pay Service Tax from 1st December 2016. It is being done to provide a level playing field to Indian service providers providing taxable OIDAR services ?
    1. Online information and deemed access or retrieval
    2. Online information and dual access or retrieval
    3. Online information and duty access or retrieval
    4. Online information and database access or retrieval
    5. None of These
  6. Government allowed States to impose stock limits to check price rise in _______________, keeping in view recent upward trend in its prices ?
    1. Sugar
    2. Oil
    3. Coal
    4. Vinegar
    5. None of These
  7. Government released Rs ____________ towards its co-contribution for Atal Pension Yojana (APY) for 2015-16 ?
    1. 1000 crore
    2. 100 crore
    3. 200 crore
    4. 500 crore
    5. None of These
  8. Government issued new notes of denominations 500 and 2000. Size of INR 500 note is 63mm * 150mm while size of INR 2000 note is _____________ ?
    1. 63mm * 163mm
    2. 63mm * 166mm
    3. 66mm * 172mm
    4. 66mm * 163mm
    5. 66mm * 166mm
  9. As per Union Budget 2016 - 17, Increase limit of deduction of rent paid under 80 GG from Rs 24,000 per annum to Rs ____________ to provide relief to those who live in rented houses ?
    1. 50,000
    2. 60,000
    3. 40,000
    4. 70,000
    5. None of These
  10. Government announced to develop ____________ projects in 2015-16 with investments of Rs.14,225 crores and capacity enhancement by 162 MTPA (million tonnes per annum) ?
    1. 46
    2. 26
    3. 36
    4. 76
    5. 56
  11. Government withdrew proposal to tax Employee Provident Fund (EPF) withdrawals. As per Budget 2016-17, ___________ of amount deposited in EPF account of the employee was proposed to be taxable at time of withdrawal ?
    1. 60 %
    2. 50 %
    3. 40 %
    4. 80 %
    5. 90 %
  12. Government approved support of Rs 718 Crores to _____________ for payment of outstanding salaries and other employee related dues. It also approved closure of Company's Tractor Division by offering attractive VRS / VSS at 2007 notional pay scales ?
    1. SAIL
    2. HAL
    3. HFL
    4. HMT
    5. None of These
  13. Department of Investment and Public Asset Management (DIPAM) selected four investment banks (Nomura, SBI Caps, ICICI Securities and IDBI Capital) for proposed share sale in _____________ ?
    1.  GAIL
    2.  BEL
    3.  SAIL
    4.  Housing & Urban Development Corporation Limited
    5.  None of These
  14. International Finance Corporation (IFC) of World Bank launched its first Uridashi Masala Bonds (____________ bonds), to mobilise 30 crore rupees from retail investors and will be sold to household investors ?
    1. Colombian
    2. Nepali
    3. Vietnamese
    4. Chinese
    5. Japanese
  15. Government extended deadline for implementing Ujjwal Discom Assurance Yojana (UDAY) to March 31st of which year ?
    1. 2020
    2. 2019
    3. 2018
    4. 2017
    5. 2021
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