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Financial Awareness Practice Set 11

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Financial Awareness Practice Set 11

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What is meant by Financial Awareness? Financial awareness foundation is financial literacy, which is defined as: The ability to use knowledge and skills to effectively manage financial resources efficiently at a personal level and through the life cycle.
Financial Awareness Practice Set 11 is a section that is present in most of the banking competitive exams. Candidates planning to take up employment in the banking sector must be aware of many of the terms policies and other such important information related with financial awareness. The article Financial Awareness Practice Set 11 provides quiz sets useful to the candidates while preparing Various Banking & Government Exams like SBI PO, SBI Clerk, SSC CPO, SSC CHSL.

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1. The Institute of Chartered Accountants of India (ICAI) has recently signed MoU with which country on mutual co-operation?
    A. China B. Bangladesh C. Pakistan D. Nepal E. USA

Answer: Option D
2. Nepal has signed how much amount of United Nations Development Assistance Framework (UNDAF) for 2018-2022?
    A. USD 935 million B. USD 835 million C. USD 735 million D. USD 635 million E. USD 535 million

Answer: Option D
3. India signed how much amount of loan deal with Japan International Cooperation Agency (JICA) to upgrade Alang-Sosiya Shipyards?
    A. $111 million B. $86 million C. $76 million D. $66 million E. $56 million

Answer: Option C
4. Which bank has launched ‘Project Nishchay’ to improve financial performance?
    A. ICICI B. CITI Bank C. HDFC Bank D. SBI E. IDBI Bank

Answer: Option E
5. Bangladesh has signed how much amount of loan deal with India for its infrastructure and social sector development?
    A. $2.5-billion B. $3.5-billion C. $4.5-billion D. $5.5-billion E. $6.5-billion

Answer: Option C
1. As per RBI’s revised guidelines on interest subvention scheme, banks will provide funds to women SHGs in rural areas at how much percentage under DAY-NRLM for FY18?
    A. 6.5% B. 7.5% C. 8.0 % D. 7.0 % E. 7.3 %

Answer: Option D
2. Who will be the new chief executive of India operations of Hongkong and Shanghai Banking Corp. Ltd (HSBC)?
    A. Jayant Rikhye B. Javeed Ahmed C. Stuart Milne D. Gianluigi Buffon E. Nikhil Chopra

Answer: Option A
3. EEPC India has signed pact with which Indian bank for export finance?
    A. SBI B. PNB C. ICICI D. CITI Bank E. HDFC Bank

Answer: Option B
4. India has signed how much amount of loan agreement with Asian Development Bank (ADB) to support coastal protection in Karnataka?
    A. $15.5 million B. $35.5 million C. $65.5 million D. $85.5 million E. $95.5 million

Answer: Option C
5. Which Multi-Agency Group (MAG) has reconstituted by the Union Government to probe into cases of Paradise Papers?
    A. Arun Jaitley group B. Sushil Chandra group C. Sharath Pawar group D. Nilesh Kumar group E. Akilesh Menon group

Answer: Option B
1. What is the India’s rank at the latest World Economic Forum (WEF)’s Global Manufacturing Index (GMI)?
    A. [latex]21^{st}[/latex] B. [latex]30^{th}[/latex] C. [latex]49^{th}[/latex] D. [latex]56^{th}[/latex] E. [latex]70^{th}[/latex]

Answer: Option B
2. Who has been appointed the Chairman of the newly formed Finance Commission by Indian Olympic Association (IOA)?
    A. VenuMadhav Rao B. Parag Jain C. Anirudh Srivastava D. Anil Khanna E. Utkarsh Parashar

Answer: Option D
3. Which commodity exchange has launched India’s first agri-commodity options contract in guar seeds?
    A. Multi Commodity Exchange (MCX) B. National Commodity and Derivatives Exchange (NCDEX) C. Universal Commodity Exchange (UCX) D. National Multi-Commodity Exchange (NMCE) E. None of the above

Answer: Option B
4. Who has been appointed as the new Managing Director and CEO of National Payments Corporation of India (NPCI)?
    A. Nirav Shah B. Shashank Prathipati C. Dilip Asbe D. Shubham Aggarwal E. Joseph Will

Answer: Option C
5. NABARD has signed pact with which bank to promote Joint Liability Groups (JLGs) in Bengal?
    A. SBI B. Dena C. Syndicate D. Canara E. PNB

Answer: Option A

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