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Financial Awareness Practice Set 12

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Financial Awareness Practice Set 12

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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 12 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 12 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. India has signed how much amount of loan agreement with the World Bank (WB) for Odisha Higher Education Programme for Excellence and Equity (OHEPEE) Project?
    A. $109 million B. $129 million C. $99 million D. $139 million E. $119 million

Answer: Option E
2. Moody’s Investors Service has upgraded India’s sovereign ratings from its lowest investment grade “Baa3” to ____?
    A. Baa1 B. Baa2 C. Baa4 D. Baa5 E. Baa0

Answer: Option B
3. What is the India’s rank in the 2017 IMD World Talent Ranking?
    A. [latex]50^{th}[/latex] B. [latex]51^{st}[/latex] C. [latex]52^{nd}[/latex] D. [latex]53^{rd}[/latex] E. [latex]54^{th}[/latex]

Answer: Option B
4. Which bank has recently launched ripple-powered instant payment service for retail and corporate customers?
    A. ICICI B. AXIS C. CITI D. HSBC E. HDFC

Answer: Option B
5. India’s first crypto-currency exchange “Coinome” has launched by which payment gateway?
    A. Direcpay B. Apple Pay C. Citrus Pay D. BillDesk E. PhonePe

Answer: Option D
1. Which country to host the [latex]3^{rd}[/latex] Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB)?
    A. China B. Japan C. Nepal D. India E. Bangladesh

Answer: Option D
2. Which Indian city has been ranked [latex]7^{th}[/latex] in most expensive office locations list, according to latest JLL India Report 2017?
    A. Delhi B. Hyderabad C. Mumbai D. Chennai E. Bengaluru

Answer: Option A
3. India and which country has recently signed pact for socio-economic development of Rakhine State?
    A. Myanmar B. Bangladesh C. Thailand D. Pakistan E. Nepal

Answer: Option A
4. Which of the following is the India’s first home-grown high purity gold reference standard, which is launched at the India Government Mint (IGM)?
    A. BND-4201 B. BND-4211 C. BND-4221 D. BND-4231 E. BND-4241

Answer: Option A
5. India has pledged to contribute how much amount to UN partnership fund at the 2017 UN Pledging Conference for Development Activities?
    A. $100 million B. $200 million C. $300 million D. $400 million E. $500 million

Answer: Option A
1. Which country has launched new virtual currency “Petro”?
    A. Venezuela B. USA C. UK D. Germany E. Russia

Answer: Option A
2. The Union Government has sanctioned how much amount for setting up a Liquefied Petroleum Gas (LPG) bottling plant in Meghalaya?
    A. Rs 55 crore B. Rs 65 crore C. Rs 75 crore D. Rs 85 crore E. Rs 95 crore

Answer: Option C
3. India has signed how much amount of loan agreement with World Bank for the Tamil Nadu Irrigated Agriculture Modernization Project?
    A. $218 million B. $318 million C. $418 million D. $518 million E. $618 million

Answer: Option B
4. KKR & Co. has become the India’s first Foreign-Owned Asset Reconstruction Company (ARC). It is associated to which country?
    A. United Kingdom B. United States C. France D. Russia E. China

Answer: Option B
5. Which state government has recently received the approval for purchase of electric vehicles under Central government’s FAME-India scheme?
    A. Manipur B. Odisha C. Karnataka D. Uttar Pradesh E. Meghalaya

Answer: Option C

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