Financial Expected Questions - November, 2016 Page |1

1. How much amount grant did Australia recently announce for projects with India? - $6.3 million
2. How many grants did Australia announce for projects with India in various fields? - 19
3. ICICI Banks' Home Overdraft facility allows a salaried customer to seek loans up to ______. - 1
Crore rupees
4. What is the minimum amount of loan under ICICI Bank Home Overdraft Facility? - 5 Lakh
5. Which of the following section empowers government to exempt the genuine properties of
religious organisation like a church or a mosque or a gurdwara or a temple from the Benami
Transaction Act? - 58
6. Under the Benami Transaction Act, the penalty includes imprisonment up to - Seven Years
7. Which of the following company recently signed a MoU with University of New South Wales? -
TCS
8. Which of the following company recently announced to acquire UK-based design agency
Foolproof? - Zensar
9. The Government notified the rules for Real Estate (Regulation and Development) (General) Rules,
2016 that seeks to regulate the housing sector besides bringing transparency and ensuring timely
completion of projects in how many UTs? - 5 Union Teritorries
10. What is the percentage of GST for Sin Goods? - 28% and a cess
11. Most of the food items will have GST at the rate of _____. - Zero
12. With which of the following country did Telecom Sector Skill Council (TSSC) recently sign a MoU
to strengthen cooperation in the field of corporate job vacancies and recruitment services post
skilling in India and internationally? - Taiwan
13. What will be the lowest rate of GST? - 5%
14. Which of the following company recently became the first to get approval of a high-level panel
set up under RBI's new scheme for Sustainable Structuring of Stressed Assets (S4A)? - Hindustan
Construction Company (HCC)
15. Which of the following company recently received the Reserve Bank of India’s permission to
provide outbound cross border payment services to banks in India? - Earthport Plc
16. With which of the following company did Tata Motors recently sign a MoU for armoured vehicles?
- Indonesia’s PT Pindad
17. The Internet Corporation of Assigned Names and Numbers(ICANN)'s 57th annual general meeting
was held in - Hyderabad, India
18. Heritage Foods was recently acquired by _______. - Future Retail
19. Future Retail recently acquired Heritage Foods. It was owned by _______. Andhra Pradesh CM N
Chandrababu Naidu
20. Which of the following company recently acquired UK-based geospatial solutions firm Blom
Aerofilms? - Cyient India
21. Which of the following state recently launched campaign "Lakshya Bhagirathi" to complete
irrigation projects? - Chhattisgarh
22. With which of the following country did India recently sign a MoU in ease of doing business? -
United Kingdom
23. With which of the following country did India recently sign a MoU in intellectual property rights
(IPRs)? - United Kingdom
24. What was India's rank in global business optimism index? - 2nd

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25. Which of the following banks recently became the first bank in India to launch robots in its
branches? - City Union Bank
26. City Union Bank became the first bank in the country to deploy robots in its branches in ______.
-Chennai
27. City Union Bank became the first bank in the country to deploy robots in its branches. What is the
name of the robot? - 'CUB-Lakshmi'
28. What is the project cost of Pradhan Mantri Yuva Yojana? - 499.94 crore rupees
29. What is the project cost of Pradhan Mantri Kaushal Vikas Yojana 2.0 (2016-2020)? - 3000 crore
rupees

30. What amount of service charge per annum will the Union Government pay to the Goods and
Services Tax Network? - 500 crore
31. With which of the following country did India recently sign an agreement for civil nuclear deal for
non-military use? - Japan
32. With which of the following country did India recently sign a MoU in the field of outer space? -
Japan
33. With which of the following country did India recently sign a MoU on the Manufacturing Skill
Transfer Promotion Program? - Japan
34. With which of the following country did the National Investment and Infrastructure Fund recently
sign a MoU to enable cooperation and promoting investment in infrastructure projects in railways
and transportation? - Japan
35. With which of the following country did India recently sign a MoU in the field of agriculture? -
Japan
36. Which of the following state government recently signed a MoU with Canada to execute a joint
action plan on the development of the state’s urban infrastructure? - Maharashtra
37. With which of the following country did Maharashtra recently sign a MoU to execute a joint action
plan on the development of the state’s urban infrastructure? - Canada
38. The International Competition Network (ICN) 2018 Annual Conference will be held in ________. -
New Delhi, India
39. With which of the following country did India recently sign a MoU in the Field of Textiles? - Japan
40. With which of the following state did Japan recently sign a MoU for cooperation in the fields of
academics, business, cultural cooperation, disaster management and environmental protection?
- Gujarat
41. What amount of clean energy projects did India and US launch recently? - US$ 95 million
42. Who was recently appointed to head the task force to re-calibrate all ATMs? - SS Mundra
43. Name the banks whose members will be the participant of the task-force to re-calibrate all ATMs.
- State Bank of India, Axis Bank, ICICI Bank and HDFC Bank.
44. Name the first Indian state to adopt Fly Ash Utilisation Policy. - Maharashtra
45. What amount of loan agreement did India sign with ADB to build country's longest river bridge
across Ganges River? - US$ 500
46. With which of the following organisation did India recently sign a loan agreement to build
country's longest river bridge across Ganges River? - Asian Development Bank
47. With which of the following nation did India recently sign an agreement on water resource
management? - Israel

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48. With which of the following nation did India recently sign an agreement on agriculture? - Israel
49. Name the first state of India to adopt a resolution that welcomes the demonetisation scheme of
the union government. - Chhattisgarh
50. What is the full form of AUCA? - Advance Under Collection Account
51. The State Bank of India (SBI), has decided to write off loans worth almost ______. - 7016 Crore
Rupees
52. What was HDFC Bank's Aditya Puri's rank in the US magazine Fortune's top 50 business persons
list for 2016? - 36
53. Switzerland recently agreed to automatic sharing of information with India on Swiss bank
accounts of Indians as on ______. - September, 2018 and onwards
54. Which of the following company recently signed a MoU with Omantel? - HCL Infosystems
55. What is the minimum support under Pradhan Mantri Awaas Yojana (Gramin) to a household? -
1.5 to 1.6 lakh rupees
56. Under the Pradhan Mantri Awaas Yojana (Gramin), if the beneficiary desires, there is also a
provision of Bank loan of up to _______. - 70000 rupees.
57. The Pradhan Mantri Awaas Yojana (Gramin) aims to provide an environmentally safe and
protected pucca house to every rural household by - 2022
58. Who among the followings launched India's first Payments Bank? - Airtel
59. In which of the following state did Airtel recently launch India's first payments bank? - Rajasthan
60. Which of the following company recently acquired Russian pharma company JSC Biosintez? - Sun
Pharma
61. For what amount did Sun Pharma recently acquire Russian pharma company JSC Biosintez? - $24
million
62. What is the name of the newly launched UPI based app of State Bank of India? - SBIPay
63. With the launch of SBI's UPI app SBI Pay, how many banks in total have launched UPI app? - 30
64. Which of the following bank did recently launch CASH@POS service at Mumbai Airport? - IDBI
Bank
65. IDBI Bank recently launched CASH@POS service at __________. - Chhatrapati Shivaji
International Airport
66. Which of the following bank recently partnered with Gujarat State Road Transport Corporation
(GSRTC) to digitise payment of bus tickets for its customers? - YES Bank
67. With which of the following state transport corporation did YES Bank recently partnered to digitise
payment of bus tickets for its customers? - Gujarat
68. Which of the following company recently entered into a joint venture with Japanese snacking firm
Kameda Seika, to sell rice-based snacks in India? - LT Foods
69. Union Cabinet recently approved setting up of Jawahar Navodaya Vidyalaya (JNV) in how many
districts? - 62
70. Union Cabinet recently approved the setting up of Jawahar Navodaya Vidyalaya (JNV) in 62
uncovered districts with an outlay of ______. - Rs 2871 crore
71. With which of the following bank did INOX Leisure recently tie up to dispense cash using PoS
machines? - State Bank of India
72. With which of the following bank did Suzuki Two Wheelers recently tie up for cashless transactions
during demonetisation? - HDFC Bank

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73. Along with HDFC Bank with which of the following company did Suzuki Two Wheelers recently tie
up for cashless transactions during demonetisation? - PayTM
74. With which of the following company did National Highways Authority of India (NHAI) recently tie
up for digitising payments at toll plazas? - MobiKwik
75. National Highways Authority of India (NHAI) recently tied up with MobiKiwik for digitising
payments at ______ toll plazas. - 391
76. Which of the following company recently tied up with Self-Employed Women's Association of
India (SEWA) to expand their business in rural areas? - Airbnb
77. In which of the following state did China’s Sany Group recently announced investment of $2
billion? - Gujarat
78. What amount of MoU did Gujarat recently sign with China’s Sany Group? - $2 billion
79. Which of the following company recently announced to sell popular Indian dairy brand Amul’s
products online in the United States? - Amazon
80. Name the portal Union Government recently launched to connect breeders and farmers? - e-
Pashuhaat
81. Which of the following state recently announced to become the first state to operate cashless in
the country from 31 December 2016? - Goa
82. Who will head the government announced committee to form a strategy to accelerate the process
of transforming India into a cashless economy? - Amitabh Kant
83. Name the India’s first Digital Village. - Akodara in Gujarat
84. Which of the following banks recently launched digital service SIMsePAY for feature phone users?
- YES Bank
85. YES Bank launched digital service SIMsePAY for feature phone users in which of the following
state? - Uttarakhand(Dehradun)
86. Who was appointed to head panel of CMs to boost digital payment systems? - Andhra Pradesh
CM N. Chandrababu Naidu
87. Which of the following bank recently tied up with Federation of Retail Traders Welfare Association
to offer cash withdrawal facility at retail outlets? - HDFC Bank
88. Which of the following company recently invested $40000 in Indian fashion start-up CoutLoot? -
Facebook
89. What amount did Facebook recently invest in Indian fashion start-up CoutLoot? - $40,000
90. Which of the following bank recently launched 'Aadhaar Payment Bridge System' (APBS) for small
ticket micro-finance loan disbursements? - RBL Bank
91. The Taxation Laws (Second Amendment) Bill, 2016 proposes to introduce ______________. -
Pradhan Mantri Garib Kalyan (PMGK) Yojana, 2016

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