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Bank Exam - Current Affairs Quiz

Current Affairs Quiz

Ques. : 1 What is the expanded form of CACP? It is a statutory body that advises the govt on the pricing policy for major farm produce? 
1) Commission for Agricultural Crops and Prices
2) Commission for Agricultural Crops and Production
3) Commission for Agricultural Costs and Production
4) Commission for Agricultural Costs and Prices
5) None of these

Ques. : 2 The sports ministry approved the name of who among the following for the highest sports award in the country, Rajiv Gandhi Khel Ratna Award, for 2014? 
1) Vikas Gowda
2) Mithali Raj
3) Parupalli Kashyap
4) Deepika Kumari
5) None of these

Ques. : 3 The Reserve Bank of India (RBI) issued draft guidelines for the implementation of Bharat Bill Payment System (BPPS). The BPPS system is based on a report submitted by the GIRO (Govt Internal Revenue Order) Advisory Group set up under the chairmanship of 
1) Umesh Bellur
2) Shashi Kant Sharma
3) CB Bhave
4) UK Sinha
5) None of these

Ques. : 4 IDBI Bank has revealed that the bank is looking to raise Rs 5,000 cr by paring down the govt of India stake in it from 76.5 per cent to 58 per cent or 51 per cent. Who among the following is the chairman and managing director (CMD) of IDBI bank? 
1) VR Iyer
2) MS Raghavan
3) TM Bhasin
4) JP Dua
5) None of these

Ques. : 5 A consortium of banks which has lent money to the beleaguered Kingfisher Airlines, has declared the airline a wilful defaulter. The country's top loan defaulter owes a staggering _________to banks. 
1) Rs 5,000 cr
2) Rs 6,000 cr
3) Rs 7,000 cr
4) Rs 9,000 cr
5) None of these

Ques. : 6 The govt has proposed to set up a Telecom Finance Corporation (TFC) to boost the telecom sector. Which of the following is NOT correct in this regard? 
1) The TFC will be set in the 12th Five Year Plan period (2012-17).
2) It will be registered as a non-banking and non-deposit infrastructure finance company.
3) The time frame to set up proposed TFC is up to Mar 31, 2017.
4) The main sources of funds for TFC shall be through issue of taxable and tax-free bonds.
5) None of these

Ques. : 7 Insurance sale and services through a common service centre (CSC) was launched by TS Vijayan, chairman of IRDA recently. The CSCs were set-up under __________ scheme. 
2) Digital India
3) National e-Governance
4) Bharat Nirman
5) None of these

Ques. : 8 The Competition Commission of India (CCI) has imposed a combined penalty of more than Rs 2,500 cr on 14 companies related to which of the following sectors for unfair business practices recently? 
1) Textiles
2) E-commerce
3) Automobiles
4) Steel
5) None of these

Ques. : 9 The Govt finalised Governors for some states recently. Which of the following pairs is NOT correct in this regard? 
1) Rajasthan – Kalyan Singh
2) Karnataka – Vajubhai Vala
3) Goa – Mridula Sinha
4) Maharashtra – C Vidyasagar Rao
5) None of these

Ques. : 10 Sheila Dikshit resigned as Governor of which of the following states recently? 
1) Maharashtra
2) Karnataka
3) Tamil Nadu
4) Kerala
5) None of these

1. 4) Commission for Agricultural Costs and Prices
2. 5) None of these
3. 1) Umesh Bellur
4. 2) MS Raghavan
5. 3) Rs 7,000 cr
6. 5) None of these
7. 3) National e-Governance
8. 3) Automobiles
9. 5) None of these
10. 4) Kerala

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