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Financial Awareness Practice Set 14

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Financial Awareness Practice Set 14

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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 14 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 14 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. Which international organisation has granted $175,000 for healthcare of Rohingya refugees in Cox’s Bazar of Bangladesh?
    A. UNESCO B. UNICEF C. UNDP D. WHO E. WTO

Answer: Option D
2. The Asian Development Bank (ADB) has sanctioned how much amount of loan facility to carry forward fiscal reforms in West Bengal?
    A. $200 million B. $300 million C. $400 million D. $500 million E. $600 million

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

Answer: Option C
4. Which Indian entrepreneur has won the prestigious International Business Person of the Year award in London for innovative IT solutions?
    A. Rajeev Kumar B. Abhay Goel C. Arun Kumar D. Birendra Sasmal E. Prateek Reddy

Answer: Option D
5. The Gujarat Chamber of Commerce and Industry (GCCI) has signed a MoU with which country for Business co-operation?
    A. USA B. Russia C. China D. South Korea E. Japan

Answer: Option D
1. What is the India’s rank at the latest World Economic Forum (WEF)’s Global Manufacturing Index (GMI)?
    A. [latex]45^{th}[/latex] B. [latex]30^{th}[/latex] C. [latex]29^{th}[/latex] D. [latex]47^{th}[/latex] E. [latex]90^{th}[/latex]

Answer: Option B
2. 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
3. ‘Shishu’, ‘Kishore’ and ‘Tarun’ are associated with
    A. RBI B. EXIM C. SEBI D. MUDRA E. NABARD

Answer: Option D
4. Which Markets regulato stated that cross-holding in credit rating agencies (CRAs) will be capped at 10 percent and also decided to raise the minimum networth requirement to Rs 25 crore from the current Rs 5 crore?
    A. SEBI B. RBI C. EXIM D. NABARD E. IRDB

Answer: Option A
5. Which among the following country is set to leapfrog Britain and France in 2018 to become the world’s fifth-largest economy in dollar terms, according to the report by Centre for Economics and Business Research (CEBR) consultancy’s 2018 World Economic League Table?
    A. India B. Russia C. Japan D. USA E. China

Answer: Option A
1. Bad loans of Public sector banks (PSBs) stood at _______________ by the end of second quarter this fiscal (2017-18), a bulk of which came from corporate defaulters, private sector banks’ NPAs were considerably low.
    A. Rs 4.34 lakh B. Rs 5.34 lakh C. Rs 6.34 lakh D. Rs 7.34 lakh E. Rs 8.34 lakh

Answer: Option D
2. Which Bank has approved raising Rs 8,000 crore through various sources, including masala bonds, to meet Basel III capital norms recently?
    A. Dena Bank B. PNB C. SBI D. ICICI E. HDFC

Answer: Option C
3. How much amount did the Public sector IDBI Bank receive through the capital infusion from the government of India?
    A. Rs.6,729 crore B. Rs.5,729 crore C. Rs.4,729 crore D. Rs.3,729 crore E. Rs.2,729 crore

Answer: Option E
4. The Indian Institute of Corporate Affairs (IICA) and ___________ has signed an agreement for the training of employees of the latter in the area of payment banking.
    A. PNB B. SBI C. BOB D. RBI E. IPPB

Answer: Option E
5. RBI will shortly issue Rs10 denomination banknotes in the Mahatma Gandhi (New) Series. The new denomination has the motif of _________________ on the reverse.
    A. Taj Mahal B. Sun Temple C. Ashoka Pillar D. Red Fort E. Charminar

Answer: Option B

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