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Financial Awareness Practice Set 4

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Financial Awareness Practice Set 4

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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 4 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 4 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 ministerial committee has been constituted by the Central Government on PSU bank mergers?
    A. ArunJaitley committee B. Rajiv Kumar committee C. Raghuram Rajanc ommittee D. Lodhacommittee E. None of the above

Answer: Option A
2. Which Insurance Company has won the “2017 General Insurance Company of the Year” at the 21st Asia Insurance Industry Awards?
    A. Apollo Munich Health Insurance Company B. United India Insurance Company Ltd C. New India Assurance Company Ltd D. Life Insurance Corporation of India (LIC) E. None of the above

Answer: Option A
3. Who has been honored with the 2017 National Entrepreneurship Award under Mentor (Government) Category?
    A. Dr. Radhika B. Dr. RenuSwarup C. Dr. Ramakrishna D. Dr. Ramyapriya E. Dr. Rajeshwari

Answer: Option B
4.India has signed how much amount of loan agreement with World Bank for “Shared Infrastructure for Solar Parks Project (SISPP)”?
    A. $200 million B. $150 million C. $170 million D. $120 million E. $100 million

Answer: Option E
5.Which country hosted the 10th South Asia Economic Summit (SAES-2017)?
    A. India B. Bangladesh C. Singapore D. Nepal E. Tibet

Answer: Option D
1.The National Conference on “Insolvency and Bankruptcy: Changing Paradigm” was held in which city?
    A. New Delhi B. Hyderabad C. Mumbai D. Pune E. Chennai

Answer: Option C
2. Which bank has recently launched two digital products: Bharat QR and Bharat Bill Payment System (BBPS) for online payments?
    A. Dena Bank B. Central Bank C. Canara Bank D. PNB E. SBI

Answer: Option C
3. Under the chairmanship of whom the 17th meeting of the Financial Stability and Development Council (FSDC) was held?
    A. Ajay Tyagi B. Deepak Mishra C. Raghuram Rajan D. Arun Jaitley E. Urjit R. Patel

Answer: Option D
4. Which RBI committee has recently recommended that banks should link home loan rates to repo rate?
    A. TarunRamadorai B. Archana Roy C. Meghana Prakash D. Amitav Ghosh E. None of the above

Answer: Option A
5. The Reserve Bank of India (RBI) has recently approved Spice Digital to process bill payments under BBPS. Where is the headquarters of the Spice Digital?
    A. Gurugram B. Delhi C. Noida D. Mumbai E. Pune

Answer: Option C
1. Which city to host Digital Haryana Summit (SHS)?
    A. Gurgaon B. Hyderabad C. Mumbai D. Delhi E. Kolkata

Answer: Option A
2. Which city to host Asian Bankers Association summit?
    A. Mumbai B. Chennai C. Hyderabad D. Delhi E. Indore

Answer: Option A
3. Who will be the convener of task force to review the Income Tax Act 1961?
    A. Arbind Modi B. Sushil Modhi C. Girish Ahuja D. Arun Shetty E. Varunkona

Answer: Option A
4. Which bank has launched a unified integrated app YONO (You Need Only One) for financial services?
    A. PNB B. ICICI C. HDFC D. AXIS E. SBI

Answer: Option E
5. The Asian Development Bank (ADB) has approved how much fund for Reliance Bangladesh Liquefied Natural Gas (LNG)?
    A. $383 million B. $483 million C. $583 million D. $683 million E. $783 million

Answer: Option C

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