Current Affairs Questions for Banking Exam

1. The new insider trading regulations came into effect starting
  • 1) 5 May 
  • 2) 11 May
  • 3) 15 May 
  • 4) 16 May
  • 5) None of these
Ans: (3) 

2. BB King passed away at 89 recently. He was a veteran 
  • 1) novelist 
  • 2) economist
  • 3) singer and guitarist 
  • 4) drummer
  • 5) None of these
Ans: (1) 

3. The sixth meeting of SAARC Home ministers to focus on human trafficking was held in headquarters of the grouping in __________recently.
  • 1) Dhaka 
  • 2) Kathmandu
  • 3) New Delhi 
  • 4) Colombo
  • 5) None of these 
Ans: (2) 

4. The Reserve Bank of India has waived the second or the additional factor of authentication (AFA) for small value transactions up to
  • 1) Rs 1,000 
  • 2) Rs 2,000
  • 3) Rs 2,500 
  • 4) Rs 3,000
  • 5) None of these
Ans: (3) 

5. India and China on 15 May signed 24 deals worth over $10 bn during PM Narendra Modi's visit to China. There is a pact to establish consulates-general at Chengdu in China and at _________in India.
  • 1) Mumbai 
  • 2) Hyderabad
  • 3) Bangalore 
  • 4) Chennai
  • 5) None of these
Ans: (4) 

6. As informed by the govt to the Parliament on 13 May, the trade deficit between India and China increased about 34 per cent in 2014-15 to
  • 1) USD 28 bn 
  • 2) USD 34 bn
  • 3) USD 36.21 
  • bn 4) USD 41 bn
  • 5) USD 48.43 bn
Ans: (5) 

7. PM Narendra Modi and President Xi Jinping on 14 May visited the iconic Giant Wild Goose Pagoda built in 652 AD in recognition of monk
  • 1) Hiuen Tsang 
  • 2) Asanga
  • 3) Zhang Qian 
  • 4) Faxian
  • 5) Kumarajiva
Ans: (4) 

8. The Central govt on 15 May said that it has finalised the rural business process outsourcing (BPO) policy and approved ________ seats for setting up call centres across the country.
  • 1) 28,000 
  • 2) 32,000
  • 3) 38,000 
  • 4) 48,000
  • 5) 52,000
Ans: (2)

9. The country's first e-cabinet meet was held in which of the following states recently? In this state cabinet meet I-pads and power point presentation replaced the papers.
  • 1) Karnataka 
  • 2) Andhra Pradesh
  • 3) Gujarat 
  • 4) Maharashtra
  • 5) None of these
Ans: (2)

10. Indian space agency ISRO is all set to insert Mangalyaan into the Martian orbit on 24 Sep. Which of the following space agencies in the world has/have succeeded in similar attempts so far?
  • 1) European Space Agency 
  • 2) Russian Federal Space Agency
  • 3) NASA 
  • 4) All the above
  • 5) Only 2) and 3) 
Ans: (4) 

11. India and Vietnam inked seven pacts during the recent visit of the President Pranab Mukherjee to Vietnam. Which of the following is NOT one among these seven pacts?
  • 1) A Letter of Intent (LoI) signed between the OVL and Vietnam Oil 
  • 2) Pact for extending a dollar credit line between Vietnam and EXIM Bank of India
  • 3) Agreement on jointly dealing with aggression in South China Sea 
  • 4) MoU on setting up of Pangasius breeding and farming in India
  • 5) MoU on operating and jointly promoting direct air services 
Ans: (3)

12. Who among the following is the new chairman of Indian Banks’ Association (IBA)?
  • 1) Chanda Kochhar 
  • 2) Arun Kaul
  • 3) KR Kamath 
  • 4) TM Bhasin
  • 5) None of these 
Ans: (4) 

13. The third phase of the Norochcholai power plant was dedicated to nation in Sri Lanka recently. This power plant has been build with assistance from which of the following countries?
  • 1) Canada 
  • 2) Germany
  • 3) China 
  • 4) Japan
  • 5) None of these 
Ans: (3)

14. The govt has approved an exit policy for highway developers who can now divest 100 per cent equity two years after completion of construction. The decision will apply to
  • 1) pre-2009 projects 
  • 2) pre-2008 projects
  • 3) pre-2007 projects 
  • 4) pre-2004 projects
  • 5) None of these
Ans: (1) 

15. The Road Transport and Highways Ministry decided to roll out a new programme named FASTag across the country. This new programme is aimed at
  • 1) measuring speed and load of vehicles electronically 
  • 2) nabbing drunk drivers electronically
  • 3) tracing vehicle on highways electronically 
  • 4) payment of highway tolls electronically
  • 5) None of these 
Ans: (4)