IBPS Clerk Exam Special: Economy/Banking Current Affairs Questions Part 3

IBPS Clerk Exam Special: Economy/Banking Current Affairs Questions Part 3

Friends…here is the Part-3 Questions. There has been suggestion from some friends to upload the PDF of this. We promise you that when the series of questions end….we will compile all questions together and provide you the PDF. Happy Reading….

1) The executive committee of the Indian Newspaper Society (INS) has approved a proposal to increase Foreign Direct Investment (FDI) from current 26% to _______ in print media in August 2013.

(A) 100%

(B) 76%

(C) 49%

(D) None of These

Ans. (C) 49%

2) The Government raised foreign direct investment (FDI) limit to ______ in the telecom sector in August 2013.

(A) 74%

(B) 100%

(C) 51%

(D) 85%

Ans. (B) 100%

3) Who took over as the new Chairman and Managing Director of Central Bank of India in August 2013?

(A) V Kannan

(B) Rakesh Sethi

(C) Rajeev Rishi

(D) None of These

Ans. (C) Rajeev Rishi

4) India surpassed ________ to become third largest Internet population, as per the the ComScore report published in August 2013.

(A) China

(B) Japan

(C) USA

(D) Brazil

Ans. (B) Japan

5) Who was elected as the Chairperson of the International Coffee Council at the meetings of the International Coffee Organization held in Belo Horizonte, Brazil in Sep 2013?

(A) Jawaid Akhtar

(B) Juan Esteban Orduz

(C) Conradin Rasi

(D) None of These

Ans. (A) Jawaid Akhtar

6) State Government of Rajasthan laid the foundation stone for world’s biggest solar park at Bhadla in August 2013. Bhadla is in which district?

(A) Jaisalemer

(B) Jodhpur

(C) Barmer

(D) Bikaner

Ans. (B) Jodhpur

7) IT outsourcing company iGate Corp has appointed whom as its new Chief Executive Officer (CEO) in Sep 2013?

(A) Ashok Vemuri

(B) Girish Paranjpe

(C) Krishnakumar Natarajan

(D) Suresh Vaswani

Ans. (A) Ashok Vemuri

8) Which bank won the “Best Banker Growth-Mid Sized” award in the second edition of The Sunday Standard Best Bankers’ Awards 2013 (announced in Sep 2013)?

(A) Karnataka Bank

(B) Karur Vysya Bank

(C) Maharashtra Bank

(D) IDBI Bank

Ans. (B) Karur Vysya Bank

9) Telecommunication major Vodafone India in association with which bank has started a unique money transfer and payment service “M-Pesa” in August 2013?

(A) HDFC bank

(B) ICICI bank

(C) Axis Bank

(D) Kotak Mahindra Bank

Ans. (B) ICICI bank

10) Parliament has approved the new Companies Bill in August 2013. As per the new bill, Companies have to spend at least ______ of their average profits in the last three years towards Corporate Social Responsibility (CSR) activities.

(A) 2.5%

(B) 1%

(C) 2%

(D) 3%

Ans. (C) 2%   

View other parts of this Question Series: Click Here

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Daily Current Affairs: 12 November 2013

Daily Current Affairs: 12 November 2013

1) ISRO successfully completed supplementary orbit-raising operation: A day after suffering a glitch during the fourth orbit-raising operation on its Mars Orbiter Mission, ISRO today successfully completed the supplementary manoeuvre this morning, raising the spacecraft’s apogee (farthest distance from Earth) to over 1,18,000 km. After suffering a glitch during the fourth orbit-raising operation yesterday, ISRO planned for a supplementary manoeuvre at 5 a.m. to achieve the targeted apogee of one lakh km. ISRO’s PSLV C 25 successfully injected the 1,350-kg Mangalyaan Orbiter (Mars craft) into orbit around Earth some 44 minutes after a textbook launch at 2:38 p.m. from Satish Dhawan Space Centre at Sriharikota on Tuesday last, marking the successful completion of the first stage of the Rs 450-crore mission.

2) Mann Deshi Bank founder gets Schwab Foundation award: Chetna Vijay Sinha, Director, Mann Deshi Mahila Bank and Mann Deshi Foundation, on Monday bagged the 2013 India Social Entrepreneur of the Year award by The Schwab Foundation for Social Entrepreneurship, a sister organisation of the World Economic Forum, in partnership with Jubilant Bhartia Foundation.

3) Haryana joins hands with Cargill to launch food bank: Haryana launched its first food bank to support various feeding programmes in Gurgaon and nearby areas on Monday. The food bank is being supported by global food major Cargill and India Food Banking Network (IFBN), initiated by Sam Pitroda, Advisor to Prime Minister on Public Information Infrastructure and Innovations.

4) Four quakes shake Delhi: Four earthquakes shook national capital Delhi within a period of 3 hours early tuesday.

5) Park Hyatt Hyderabad named best luxury hotel: Park Hyatt Hyderabad has been named the Best New Luxury Hotel in the Country at the World Luxury Hotel Awards 2013.

6) KyaZoonga.com: Tickets for Sachin's farewell test sold out in 15 hours- A day after it crashed due to heavy traffic, Kyazoonga.com, which was to sell tickets for Sachin Tendulkar’s 200th and final Test match, today announced that all the tickets made available to them by the State cricket association were sold out within 15 hours of going on sale.

7) Idea slashes 2G data tariffs by 90%: In an attempt to further increase mobile broadband in India, Idea Cellular has slashed 2G data tariffs by 90 per cent by all its circles. Similarly, the country’s third largest operator has also reduced 3G data charges by 33 per cent.

8) K.M. Sahni is new NMCE chief: Retired bureaucrat Krishna Mohan Sahni, a 1969 batch IAS officer, has been appointed Chairman of the National Multi-Commodity Exchange of India Ltd (NMCE). His appointment has been approved by the Forward Markets Commission, which regulates commodity markets in the country.

9) SBM appoints new general managers: State Bank of Mysore (SBM) has appointed new general managers. K Nageswara Rao has taken charge as General Manager of Retail Network 1, Bangalore. Prior to this, he was zonal manager, Kollam at State Bank of Travancore.

10) FinMin expects banks to mobilise $25 b through special window: The Finance Ministry has raised its expectation on fund mobilisation by banks through the special window to $25 billion against $20 billion earlier.

11) Govt to infuse fresh capital into IOB: Indian Overseas Bank has got approval from the Ministry of Finance for infusion of capital to the extent of Rs 1,200 crore in the bank, IOB said in a filing to the exchange.

12) World Pneumonia Day was observed on 12 November 2013 across the world to raise awareness of pneumonia. The United Nations (UN) first celebrated the day on 12 November 2009. This year, the theme for World Pneumonia Day will focus on innovation – highlighting innovative solutions to end childhood pneumonia, while at the same time emphasizing that there are existing simple interventions that need to reach the most vulnerable children.

13) T.P. Seetharam, currently India's High Commissioner to Mauritius, has been appointed as the next ambassador to the United Arab Emirates. An Indian Foreign Service (IFS) officer of 1980 batch, Seetharam is expected to take up his assignment shortly.

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NICL Exam held on 8 September 2013 cancelled, Fresh Exam to be conducted

NICL Exam held on 8 September 2013 cancelled, Fresh Exam to be conducted

Friends....National Insurance Company Ltd has decided to cancel the exam for the post of Administrative Officer (AO) held on 8th September 2013. The fresh examination will be held on 15th December 2013 and 22nd December 2013 for all the candidates except the candidates who were debarred during the examination held on 08/09/2013. Notice issued by NICL read as follows:

Consequent upon holding of the Recruitment Examination on 8^th September, 2013 for the post of Administrative Officer (both Generalist & Specialist disciplines), the management of 4 Public Sector General Insurance Companies had received complaints and representations from various quarters alleging occurrence of incidents that were apprehended to prejudice the interests of some bonafide candidates. On receipt of these representations/complaints, the management had constituted a Fact Finding Committee, headed by a retired General Manager of one of the Public Sector General Insurance Companies to verify the veracity of the allegations after examining the facts, circumstances and evidences collected by them in this regard. After examining the matter in totality, the committee came to conclusion that disruption of examination in 4 centres in Patna city was an incident in itself that was apprehended to have vitiated the sanctity of examination held at other centres also. Hence, for the purpose of fairness and natural justice it has been decided to declare the said

examination as invalid.

In view of forgoing, it is felt that a fresh written examination be held for both Generalist & Specialist disciplines in lieu of the said invalid test (08/09/2013). The fresh examination is proposed to be held on 15/12/2013 & 22/12/2013 for all the candidates except the candidates who were debarred during the examination held on 08/09/2013.

Further details shall be communicated to all concerned in due course.

Inconvenience caused to all concerned is sincerely regretted.

Personnel Department

Head Office

Click Here to view notice

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IBPS Clerk Exam Special: Economy/Banking Current Affairs Questions Part 2

IBPS Clerk Exam Special: Economy/Banking Current Affairs Questions Part 2

Friends...Thanks for your overwhelming support. Here is the second part of the Questions..... Part-3 will be published soon...Keep in touch

1) Which global tech giant has celebrated its 15th birthday on 27th September 2013?

(A) Microsoft

(B) Facebook

(C) Google

(D) Yahoo

Ans. (C) Google

2) Who took over as the new Chairman of the Engineering Export Promotion Council (EEPC) in Sep 2013?

(A) Anupam Shah

(B) P. Sudhakar

(C) Sanjeev Dayal

(D) Saji Cherian

Ans. (A) Anupam Shah

3) A high-level panel, headed by __________,submitted to Finance Minister P. Chidambaram its report in Sep 2013 on the alleged irregularities at the National Spot Exchange Ltd (NSEL).

(A) R.M. Premkumar

(B) Bimal Jalan

(C) Arvind Mayaram

(D) M.K. Goel

Ans. (C) Arvind Mayaram

4) The government has increased the import duty on gold and silver jewellery to _______ from current 10% in Sep 2013 to protect the domestic industry.

(A) 20%

(B) 15%

(C) 12%

(D) 18%

Ans. (B) 15%

5) Which Indian Private sector bank has become the first bank to raise USD 255 million funds overseas using the swap loan facility provided by the Reserve Bank of India (RBI) in Sep 2013?

(A) YES Bank

(B) ICICI Bank

(C) HDFC Bank

(D) Axis Bank

Ans. (A) YES Bank

6) Which Social networking company is planning for an IPO and submitted a document to the SEC in Sep 2013?

(A) Facebook

(B) LinkedIn

(C) Twitter

(D) Orkut

Ans. (C) Twitter

7) Which Indian private sector bank launched its ‘Branch on Wheels’ to offer basic banking services in remote areas which have so far been devoid of banking facilities in Sep 2013?

(A) Yes Bank

(B) Axis Bank

(C) HDFC Bank

(D) ICICI Bank

Ans. (D) ICICI Bank

8) Which Cement company has announced in Sep 2013 that it would acquire Gujarat cement unit of 4.8 million tonnes per annum capacity from Jaypee Cement Corp for Rs 3,800 crore?

(A) JK Cement

(B) Binani Cement

(C) UltraTech Cement

(D) India Cement

Ans. (C) UltraTech Cement

9) Leaders of the BRICS group of nations – Brazil, Russia, India, China and South Africa – have announced in September 2013 that they will set up a _______ fund to guard against financial shocks.

(A) USD 50 billion

(B) USD 100 billion

(C) USD 200 billion

(D) USD 500 billion

Ans. (B) USD 100 billion

10) The Indian Government has announced setting up of the Seventh Central Pay Commission in Sep 2013. Its recommendations will be implemented from the _____________.

(A) 1st of April, 2016

(B) 1st of January, 2015

(C) 1st of January, 2016

(D) 1st of April, 2015

Ans. (C) 1st of January, 2016

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Daily Current Affairs: 11th November 2013

Daily Current Affairs: 11th November 2013

1) 67% turnout in first phase of Chhattisgarh polls: A voter turnout of 67 per cent was recorded in the 18 constituencies in Chhattisgarh, which went to polls on Monday. The polling on Monday was largely in areas that are Naxal-affected and where poll boycott calls had been given by various organisations, including the Maoists.

2) National Education Day of India was celebrated on 11 November 2013: National Education Day has been celebrating in India since the year 2008 to commemorate the birth anniversary of Maulana Abul Kalam Azad, a great freedom fighter, an eminent educationist and the first Education Minister of India.

3) Government today also launched a web portal on freedom fighter and country’s first Minister for Education Maulana Abul Kalam Azad on his 125th birth anniversary. The portal – www.maulanaazadheritage.org – was launched by Minister for Minority Affairs K Rahman Khan and it has rare pictures, videos and information about Azad’s work as a freedom fighter, Islamic scholar and a journalist.

4) EC asks candidates to open separate bank accounts for poll expenditure: Election Commission has issued instructions asking candidates to open a separate bank account exclusively for the purpose of election expenditure. The account should be opened not later than one day before the date on which the candidate files his nomination papers, a spokesman of Haryana Chief Electoral Office said on Monday, giving details of instructions issued  EC to all Chief Electoral Officers of all the states and Union territories.

5)  ESA satellite falls to Earth without causing any damage: European Space Agency’s one-tonne gravity mapping GOCE satellite, that had run out of fuel, re-entered the Earth’s atmosphere today, without causing any damage. On October 21, the mission came to a natural end when it ran out of fuel. Over the past three weeks the satellite gradually descended.

6) Singapore Airlines ending world’s longest non-stop flight: World’s longest non-stop flight will soon be history. Since 2004, Singapore Airlines has connected Singapore and New York without a stopover — a 19-hour flight travelling 16,700 kilometres. The Airbus A 340 will take-off on the final trip over the route at the end of November.

7) Subhas Goswami takes over as ITBP chief: Senior IPS officer Subhas Goswami today took charge as new Director General of paramilitary Indo—Tibetan Border Police (ITBP) which guards the sensitive frontier with China. Goswami, a 1977-batch police officer of Assam—Meghalaya cadre, is the 30th chief of the border guarding force which was raised in the face of the 1962 Chinese aggression.

8) Punjab launches free health care scheme for BPL families: Punjab Chief Minister Parkash Singh Badal today launched a cashless health care scheme for BPL families, which would provide free medical services of up to Rs 30,000 per annum.

9) Glitch in fourth orbit-raising, ISRO plans supplementary tomorrow (12 Nov): After having successfully completed three orbit-raising manoeuvres, ISRO’s Mars Orbiter mission today suffered a glitch as it failed to achieve the targeted apogee (farthest distance from Earth) of one lakh km during the fourth orbit-raising operation in the early hours.

10) KyaZoonga.com is the Ticketing Partner for Sachin’s final Test:  Mumbai Cricket Association (MCA) has appointed KyaZoonga.com as the the Official Ticketing Partner for the second Test between India and West Indies, the 200th and final Test of batting legend Sachin Tendulkar.

11) Power generation resumes at Kudankulam: Power generation at Kudankulam Nuclear Power Plant in Tamil Nadu, which was temporarily suspended last week, has resumed after the turbine of the first unit was resynchronised with the Southern grid.

12) Mauritius bank picks Infosys Finacle: Bank One, one of the leading banks in Mauritius, has announced the successful implementation of the Infosys Finacle Treasury solution.

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IBPS Clerk Exam Special: Economy/Banking Current Affairs Questions

IBPS Clerk Exam Special: Economy/Banking Current Affairs Questions

Friends...IBPS Clerk Exam is fast approaching. To help all aspirants, we have decided to provide you with daily Economy/Banking Current Affairs Questions. First part of it is getting published today...From today onwards...we will be providing you with all useful materials for the exam. So join us and visit us daily for updates.... Prepare well....All the Best.

 

1) Who took charge as the governor of the Reserve Bank of India (RBI) in Sep 2013?

(A) Montek Singh Ahluwalia

(B) Raghuram Rajan

(C) D Subbarao

(D) Kaushik Basu

Ans. (B) Raghuram Rajan

2) Which global tech company acquired Finish mobile maker Nokia’s mobile phone business for 5.4 billion euros in September 2013?

(A) Google

(B) Microsoft

(C) Apple

(D) Blackberry

Ans. (B) Microsoft

3) Ronald Coase, who was awarded the Nobel Prize in 1991, passed away in Sep 2013. He won Nobel prize in which category?

(A) Chemistry

(B) Phusics

(C) Economics

(D) Medicine

Ans. (C) Economics

4) India’s Core sector growth stood at __________ in July 2013 (announced in Sep 2013).

(A) 2.1%

(B) 3.1%

(C) 3.8%

(D) 4.5%

Ans. (B) 3.1%

5) Who published a book named “How Not to Make Money” in Sep 2013?

(A) Chetan Bhagat

(B) Raj Kundra

(C) Ravinder Singh

(D) None of These

Ans. (B) Raj Kundra

6) India’s unemployment rate stood at _________ in 2012-13

(A) 4.9%

(B) 4.7%

(C) 5.3%

(D) 3.6%

Ans. (B) 4.7%

7) The Reserve Bank recently announced a 13-member committee in Sep 2013 to frame a “clear and detailed” vision for financial inclusion/deepening across the country. The committee is headed by ____________.

(A) Bimal Jalan

(B) C. Rangarajan

(C) Nachiket Mor

(D) Urijit Patel

Ans. (C) Nachiket Mor

8) PepsiCo Inc. has appointed whom to the position of Chief Executive Officer, Asia, Middle East and Africa (AMEA) in Sep 2013?

(A) Indra K. Nooyi

(B) Sanjeev Chadha

(C) Saji Cherian

(D) Deepak Khanna

Ans. (B) Sanjeev Chadha

9) Reserve Bank of India has formed an expert committee for examining its Current Monetary Policy Framework in Sep 2013. Who will head the committee?

(A) C. Rangarajan

(B) Bimal Jalan

(C) Urjit Patel

(D) Y. Venugopal Reddy

Ans. (C) Urjit Patel

10) The current account deficit stood at ______ of gross domestic product (GDP) in the first quarter (April-June) of current financial year 2013-14 as per the data published in Sep 2013.

(A) 5.1%

(B) 4.5%

(C) 4.9%

(D) 4.6%

Ans. (C) 4.9%

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Download Online Exam Call Letter for IBPS CWE Clerks-III 2013

Download Online Exam Call Letter for IBPS CWE Clerks-III 2013

Friends....Institute of Banking and Personnel Selection (IBPS) has today published the link to downloadd online exam call letter/admit card for CWE Clerk Examination for recruitment in Clerical Cadre. Notification for IBPS CWE Clerks-III 2013 was issued during August 2013. The online exam will be held on 30th November, 1st, 7th , 8th, 14th and 15th December 2013. You need to enter Registration No AND Date Of Birth or Password for Call letter download. Click on the below link to download Call letter.

Download Call Letter: Click Here

To view Syllabus and other details: Click Here

Friends...we will be posting useful study materials for IBPS Clerk Exam in the coming days... So bookmark this website and visit regularly!!! Join our facebook page for regular updates....

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Uttar Pradesh Circle PA/SA Exam Final Results

Uttar Pradesh Circle PA/SA Exam Final Results

Friends...UP Circle has declared the final Result of PA/SA Exam 2013....

The write up along with the result is as follows:

Download/View Results: Click Here

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