Banking/Economy Current Affairs Questions Part-5: IBPS Clerk Exam Special

Banking/Economy Current Affairs Questions Part-5: IBPS Clerk Exam Special

Friends…Part-5 of our Banking/Economy Current Affairs for IBPS Clerk Exam 2013 is here!!!!

1. Which Financial Company has secured approval from the Foreign Investment Promotion Board (FIPB) to set up white-label ATMs in India in Sep 2013?

(A) State Bank of India

(B) Reliance Capital

(C) Muthoot Finance

(D) IFCI

Ans. (C) Muthoot Finance

2. Which Indian Officer was elected as regional director at the 31st meeting of health ministers and 66th session of WHO regional committee for South-East Asia in Sep 2013?

(A) Deepak Sandhu

(B) Rakesh Sood

(C) Poonam Khetarpal Singh

(D) None of These

Ans. (C) Poonam Khetarpal Singh

3. Yahoo Inc has appointed which veteran technology executive and Silicon Valley investor as its new chairman in August 2013?

(A) Alfred J. Amoroso

(B) Stratton Sclavos

(C) Maynard Webb

(D) Roy J. Bostock

Ans. (C) Maynard Webb

4. India has signed a loan agreement with the World Bank worth of _________ for its Low Income Housing Finance Project in August 2013.

(A) USD 50 million

(B) USD 150 million

(C) USD 100 million

(D) USD 200 million

Ans. (C) USD 100 million

5. Saba Anjum received the Arjuna award – 2013, presented in August 2013. She is associated with which sport?

(A) Hockey

(B) Wrestling

(C) Shooting

(D) Football

Ans. (A) Hockey

6. Religare Health Insurance has signed a deal with which Indian PSU bank in Sep 2013 to market its product and service bouquet through the distribution network of the bank?

(A) Union Bank of India

(B) IDBI Bank

(C) Central Bank of India

(D) Allahabad Bank

Ans. (A) Union Bank of India

7. Who has been appointed as the Chairman and Managing Director of Power Finance Corporation Ltd (PFC) by the Government of Indian in Sep 2013?

(A) Satnam Singh

(B) BN Talukdar

(C) M.K. Goel

(D) Nishi Vasudeva

Ans. (C) M.K. Goel

8. The government approved the proposal of _________ capital infusion in Export-Import Bank of India in Sep 2013 to support future growth of the lender.

(A) Rs 1000 crore

(B) Rs 700 crore

(C) Rs 500 crore

(D) Rs 800 crore

Ans. (B) Rs 700 crore

9. Prime Minister’s key economic advisor C Rangarajan has lowered the growth forecast for the current fiscal to ________ in Sep 2013.

(A) 5.9%

(B) 5.3%

(C) 6.2%

(D) 6.5%

Ans. (B) 5.3%

           

10. Which state/UT has the highest par capital annual income in India with per capita annual income of Rs. 2.01 lakh in 2012-13?

(A) Chandigarh

(B) Delhi

(C) Gujarat

(D) Maharashtra

Ans. (B) Delhi

Friends…if you have any Banking Questions/Articles to share with us..you can send us to currentaffairs4examz@gmail.com we will publish it with your name!!!

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IBPS RRB CWE II Scores Published

IBPS RRB CWE II Scores Published

Friends....Institute of Banking Personnel Selection (IBPS) has published the scores of the second Common Written Examination conducted for Regional Rural Banks (IBPS RRB CWE II). The following details are needed for viewing your scores Registration No or Roll No and Password and Date Of Birth. The results were earlier published on 05 November 2011. IBPS has conducted the examination for the posts on 28 September2013, 29 September 2013, 05 October 2013 and 06 October 2013. 
Share your marks in comment below :)

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Daily Current Affairs: 14 November 2013

Daily Current Affairs: 14 November 2013

1) Nation remembered Jawaharlal Nehru on his 124th birth anniversary:  Country fondly remembered its first Prime Minister Jawaharlal Nehru on his 124th birth anniversary with President Pranab Mukherjee and Vice President Hamid Ansari leading the country in paying homage to him. Nehru was born to Motilal Nehru and Swaroop Rani on November 14, 1889, in Allahabad in Uttar Pradesh and his birthday is celebrated as Children's Day in India as he was fond of children.

2) World Diabetes Day observed: World Diabetes Day was observed on 14 November 2013 across the world to raise awareness of diabetes. The theme for period 2009-13 is Education and Prevention. World Diabetes Day is an annual campaign, led by the International Diabetes Federation (IDF) and its member associations. The date was chosen because it marks the birthday of Frederick Banting, who, along with Charles Best, is credited with the discovery of insulin in 1921.

3) Government released postage stamps on Sachin Tendulkar: Union Law Minister Kapil Sibal released commemorative postage stamps to pay tribute to Sachin Tendulkar on 14 November 2013 (Thursday) at Wankhade Stadium, Mumbai before the start of 2nd Cricket Test match between India and West Indies. The 40-year old batting great is only the second person after Mother Teresa to have a stamp released after him, when he is alive.

4) British Prime Minister David Cameron is on official visit to India: Prime Minister Manmohan Singh and British Prime Minister expressed satisfaction that despite the continuing global economic slowdown and the Eurozone difficulties, India-UK trade ties have been resilient. Prime Minister Cameroon arrived in the national capital late Wednesday night and is scheduled to depart from Kolkata late on Thursday night for Colombo to attend the Commonwealth Heads of Governments meet.

5) Prince Charles celebrated 65th birthday in Kerala lake resort: Prince Charles today celebrated his 65th birth day at the famed backwaters resort Kumarakom in the south Indian state Kerala. For Charles, on a visit to India with wife Camilla, the celebrations were on a modest scale at the sylvan settings of the Lake Resort.

6) Chennai lighthouse reopened to public after 22 years: It was a perfect gift for children on Children’s day. The lighthouse on the Marina beach in Chennai was thrown open to public after a gap of 22 years. It was closed following the assassination of former Prime Minister Rajiv Gandhi in 1991. The 45.72 m tall Madras lighthouse was inaugurated in 1977 by the then Union Shipping Minister G.S. Dhillon.

7) Sri Lankan President satisfied over Khurshid’s presence at CHOGM: Sri Lankan President Mahinda Rajapaksa has expressed satisfaction over External Affairs Minister Salman Khurshid attending the CHOGM summit.

8) Volkswagen recalls 2.6 million cars worldwide: Volkswagen on Thursday announced one of the largest recalls in its history, calling 2.6 million cars into its workshops because of problems with lights, transmissions and leaks in their fuel lines.

9) 7 killed, 40 hurt in Volvo bus fire: Even as Volvo Buses continues with its probe into the fire that gutted one of its buses killing 45 people near Mehaboobnagar on October 30, an eerily similar accident near Haveri, Karnataka has killed seven persons and injured 40 early Friday morning.

10) International children’s film festival under way: eighteenth edition of Golden Elephant, the international children’s film festival of India, began in Hyderabad on Thursday, with Bollywood hero Ranbir Kapoor and Tare Zameen Par fame Darsheel Safary participating in a glittering inaugural function at the Telugu Lalitha Kala Thoranam.

11) Sachin's 200th Test: Tendulkar shines in farewell Test, India in driver’s seat- Iconic batsman Sachin Tendulkar kept his emotions in check and showed his genius for one last time in front of adoring fans with an unbeaten 38 as India seized early control of his 200th and final cricket Test against the West Indies after a disciplined bowling display.

12) Pune girl wins ‘Doodle 4 Google India’ contest: Search giant Google has featured the doodle painted by a class 10 student from Pune, Gayatri Ketharaman, in its home page as a tribute on Children's Day that seeks to represent women's empowerment. The painting, titled 'Sky's The Limit For Indian Women', is the winner of Google's "Doodle 4 Google India 2013 – Celebrating Indian Women" contest.

13) Aviva India unveils pension plan `Aviva Next Innings’: Private life insurer Aviva India has launched a pension plan Aviva Next Innings. In addition to the life cover, the plan offers a guaranteed corpus of 210 per cent of the total premiums paid, upon retirement.

14) PM to inaugurate Mahila Bank on Indira Gandhi’s birthday: Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will inaugurate country’s first all-women Bharatiya Mahila Bank in Mumbai on November 19, the birth anniversary of former Prime Minister Indira Gandhi. Headquartered in Delhi, the bank proposes to have 25 branches by March 31, 2014.

15) INS Vikramaditya set to join Indian Navy on Nov 16: Defence Minister, A.K. Antony, will induct the long-delayed aircraft carrier INS Vikramaditya, designed to boost India’s maritime capabilities, at a shipyard in Russia on Saturday.

16) Malayalam film actor-producer Augustine died in Kozhikode at 56: Malayalam film actor- producer Augustine died at a private hospital in Kozhikode this morning.  He was 56. Augustine, who acted in over 100 films, portrayed several characters that remain etched in the memory of film buffs. His major films include Devasuram, Sadayam, Aaram Thampuran, Nandanam, Indian Rupee, Shutter among others.

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Bharatiya Mahila Bank to be inaugurated by PM on Indira Gandhi’s birthday

Bharatiya Mahila Bank to be inaugurated by PM on Indira Gandhi’s birthday

>> Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will inaugurate country’s first all-women Bharatiya Mahila Bank in Mumbai on November 19, the birth anniversary of former Prime Minister Indira Gandhi.

>> With the inauguration of the bank, seven branches would become operational across the country, including Kolkata, Chennai, Ahemdabad and Guwahati.

>> Finance Minister P Chidambaram will attend the inauguration of Mahila Bank by the Prime Minister, sources said, adding that the UPA chairperson will grace the occasion.

>> Headquartered in Delhi, the bank proposes to have 25 branches by March 31, 2014.

>> It will be inaugurated in Mumbai as the model code of conduct is in force in Delhi which is going to polls in December.

>> In Budget 2013-14, the Finance Minister had announced setting up of all-women bank with an initial capital of Rs 1,000 crore.

>> “Women are heads of many banks today, including two public sector banks, but there is no bank that exclusively serves to women. Can we have a bank that lends mostly to women and women-run businesses, that supports women SHGs and women’s livelihood, that employs predominantly women, and that addresses gender-related aspects of empowerment and financial inclusion? I think we can,” Chidambaram had said.

>> The Reserve Bank of India gave its in-principal approval for the Bharatiya Mahila Bank to be headquartered in Delhi in June and the banking company is being set up.

>> Earlier this week, the government appointed Usha Ananthasubramanian as the Chairperson and Managing Director of the bank. Before joining Bharatiya Mahila Bank, she was an executive director with Punjab National Bank.

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Important Recent Appointments October- November 2013

Important Recent Appointments October- November 2013

Useful for IBPS Clerk 2013 & other competitive Exams....

Friends...in this post we bring you the latest important appointments in India and around the world. This is a very useful study material for all upcoming competitive Exams and especially for IBPS Clerk Exam 2013. Appointments during August-Septemeber 2013 will be posted soon!!!! The PDF of this will be included in the IBPS Clerk Exam 2013 Special Package PDF being released by Currentaffairs4examz team soon…  

1) Usha Ananthasubramanian: As the chairperson and managing director of public sector Bharatiya Mahila Bank on 12 November 2013.

2) Justice R. Banumathi: As the Chief Justice of the Jharkhand High Court on 12 November 2013.

3) Ratan P Watal: As the Secretary of Department of Expenditure in the Union Ministry of Finance.

4) Parvinder Sohi Behuria: As the Secretary General of National Human Rights Commission.

5) Imomali Rakhmon: Re-elected as the President of Tajikistan.

6) Bharat Suresh Joshi: As British Deputy High Commissioner in Chennai on 31 October 2013.

7) Subhas Goswami: As the Director General of Indo Tibetan Boarder Police(ITBP). Earlier he was director of the Sardar Vallabhbhai Patel National Police Academy.

8) P.S. Raghvan: As the next Ambassador of India to Russia.

9) Tarun Chatarjee: As Chairman of the Uttar Pradesh State Human Rights Commission.

10) Justice Laxmikanta Mahapatra: Sworn in as Chief Justice of the Manipur High Court on 21 October 2013.

11) Rajendra Kashyap: As the Financial Commissioner (Railways) and ex-officio Secretary to the Government of India on 21 October 2013.

12) Gireesh B. Pradhan: As the Chairperson of the Central Electricity Regulatory Commission (CERC).

13) Sigrid Kaag: As head of the joint mission of the Organisation for the Prohibition of Chemical Weapons and the United Nations.

14) Syed Ibne Abbas: New Pakistani envoy to India.

15) Janet L. Yellen: Nominated by US President Barack Obama as the new head of the Federal Reserve Board.

16) Arundhati Bhattacharya: Took over as the Chairperson of SBI. She is the first woman to take charge as the Chairperson of SBI.

17) S. Varadarajan:  Took over charge as chairman and managing director (CMD) of Bharat Petroleum Corporation Limited (BPCL).

18) Ranjan Mathai: India's High Commissioner to the United Kingdom.

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Banking/Economy Current Affairs Questions Part-4: IBPS Clerk Exam Special

Banking/Economy Current Affairs Questions Part-4: IBPS Clerk Exam Special

Friends..Here is the Part-4 of our Banking/Current Affairs Questions Series. This are all expected Questions in the coming IBPS Clerk Exam. Hope this helps you....

1. The Cabinet Committee on Economic Affairs approved the setting up of Information Technology Investment Region (ITIR) in which city in Sep 2013?

(A) Hyderabad

(B) Bangalore

(C) Pune

(D) Chennai

Ans. (A) Hyderabad

2. Who has been elected as the new Chairman of the Press Trust of India (PTI) in Sep 2013?

(A) Mahendra Mohan Gupta

(B) Vijay Kumar Chopra

(C) K N Shanth Kumar

(D) M. P. Veerendra Kumar

Ans. (C) K N Shanth Kumar

3. World Economic Forum’s “summer Davos” held in which country in Sep 2013?

(A) Switzerland

(B) China

(C) Japan

(D) Russia

Ans. (B) China

4. Which Indian PSU Company was awarded Indira Gandhi Official Language Award for propagation of Rajbhasha ( Official Language) in the company by the Union Government of India on Hindi Divas in Sep 2013?

(A) NTPC

(B) ONGC

(C) HPCL

(D) BHEL

Ans. (A) NTPC

5. The Department of Telecommunications (DoT) has formed a nine-membered committee to examine the recommendations made by the TRAI on pricing of spectrum in 800, 900 and 1,800 MHz bands in Sep 2013. Who will chair the committee?

(A) Anil Kaushal

(B) S. C. Misra

(C) M.F Farooqui

(D) Annie Moraes

Ans. (A) Anil Kaushal

6. Which state launched “Ksheera Bhagya Scheme” in which over 65 lakh school children in 51,000 Government schools and 39 lakh children in Anganwadi centres across the State will now receive 150 ml of milk three times a week?

(A) Karnataka

(B) Madhya Pradesh

(C) Maharashtra

(D) Gujarat

Ans. (A) Karnataka

7. Who has been appointed the new chief of the National Investigation Agency in August 2013?

(A) Dilip Trivedi

(B) Sharad Kumar

(C) Pranay Sahay

(D) None of These

Ans. (B) Sharad Kumar

8. Which Indian stock exchange suspended most trades on its platform, leding to a major crisis in August 2013?

(A) National Stock Exchange

(B) Bombay Stock Exchange

(C) National Spot Exchange Ltd

(D) Multi Commodity Exchange

Ans. (C) National Spot Exchange Ltd

9. As per new notification by the Central Government in August 2013, Retired All India Services (IAS, IPS and IFoS) officials will get 20% of additional pension after completing _____  of age

(A) 60 years

(B) 75 years

(C) 80 years

(D) 85 years

Ans. (C) 80 years

10. RBI (Reserve Bank of India) has recerntly announced to issue Inflation Indexed Bonds in August 2013. These Inflation Indexed Bonds will use inflation measured by _______?

(A) Wholesale Price Index

(B) Consumer Price Index

(C) Both of them

(D) None of These

Ans. (A) Wholesale Price Index

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IBPS PO 2013: 10-Nov-2013 Evening Shift GA Questions

IBPS PO 2013: 10-Nov-2013 Evening Shift GA Questions

Friends...Here is some GA Questions asked in IBPS PO Exam 10-Nov-2013 Evening Shift. These Questions were shared by our friend Manish Kumar Goutam from Sono, Bihar. Thanks Manish & wish you all the very best for very good result in the exam.

1.Who was the runner up in the champions league

2.Indira Gandhi prize for peace, disarmament and development 2012

3.Apex Body in case of rural credit-

4.Which Address proof cannot use in opening of saving bank a/c

5.publisher of book " I AM MaLALA"-

6. universal childrens day-

7.Director of bhag milka bhag-

8.Inter state migration in India a/c to 2011 census-

9.Committee for giving clear definitions to Foreign Direct Investment

(FDI) and Foreign Institutional Investment (FII)-

10. Committee for re-examine the last Union Budget's controversial retrospective tax -

11.Scheme under which banks can provide individual loans upto Rs.

15,000/- at a concessional rate of interest of 4% p.a. to the weaker sections-

12. loan from world bank-

13. which type of banking service not provided by post office-

14.man booker prize-

15. Money announced for women safety in nirbhaya fund?

16. One question related with new pension scheme-

17. Which of the following is not correct? B2B, B2C, C2C, B2G, E2E

18. One question related with CTS-

19. MICR full form-

20. Which of the following organization won the Nobel Peace Prize 2013?

21.chairman of federal bank

22.banking ombudsman comes under which act

23.highest kisan cards issued by

24.to improve the condition of plastic industry GOI decided to

25.Indian Navy ship name?

26.number of parameters on which Raghu Ram rajan commitee on state

decided the backwordness of states..?

27.JNNURM full form

28.fund for ayush

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Government releases postage stamps on Sachin Tendulkar on the occasion of 200th & last Test of the legend

Government releases postage stamps on Sachin Tendulkar on the occasion of 200th & last Test of the legend

>> Union Law Minister Kapil Sibal released commemorative postage stamps to pay tribute to Sachin Tendulkar on 14 November 2013 (Thursday) at Wankhade Stadium, Mumbai before the start of 2nd Cricket Test match between India and West Indies.

>> The 40-year old batting great is only the second person after Mother Teresa to have a stamp released after him, when he is alive.

  

>> Union Minister for State for Communication and IT Milind Deora, Union Minister Sharad Pawar, BCCI President N.Srrenivasan and MP Rajeev Shukla were also present on the occasion of honouring the legend.

>> Designed in-house, India Post has 30.1 lakh sets of two stamps, 24.1 lakh sets of miniature sheets, and 16.1 lakh sheetlets of the stamp — all for Tendulkar’s fans.The stamp will be available at all major post offices.

>> The day began with a series of tributes to Tendulkar - the BCCI president N Srinivasan handed him a memento, a painted portrait was presented to him, the West Indies side gave him a framed autographed shirt, the coin at the toss was specially minted in his likeness - and ended with fans euphoric over having watched him bat one more time.

>> The Indian skipper Mahendra Singh Dhoni presented Sachin Tendulkar with a cap, at the start of the day. He led the team out to the field with a huge crowd of fans cheering him and waiting to see him bat, though India opted to field first against the West Indies.

>> After bundling out West Indies for 182, thanks to five wicket haul from Pragyan Ojha, the home team is at 157 for 2 at the end of the first day. Tendulkar 38* and  Cheteshwar Pujara 34* were at the crease at the end of the day.

>>  Sachin mania might reach a mind-boggling crescendo in the second day and fans across the world hope for a spectacular performance from the Master which they could see no more.

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IBPS Clerk Exam Previous Year Question Papers PDF Download- 11 December 2011 Exam Questions

IBPS Clerk Exam Previous Year Question Papers PDF Download- 11 December 2011 Exam Questions

Friends...only a few days left for the big IBPS Clerk Exam 2013 to start. This year more number of candidates are appearing for the exam and so is the toughness of the competition. In this post we bring you the IBPS Clerical Exam Previous Paper held on 11 December 2011 with Answer Key.  In this last lap use this previous paper and try to solve all the questions on your own and check the answers with the key provided at the end. More previous question papers will be published in the coming days. So keep visiting this blog for more updates.....

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13 November 2013: Daily Current Affairs Updates

13 November 2013: Daily Current Affairs Updates

1) PFRDA chief Yogesh Agarwal resigned: Yogesh Agarwal, chairman of the Pension Fund Regulatory & Development Authority (PFRDA), resigned on Wednesday three years into his five-year term that was to end in 2015.  In a statement, PFRDA merely said Agarwal has stepped down without specifying any reason. Anup Wadha a joint secretary in the finance ministry, will act as interim chairman of the pension regulator, which recently became a statutory body after Parliament passed the PFRDA bill in the monsoon session.

2) India Post to release special stamp on Sachin Tendulkar on 14 Nov 2013: Sachin Tendulkar has undoubtedly left his ‘stamp’ on the game of cricket. Now, India Post wants to capture his imprint for ‘post’erity. The Department of Posts is set to come out with a special stamp of Rs 20 to honour the legend’s last and record 200th Test match appearance on 14 Nov (Thursday). Designed in-house, India Post has 30.1 lakh sets of two stamps, 24.1 lakh sets of miniature sheets, and 16.1 lakh sheetlets of the stamp — all for Tendulkar’s fans. India Post officials said the stamp will be released by Union Law Minister Kapil Sibal on Thursday — just after the toss. The stamp will be available at all major post offices.

3) Khurshid arrived in Sri Lanka for CHOGM summit: Notwithstanding the demand of political parties in Tamil Nadu for complete boycott, External Affairs Minister Salman Khurshid arrived in SriLAnka today on a five-day visit to represent India at the CHOGM (Commonwealth Heads of Government Meeting) Summit.

4) Govt to set up 120 community colleges soon: Government is moving towards setting up a framework of community colleges based on the North American model, Minister of State, HRD, Shashi Tharoor, said on Wednesday.

5) New World Trade Centre deemed tallest US skyscraper: New York’s new One World Trade Centre will be the tallest US skyscraper when it is completed, topping the former Sears Tower in Chicago, a panel of architects decided yesterday. Architects at the Council on Tall Buildings and Urban Habitat agreed that the trade centre’s 124.4 meter (408 foot) antenna was a permanent architectural feature of the building and should be counted in determining its height.

6) Philippines typhoon death toll tops 1,800: Official death toll in the Philippines from one of the world’s strongest typhoons rose to 1,833, the national disaster relief agency said on Wednesday.

7) World Cup 2015: Tickets to go on sale next year; priced under $50:  Tickets for the 2015 cricket World Cup, to be jointly hosted by Australia and New Zealand, will go on sale from February 14 next year and more than two third of them have been priced at $50 or less. The organisers are expecting more than a million people to attend matches and more than a billion to watch on television.

8) Twitter appointed Parminder Singh as Asia/India head: Micro-blogging Website Twitter has appointed Parminder Singh as the Managing Director of Asia, North Africa and India. Singh has worked at Google as Managing Director – display solution sales for Asia Pacific region for five years.

9) SBI not to merge any associate bank this fiscal: State Bank of India has gone back on its plan to bring one of its associate bank’s under its fold in the current fiscal. “For the time being, the associate bank merger is on the backburner. Nothing is going to happen till March 31, 2014,” said S. Vishvanathan, Managing Director, Associates and Subsidiaries. In August, the then chairman of the bank, Pratip Chaudhuri, had said that SBI will merge one of its associate bank with itself by end of September.

SBI has five associate banks — State Bank of Hyderabad, State Bank of Mysore, State Bank of Travancore, State Bank of Bikaner and Jaipur and State Bank of Patiala.

10) Usha Ananthasubramanian appointed as CMD of Bharatiya Mahila Bank on 12 November 2013. Before joining BMB, she was an Executive Director with Punjab National Bank (PNB).

11) Justice R. Banumathi, Judge of the Madras High Court was on 12 November 2013 appointed as the Chief Justice of the Jharkhand High Court. She was appointed by the President of India, Pranab Mukherjee.

12) Elaborate arrangements have been made for the 18th International Children’s Film Festival of India (ICFFI) to be held in Hyderabad from tomorrow. Information and Broadcasting Minister Manish Tiwari will be formally opening the week-long children’s festival at a colorful event tomorrow evening. Bollywood Actor Ranbir Kapoor, legendary film personality Gulzar and Tare Zameen Par fame Darseel will be among a host of celebrities to take part in the opening ceremony.

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