Previous Year Question From Economy Current Affairs

By | July 24, 2015
No Question Answer Exam Name Held On Question From
1 As consumer banking funds are on the rise , a Reserve Bank of India (RBI) group has suggested the use of PKI in order to regulate payment system in the country The abbreviation PKI stands for?[A]Public Key Inf- rastructure[B]Personnel Key Inf- rastructure[C]Private Key Inf- rastructure[D]Per Key Infrastructure

[E]Proprietary Key Inf- rastructure

A SBI Probationary Officer Online Exam 28–06–2014 February
2 RBI issued the permission to Muthoot finance to set up—-? White label ATM IBPS-PO 18–10–2014(FN) February
3 What was the number of PSBs(Public Sector Banks)in India as of 31 March 2014?[A] 21[B] 24[C]26[D]28

[E]32

C IDBI Exam 22–08–2014 March
4 Which of the following public sector bank is the first bank to launch “cardless cash” withdrawals from “ATMs” by march 2014? Bank of India IBPS PO 2–11–2014 March
5 What was the amount of allocation made by Union Finance Minister Arun Jaitley for the Welfare Scheduled Caste People(SCs) in the Budget 2014-15?[A] Rs. 50,548.16 crore[B] Rs. 43,208.08 crore[C] Rs. 26,714.96 crore[D] Rs. 32,386.84 crore

[E] Rs. 48,401 crore

A IBPS RRBs Scale-ICWE 06–09–2014 March
6 RBI given Banking licence to IDFC and which bank?  Bandhan  IBPS-PO  19–10–2014(FN)  April
7 The Reserve Bank of India recently issued guidelines allowing minors over 10 years of age to operate bank accounts independently with a view to?[A] Promote financial inclusion[B] Increase low cost deposit of banks[C] Improve CASA percentage of banks[D] Mobilise Saving bank Deposit of banks

[E] To put ATMs and other infrastructure to optimum use

A SBI Probationary Officer Online Exam 28–06–2014 May
8 RBI recently allowed banks to provide loans with tenures of upto 10 years for exports. Earlier norms allowed banks to give loans upto–? 1Year IBPS PO 2–11–2014(AN) May
9 The RBI recently allowed minors above the age of—to open and operate savings bank accounts?[A] 8 Years[B] 10 Years[C]12 Years[D] 14 Years

[E] 16 Years

B IBPS RRBs Scale-ICWE 06–09–2014 May
10 The Reserve Bank of India (RBI) has set a minimum paid-up capital of ——-crore for those who wish to set up payments and small banks? Rs.100 IBPS-PO 12–10–2014(FN) July
11 The leaders of Brazil, Russia, India, China and South Africa (otherwise known as the BRICS) launched a development bank on 17 July 2014.What is the name of the Bank? New Development Bank IBPS-PO 12–10–2014(FN) July
12 Which of the following information technology companies recently be came the first Indian firm to cross Rs 5 lakh crore market capitalization?[A] TCS[B] Infosys[C] Wipro[D] HCL Technologies

[E] Tech Mahindra

A IBPS RRBs Scale-ICWE 06–09–2014 July
13 What is the benefit of Jan Dhan Yojana Account? Overdraft Loan in Bank Account IBPS-PO 19–10–2014(FN) August
14 RBI increased PPF limit from 1 lakh to how many lakhs? 1.5 lakh IBPS-PO 18–10–2014(FN) August
15 Insurance Cover in Pradhana Mantri Jan Dhan Yojna is? Rs.30,000 IBPS-PO 12–10–2014(FN) August
16 Which car’s company recently insisted by RBI to mandate a two step mobile authentication for e-commerce? Car rental company-UBER IBPS-PO 12–10–2014(FN) August
17 According to third bi-monthly credit policy review held on 5th August 2014, how much percent of rapo rate fixed by RBI? 8% IBPS-PO 12–10–2014(FN) August
18 RBI limited ATM facility on 5 cities, who are not come under this term? BSBDA account holder IBPS-PO 12–10–2014(FN) August
19 The Reserve Bank of India recently proposed “anytime anywhere “ bill payment system.With reference to it , which of the following statement is correct?[A] The Centralized bill payments infrastructure will consist of two types of entitiesB] It will function as a tiered structure for operating the bill payment system[C] It will be known as Indian Bill Payment System(IBPS)[D] Both 1 and 2

[E] Both 2 and 3

D IBPS RRBs Scale-ICWE 06–09–2014 August
20 Which bank launched the “Smart Star “ account , a saving bank account for minors above 10 years? ICICI bank IBPS-PO 19–10–2014(FN) September
21 Who will be administered by the “Varishtha Pension Bima Yojana” scheme? LIC IBPS-PO 19–10–2014(FN) September
22 Which Bank celebrated 150 years of its operations in Sri Lanka? SBI IBPS-PO 18–10–2014(AN) September
23 State Bank of India launches two new savings bank products for minor children upto the age of 18 years. What are they? Pehla Kadam & Pehli Udaan IBPS-PO 12–10–2014(FN) September
24 On 10th September 2014,Govt going to sell stake in 3 PSU, one of them is? ONGC IBPS-PO 12–10–2014(FN) September

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