March 2016 (Banking Related + Other Organizations)

Question 1

Small Industries Development Bank of India (SIDBI) will raise the proposed ____________ corpus for ‘Stand Up India Fund’ from __________. The Fund will be disbursed to Dalit and women entrepreneurs.

Answer 1

Rs 10,000 Crore

Reserve Bank Of India

Question 2

RBI unlocks ____________ additional capital for banks.At the time when public sector banks are facing pressure on their profitability due to a sharp rise in ______, which is eroding their capital base.

Answer 2

Rs.40000 crore

non-performing assets(NPAs)

Question 3

A financing agreement for International Development
Association (IDA) credit of US$ 300 (equivalent) for
the Madhya Pradesh Higher Education Quality
Improvement Project was signed with the __________

Answer 3

World Bank

Question 4

India has been ranked at the ______ place in a list of 126 countries in terms of Energy Security complied by
World Economic Forum (WEF). The list is topped by
Switzerland.

Answer 4

90th

Question 5

_____________, an part of the World Bank group launched its first Uridashi Masala bonds ( Japanese Bonds ) to mobilize Rs.30 cr(or $4.3 million) directly from Japanese household investors to promote private sector
development in India.

Answer 5

International Finance Corporation (IFC)

Question 6

The World’s most expensive train station in the world opens at the ____________ site in New York, United States Of America.

Answer 6

World Trade Center (WTC)

Question 7

Independent investor __________ has become the first Indian American to occupy a key administration post as Alternate Executive Director at the IMF.

Answer 7

Sunil Sabharwal

Question 8

The first Raisina-Dialogue 2016, a flagship conference on Geopolitics and ___________ began in New Delhi.

Answer 8

Geo-economics

Question 9

Jalandhar based____________ has become the first entity to receive the Reserve Bank of India‘s license to start operations as a small finance bank.

Answer 9

Capital Local Area Bank

Question 10

Union Finance Minister Arun Jaitley on 8 March 2016 announced to withdraw proposal to tax Employee Provident Fund (EPF) withdrawals. What else is on 8th March?

Answer 10

International’s Women Day

Question 11

Banks have so far disbursed over Rs 1.15 lakh crore under _________________ (PMMY), Financial Services Secretary Anjuly Chib Duggal.

Answer 11

Pradhan Mantri MUDRA Yojana

Question 12

Mumbai financial capital of India to host ____________ in April involving top Urban Policy makers and Planners from BRICS Nations.

Answer 12

BRICS Friendship Cities Conclave

Question 13

__ healthcare ATMs have come up in four states. Those states are MP, Himachal Pradesh, Odisha and ______________

Answer 13

Five (5)

Andhra Pradesh.

Question 14

Private lender ___________ launched an all-women operated bank branch __________ on Cunningham Road here aimed at offering customised banking solutions to women.

Answer 14

Yes Bank

‘Yes Grace’

Question 15

The _____________ (GOIs premier think tank) has launched the Women Transforming India initiative on 8th March the International Women’s Day in partnership with the UN in India and MyGov.

Answer 15

NITI Aayog

Question 16

India will launch __ foreign satellites belonging to seven countries. The list is topped by the USA in 2016-17.

Answer 16

25

Question 17

Country’s largest private sector lender_________launched a credit-linked subsidy scheme for home loans under Pradhan Mantri Awas Yojana (PMAY).

Answer 17

ICICI Bank

Question 18

The ________(Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016, was passed by a voice vote after a brief debate, during which FM Arun Jaitley assured the House that details provided for the card will not be misused in any manner.

Answer 18

Aadhaar

Question 19

India and__________ have decided to set up South Asia Regional Training and Technical Assistance Centre (SARTTC) in New Delhi.

Answer 19

International Monetary Fund (IMF)

Question 20

India’s fifth largest private sector Bank, _____ on 11 Mar ‘16 signed a strategic (MoU) with India Brazil Chamber of Commerce (IBCC) to enable significant cooperation in terms of knowledge partnerships, project consultancy, B2B opportunities, skill and technology initiatives.

Answer 20

YES Bank

Question 21

ICICI Bank on 15 March 2016 announced a new mobile payment solution _______. This solution is based on Near Field Communication (NFC) technology and will enable the bank’s customers to make secure contactless payments at retail stores using smartphones.

Answer 21

Touch & Pay

Question 22

India ranked ______ out of 156 countries on the United Nations World Happiness Index (WHI) 2016 & Denmark takes the top spot as the happiest country in the world. It has replaced Switzerland.

Answer 22

118th

Question 23

The Reserve Bank of India is likely to pay the government Rs 57,000 crore in _________ in 2016-17, slightly less than the amount it paid in the current fiscal but much higher than that in earlier years.

Answer 23

Dividends

Question 24

Under Pradhan Mantri Mudra Yojana__________Loans worth Rs1.09 lakh crore have been sanctioned to small entrepreneurs, loans worth over Rs.1.09 lakh crore were given to over 2.96 crore beneficiaries.

Answer 24

PMMY

Question 25

According to the data from credit information bureau CIBIL, more than 5,600 borrowers, who owe banks close to _________, have been declared wilful defaulters by lenders as on December 31.

Answer 25

Rs 60,000 crore

Question 26

The government has relaxed FDI norms for the insurance sector by permitting overseas companies to buy ________pc’ stake in domestic insurers without prior approval, which is another effort to bring more foreign players into India’s vast insurance market.

Answer 26

49 percent

Question 27

India’s current account deficit narrowed to_____pc’ of the gross domestic product (GDP) in the fiscal third quarter.

Answer 27

1.3 pc’

Question 28

_____ created history by becoming the first Indian athlete to clinch a gold medal in the Asian 20km Race Walk Championships as he won the men’s event with his season’s best effort.

Answer 28

Gurmeet Singh

Question 29

India ranks _____ among countries with high number of financial Trojan infections, where cybercriminals defraud customers of online banking services, security solutions firm Symantec said.

Answer 29

third (3rd)

Question 30

The government permitted 100% FDI in the ________ of e-commerce retailing with a view to attract more foreign investors.

Answer 30

marketplace format

Question 31

The Reserve Bank of India (RBI) said in a statement that it has cancelled registration of ___ non-banking financial companies (NBFCs) including Amazan Capital and Mascot Commerce.

Answer 31

22