Banking, Finance and Economics Current Affairs
General knowledge quiz covering banking sector news, financial regulations, economic indicators, and related current affairs for competitive exams
Questions
The Employee Provident Fund Organisation (EPFO) has sent a proposal to the labour ministry to increase the salary limit for paying employee provident fund (EPF) to Rs 10,000. What is the current salary limit?
- Rs. 3,500
- Rs. 4,500
- Rs. 5,500
- Rs. 6,500
Who was conferred its 'Legend in Leadership' Award by the Yale University recently becoming the first Indian to receive that honour?
- Kumar Mangalam Birla
- Indra Nooyi
- Ratan Tata
- Nandan Nilekani
The GMR Group became the first Indian company to operate an airport abroad with the opening of the new terminal building of the Sabia Gokcen International airport recently. Where is the airport located?
- Ankara
- Sofia
- Bangkok
- Istanbul
The Reserve Bank of India (RBI) gave 'in-principal approval to four credit bureaus in April 2009. Which of the following has/have started functioning?
- Credit Information Bureau (India) Ltd (CIBIL)
- Equifax Credit Information Services
- Experian Credit Information Company of India
- Highmark Credit Information Services
The Employee Provident Fund Organisation (EPFO) has sent a proposal to the labour ministry to lower the minimum number of employees for companies to fall under the purview of the Employee Provident Fund and Miscellaneous Provisions Act (EPF & MP Act), 1952. What is the present norm?
- Minimum of 75 employees
- Minimum of 50 employees
- Minimum of 35 employees
- Minimum of 20 employees
The Reserve Bank of India (RBI) has increased the statutory liquidity ratio (SLR) by _____ to _______ recently.
- 0.25%, 23.5%
- 0.5%, 24%
- 1.0%, 25%
- 1.5%, 25.5%
The India Innovation Fund (IIF) � set up in January 2008 � promoted by the National Association of Software and Services Companies (NASSCOM) and _______Knowledge Park, has achieved its first closing corpus of Rs. 40 crore recently.
- SBI
- ICICI
- HDFC
- IDBI
What is India's rank among 133 countries in 2009-10 in the global competitiveness index (GCI) prepared by the World Economic Forum (WEF) recently?
- 34th
- 49th
- 67th
- 83rd
Which of the following has offered to buy out other shareholders in its home finance subsidiary - Centbank Home Finance recently?
- Canara Bank
- Central Bank of India
- Corporation Bank
- Centurion Bank
What is the minimum stake that the Union government has to maintain in the State Bank of India according to the prevailing rules?
- 74%
- 55%
- 51%
- 49%
The government is considering further reduction in mobile termination charge to bring down the cost of mobile phone calls. (Mobile termination charge is paid by a mobile operator to another on whose network the call ends). How much is the mobile termination charge currently?
- 5 paise per minute
- 10 paise per minute
- 15 paise per minute
- 20 paise per minute
Which of the following is/are incorrect about the data for the year 2008 released by the Registrar General, India recently?
- Birth Rate-22.8
- Death Rate - 9.4
- Population Growth Rate -15.4
- Infant Mortality Rate - 53
Who among the following is not one of the four Chief Justices of High Courts appointed as judges of the Supreme Court recently?
- Justice Ananga Kumar Patnaik
- Justice Tirath Singh Thakur
- Justice Kurian Joseph
- Justice Surinder Singh Nijjar
Which of the following statements about the decisions on disinvestment of Central Public Sector Enterprises (CPSEs) taken by the Cabinet Committee on Economic Affairs (CCEA) recently is/are true?
I. All listed CPSEs would offload a minimum of 10 per cent of their holding in the public domain
II. Foreign investment will be allowed in knowledge intensive industries only
III. All unlisted profitable state-owned entities would be listed
- I only
- I and II only
- II and III only
- III only