India & Qatar ink six pact to boost trade and investment

i. India and Qatar have signed six pacts including agreements and Memorandum of Understanding (MoUs) to increase commercial and
economic exchanges between both nations.
ii. These pacts were signed after Emir of Qatar Tamim Bin Hamad Al Thani had held extensive talks with Prime Minister Narendra Modi.
List of Agreements /MoUs signed between both nations

Agreement on Transfer of Sentenced Persons

MoU for Cooperation in the field of Information and Communication Technology (ICT)

MoU between Union Ministry of Earth sciences and Qatar Meteorological Department for Scientific and Technical cooperation

MoU between Diplomatic Institute of Foreign Service Institute, MEA and MOFA, Qatar

MoU for cooperation in the field of Television and Radio

Agreement for Mutual Cooperation and Exchange of News

NITI Aayog to set up working group on Centrally Sponsored Schemes

i. NITI Aayog will set up a working group to prepare a draft report on how to make implementation of Centrally Sponsored Schemes
(CSS) more effective.
ii. NITI Aayog CEO Sindhushree Khullar will be the head of the working group prepare a draft report on the suggestions made by various
Chief Ministers in the meeting.
iii. After the first meeting of the Governing Council of the Aayog, three sub-groups of Chief Ministers were constituted on CSS, Skill
Development and Swachh Bharat Abhiyaan.
President confers Bharat Ratna to Atal Bihari Vajpayeev.
i. Former Prime Minister Atal Bihari Vajpayee has been conferred with India's highest civilian honour, the Bharat Ratna by the President
of India Pranab Mukherjee at his residence.
ii. Vice President Hamid Ansari and Prime Minister Narendra Modi also attended the ceremony.
iii. Vajpayee was the first non-Congress leader to serve India for a full five year term from 1999 to 2004.

NASA's Opportunity Rover completed 11 years of marathon on Mars

i. NASA's Opportunity Rover on Mars is the first human-made vehicle that has completed 11 years marathon in a record time.
ii. It is the first time that a robot has exceeded the distance of a marathon on another world's surface.
iii. The robot which is accessed by solar power arrived at the Mars' Eagle Crater in January 2004 and in these 11 years it completed 153foot drive.

Reliance Communications acquires spectrum in 11 circles

i. Reliance Communications, part of the Anil Ambani-led group, has acquired new and top-up 800/850 MHz spectrum in 11 circles.
ii. The company with this acquisition, has become Indias first and only operator with nationwide footprint of contiguous 800/850 MHz
spectrum.
iii. The company bought 900 MHz spectrum in Madhya Pradesh and Himachal Pradesh and won 1800 MHz spectrum in Odisha and
northeast.
iv. It has re-acquired spectrum in 900 and 1800 bands in four of the seven 2G spectrum expiry circles.
KM Mani appointed as chairman of the Empowered Committee of State FMS on GST
i. Kerala Finance Minister KM Mani was appointed as the Chairman of the Empowered Committee of State Finance Ministers on Goods
and Services Tax (GST) by the Union Finance Ministry on 24 March 2015.

ii. The post was vacant since the former Jammu and Kashmir (J&K) Finance Minister Abdul Rahim quit the position after the defeat of
National Conference in the J&K Assembly elections held in December 2014.
iii. GST is intended to be implemented from 01 April 2016 as announced by the Union Finance Minister Arun Jaitley in his 2015-16
budget speech. The Constitution (122nd Amendment) (GST) Bill, 2014 has been pending in the Lok Sabha since December 2014.
Ministry of Railways constitutes Ajay Shankar Committee to review PPP Cell functioning
i. Union Ministry of Railways has constituted a Committee to review the existing Public Private Partnership (PPP) Cell in the Railway
Board with former IAS officer Ajay Shankar as its head.
ii. The Committee will recommend measures needed to make the PPP Cell more customer friendly, effective and result oriented.
iii. The Infrastructure Directorate of Railway Board will be the Nodal Directorate for functioning of the Committee. While the Executive
Director/Traffic (PPP) Railway Board will be the Secretary to the Committee.
Ruth Porat appointed as Chief Financial Officer of Google
i. Ruth Porat has been appointed as Chief Financial Officer (CFO) of worlds largest search engine giant Google.
ii. She will succeed Patrick Pichette who had announced his retirement on 10 March 2015 and assume charge on 26 May 2015.
iii. As
CFO
of
Google
she
will
directly
report
to
Larry
Page,
CEO
and
Co-Founder
of
Google.
iv. Prior to this appointment Ruth was working as CFO at Morgan Stanley.

General Awareness Quiz

1. First woman IPS officer is ......
1) Kiran Bedi
2) Bachendri Pal
3) Sarojini Naidu
4) Sucheta Kripalani
5) Isha Basant Joshi
2. First Compressed Natural Gas (CNG) - powered train would run between Rewari - Rohtak. Rewari - Rohtak are
in.....
1) Haryana
2) Jammu Kashmir
3) Kerala
4) UP
5) Tamilnadu
3. Republic day 2015 guest is.......
1) Putin
2) Shianzo Abe
3) Obama
4) Xi Jinping
5) Nawaz Sharif
4. Armed forces for the first time will have allwomen marching contingent in the Republic Day parade. Modi named
it as ......
1) Naari Shakti
2) Stree Bheri
3) Narri Nichay
4) Nirbhaya Patham
5) None
5. First USA President to visit India twice in office is ....
1) Barack Obama
2) Bill Clinton
3) Geroge Bush
4) Dwight Eisenhower
5) John Fitzgerald Kennedy
6. The Red Sari, the book on Sonia Gandhi written by .......
1) Avinash Kumar
2) Pranab Mukarjee

3) Javier Moro
4) Maneka Gandhi
5) None
7. The new President of Tunisia is?
1) Abdelaziz Bouteflika
2) Abdel Fattah el-Sisi
3) Mulatu Teshome
4) Uhuru Kenyatta
5) Beji Caid Essebsi
8. Tunisia Capital?
1) Algiers
2) Cairo
3) Addis Ababa
4) Nairobi
5) Tunis
9. The currency of Tunisia is?
1) Dollar
2) Pound
3) Birr
4) Shilling
5) Dinar
10. Banks obtain photograph at the time of opening of the account with a view to:
a) Avoid benami accounts
b) Verify the identity of the customer
c) Verify with police records
d) a & b
e) a to c
11. Banks are required to submit CTR (Cash Transaction Report) to ___ within ___ of succeeding month.
a) FIU, 30 days
b) FIU, 15 days
c) FIU, 7 days
d) RBI, 7 days
e) RBI, 15 days
12. Premium payable on deposit insurance on every Rs.100 per annum is
a) 10 paise
b) 5 paise
c) 25 paise
d) 50 paise
e) None
13. Which of the following cant be a nominee?
a) Illiterate Person
b) Minor
c) NRI
d) HUF
e) None
14. In case of dishonor of cheques on financial grounds, the holder is required to issue notice to the drawer within
___ days to claim remedy under section 138 of NI Act
a) 7 Days
b) 30 Days
c) One Year
d) Three Years
e) None

15. National Payment Corporation of India (NPCI) has set up payment network to enable the member banks to
issue Domestic Payment Cards with a brand ___
a) Visa Card
b) Master Card
c) Prepaid Card
d) RuPay
e) Travel Card
16. Permanent Account Number (PAN) is mandatory for
a) Bank transactions (cash) of Rs. 50000/- & above
b) Purchase and sale of shares/ debentures/bonds of Rs. 50000/- & above
c) Purchase and sale of immovable property where the value of the property is Rs. 5 lakh & above
d) a & c
e) All
17. High Debt Service Coverage Ratio (DSCR) indicates
a) Unable to meet the installment obligations
b) Able to meet payment of installments comfortably
c) Liquidity problem
d) a & c
e) None
18. Which of the following statement is not true with regard to Capital Gains Deposit Scheme?
a) Income Tax Assess who are eligible for exemption under section 54 of the IT Act are alone can open account with Banks
b) Accounts can be opened under Savings, Fixed and Term Deposits
c) Cheque book can be issued to eligible accounts.
d) No lien or deposit loan is allowed against such deposits
e) None
19. Which of the following statement is not correct with regard to Tax Saver Scheme of Banks?
a) Tax exemption is available for the deposit amount under section 80C of IT Act
b) Period of deposit is allowed up to 5 Years
c) TDS is applicable, if interest payment is above Rs.10000/- in a financial year
d) Maximum amount of deposit allowed is Rs. 5 lakhs
e) c & d
20. Financial statements includes
a) Balance Sheet
b) P & L
c) Cash & Funds Flow
d) a & b
e) a, b & c
ANSWERS:
1-1
2-1
3-3
4-1
5-1
6-3
7-5
8-5
9-5
10-d
11-b
12-a
13-d
14-b
15-d

16-e
17-b
18-c
19-d
20-e

Banking & Current Affairs Quiz

1. Recently, South African cricketer AB de Villiers hit fastest century in just 31 balls. He did it
against which country?
(a) England
(b) West Indies
(c) Sri Lanka
(d) Pakistan
(e) None of these
2. Which bank has started India's first contactless credit and debit card facility?
(a) SBI
(b) PNB
(c) HDFC Bank
(d) ICICI Bank
(e) None of these
3. What is the full form of CDSL?
(a) Central Depository Services Limited
(b) Cardinal Depository Services Limited
(c) Central Depository Securities Limited
(d) Central Deposit Securities Limited
(e) None
4. The Finance Bill 2015-16 envisages merging the Forward Market Commission with ___?
(a) Reserve Bank of India
(b) Securities and Exchange Bureau of India
(c) Competition Commission of India
(d) Finance Commission
(e) NITI Ayog
5. Shanta Kumar Committee is related to
(a) Restructuring of BCCI
(b) Restructuring of Gurudwaras
(c) Restructuring of Prasar Bharti Board of india
(d) Restructuring of Food Corporation of India
(e) None of India
6. What does the acronym DICGC mean?
(a) District Industries Centre and Government College
(b) Department of Insurance in Central Govt. Company
(c) Deposit Insurance and Credit Guarantee Corporation
(d) Deputy Inspector & Commissioner General for Commodities Trading
(e) Deposit Industries and Credit Guarantee Company
7. In which city the statue of Mahatma Gandhi made by British sculptor Philip Jackson was
unveiled by Finance Minister Arun Jaitley on 14th Mar - 15?
(a) New York
(b) Berlin
(c) Sydney
(d) Paris

(e) London
8. Who among the following has become the first Indian man to win Swiss Grand Prix title?
(a) Ajay Jayaram
(b) Chetan Anand
(c) Kidambi Srikanth
(d) P Kashyap
(e) None of These
9. What is the full form of NIM?
(a) Net Interest Margin
(b) Net Involvement Margin
(c) Net Involution Margin
(d) National Income Margin
(e) None of These
10. Where is the Bank of International Settlement headquartered?
(a) Belgium
(b) France
(c) Germany
(d) Switzerland
(e) Italy
11. What is the full form of MTSS?
(a) Money Transfer Service Scheme
(b) Medium Transfer Service Scheme
(c) Moderate Transfer Service Scheme
(d) Money Transfer Service Strategy
(e) Minimum Transfer Service Scheme
12. By defeating which country, Indian women team has won the FIH Hockey World League
Round 2?
(a) Germany
(b) Poland
(c) Spain
(d) Australia
(e) New Zealand
13. Who has been appointed as the chairman of Railway Board?
(a) AK Mittal
(b) Sadoor Gopalakrishnan
(c) Rajat Tripathy
(d) Ranjit Biswal
(e) None of these
14. 102nd Indian Science Congress 2015 has been concluded at ____________ University.
(a) Banaras Hindu
(b) Jawaharlal Nehru
(c) Jaipur
(d) Mumbai
(e) None of these
15. What is the tagline of SBI?
(a) Pure Banking Nothing Else
(b) You can always bank on us
(c) Working for a better tomorrow
(d) Experience Next Generation Banking
(e) Hum Hai Na

ANSWER
S
1
b
2
d
3
a
4
b
5
d
6
c
7
e
8
c
9
a
10
d
11
a
12
b
13
a
14
d
15
a

Banking Awareness Quiz

1. Banking sector comes under which sector?
(a) Services sector
(b) Manufacturing sector
(c) Realty sector
(d) Industrial sector
(e) None of these
2. What is STT?
(a) Standard Transaction Tax
(b) Securities Transaction tax
(c) Securities Transfer tax
(d) Standard Transfer tax
(e) None of these
3. Where is the headquarters of World Bank situated?
(a) Paris
(b) New York
(c) Basel
(d) Vienna
(e) Washington D.C.
4. Which of the following scheme is related to Financial Inclusion?
(a) AADHAR
(b) AAY
(c) Swabhiman
(d) Swavalamban
(e) All of the above
5. Which of the following is not a credit rating agency?
(a) WADA

(b) Fitch
(c) CRISIL
(d) Moody
(e) S & P
6. What is MZM in money market?
(a) Money with highest return
(b) Money with zero maturity
(c) Money with sovereign guarantee
(d) Monetary base or total currency
(e) None of these

7. The Tier-1 capital of banks does not include _______.

(a) Paid-up capital
(b) Revaluation reserves
(c) Statutory reserves
(d) Investment fluctuation reserves
(e) None of these
8. Where is National Institute of Bank Management (NIBM) located?
(a) Nasik
(b) Mumbai
(c) Pune
(d) New Delhi
(e) None of these
9. International Day of Rural Women is observed on ?
(a) September 15
(b) July 15
(c) December 15
(d) October 15
(e) November 15
10. Which of the following is a fully-owned subsidiary of RBI?
(a) NHB
(b) DICGC
(c) BRBNMPL
(d) All of the above
(e) Only (a) and (b)
11. Loan taken by the person, not telling the purpose of taking loan is called ?
(a) Impersonal Loan
(b) NPA
(c) Personal Loan
(d) Concealed Loan
(e) Hidden Loan
12. Public Sector Banks include ?
(a) 20 Nationalized Banks + State Bank of India + 5 SBI Associates + IDBI
(b) 20 Nationalized Banks + 6 Private Banks
(c) 14 Nationalized Banks + 6 SBI Associates + 7 Private Banks
(d) 20 Nationalized Banks + State Bank of India + 5 Private Sector Banks + IDBI

(e) 19 Nationalized Banks + State Bank of India + 6 SBI Associates

13. The formal way of lending includes lending from ?

(a) Private Sector Banks
(b) Co-operative Banks
(c) Public Sector Banks
(d) RRB
(e) All of the above
14. Which commission distributes the taxes between centre and states ?
(a) NITI Ayog
(b) Board of Direct Taxes
(c) Finance Commission
(d) National Development Counsel
(e) National Advisory Council
15. The facility not available in the BSBDA is ?
(a) deposit amount
(b) withdrawing of cash
(c) ATM Card
(d) withdrawal form facility
(e) All above facilities available

ANSWERS
1

11

12

13

14

15

10