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Banking Economic and Financial Awareness General Knowledge (GK Quiz - 203)

1. India in January 2012 received $2 billion foreign direct investment showing an annual growth of___
[A]16%
[B]34%
[C]92%
[D]69%


2. The RBI in May 2012 intervened to stem the continued fall of rupee it directed exporters to convert ______of their foreign currency holding with banks into the rupee balances within a fortnight
[A]10%
[B]20%
[C]40%
[D]50%


3. SKS Microfinance Ltd India’s only listed micro lender in May 2012 announced to shut 78 branches in _____
[A]Gujarat
[B]Assam
[C]Andhra Pradesh
[D]Kerala


4. With which of the nation India called for a joint venture to provide employment opportunities in the war torn country?
[A]Afghanistan
[B]Tanzania
[C]Pakistan
[D]Syria


5. India’s largest power producer NTPC Ltd in May 2012 posted nearly ____rise in consolidated net profit
[A]1 percent
[B]2 percent
[C]3 percent
[D]5 percent


6. In May maruti Suzuki India Ltd announced to adopt ____40 state run technical schools to create a customised labour pool it will need to fuel its Rs 18000 cr expansion in Gujarat Project
[A]50
[B]40
[C]60
[D]20


7. To which nation Bajaj Auto Ltd in May decided to export fewer vehicles after country sharply increased import duty
[A]Nepal
[B]China
[C]Bangladesh
[D]Srilanka


8. OPEC revised its 2012 world oil demand at ____per day
[A]80mb
[B]88.67mb
[C]90.14mb
[D]87.45mb


9. The Union cabinet in May 2012 approved the ambitious gas pipeline project that originates from Turkmenistan and passes through Afghanistan and Pakistan before terminating IN India
[A]$2 billion
[B]$4.3 billion
[C]$7 billion
[D]$7.6 billion


10. What export target is set by Government of India for the Fiscal year 2012-13?
[A]$100 BILLLION
[B]$150 BILLLION
[C]$120 BILLLION
[D]$350 BILLLION


11. ADANI Enterprises in May reported ____decline in its net profit for the fiscal 2011-12
[A]12%
[B]21%
[C]26%
[D]34%


12. Coal India ltd in May has been asked by coal ministry to sign fuel supply agreement with NTPC Ltd for 750 megawatt power project in
[A]Assam
[B]Manipur
[C]Kerala
[D]Delhi


13. Which firm secured coverage from Iranian insurer for a crude cargo becoming the first Indian firm to do so?
[A]Mangalore Refinery
[B]NTPC
[C]BHEL
[D]RIL


14. The government in May raised the rate on general provident fund (GFF) to____
[A]6%
[B]7%
[C]8.8%
[D]9.1%


15. Power and automation technology group ABB Ltd in April announced to built new facility in India by investing aroung
[A]Rs 300 cr
[B]Rs 200 cr
[C]Rs 250 cr
[D]Rs 150 cr


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