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40. Securities and Exchange Board of India (SEBI) ap- of 15-59 will acquire skill training irrespective of their em-
proved Telenor India's Merger with ___________. The deal ployment status ?
is now pending final approval by other authorities such as 150 million
CCI (Competition Commission of India) ? 250 million
Vodafone 350 million
TATA 450 million
Idea None of These
Aircel ( Ans - 2)
Bharti Airtel
( Ans - 5)
46. World Bank's Global Economic Prospects (GEP) pro-
jected GDP growth rate of ______________ for India in
41. Software Firm ______________ launched‚ BaNCS App 2017-18 as against 6.8% growth in 2016-2017. World bank
Development Kit‚ (ADK), to enable banks to fast design also expects India’s growth rate to remain at 7.5% in 2018
and build their own apps and install it across devices and and 7.7%‚ in 2019. Global growth forecast in 2017 and 2018
desktops. Vision for ‘BaNCS ADK’ is to transfer flexibility at 2.7% and 2.9% respectively. ?
and increase speed of development in Banking ? 7.2%
Infosys 8.2%
TCS 7.8%
HCL 8.8%
WIPRO None of These
None of These ( Ans - 1)
( Ans - 2)
July 2017
42. ________ announced financing of solar rooftop pro- 1. 36th Foundation Day of ______________ and Silver Ju-
jects worth 400 crores, adding over 100 MW of solar roof- bilee of SHG Bank Linkage Programme held in New Delhi
top capacity. It is a significant step towards meeting In- ?
dia’s target for 40 GW of solar rooftop installations. National Bank For Agriculture & Rural Development (NAB-
________had earlier availed loan of USD 625 million from ARD)
World Bank for lending to Grid-Connected Rooftop Solar SEBI
PV (GRPV) projects. NHB
ICICI Bank SBI
SBI None of These
HDFC Bank ( Ans - 1)
Axis Bank
None of These
( Ans - 2) 2. According to 2nd National Council of Applied Economic
Research (NCAER) State Investment Potential Index (N-
SIPI 2017) report -
43. ________ Government signed agreement with Asian __________ retained top position in list of 21 states and
Development Bank (ADB) for loan of 1950 crore rupees for UTs with most investment potential, followed by Delhi and
strengthening of roads in different districts ? Andhra Pradesh..
Uttar Pradesh Maharashtra
Rajasthan Goa
Haryana Gujarat
Himachal Pradesh Rajasthan
None of These None of These
( Ans - 1) ( Ans - 3)
44. ____________ developed 5 villages into Digital Villages 3. According to Asian Development Bank, India will
and plans to develop as many as 100 digital villages in achieve GDP growth rate of _____________ in 2017-18 and
various States. ? 7.6 % in 2018-19 ?
Bank of Baroda 8.4 %
Oriental Bank of Commerce 7.6 %
Bank of India 7.8 %
SBI 7.4 %
Vijaya bank None of These
( Ans - 5) ( Ans - 4)
45. World Bank approved USD __________ loan for Skill 4. According to BMI Research, India is expected to register
India mission, aimed at making‚ Indian youth more em- a growth of ______________ in financial year 2017-18.
ployable through reskilling. SIMO is a 6 year programme in While RBI predicted 7.3 % GDP Growth Rate for current
support of National Policy for Skill Development and En- fiscal year (2017-18). BMI Research was founded in 1984
trepreneurship (2017-23). Under this, persons in age group
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24. Government Launched _________ as a new tax payer 28. Government approved selling government’s entire
service module, To enhance mobile access experience for 51.11% stake in Hindustan Petroleum Corp Ltd to Oil and
Taxpayers. Natural Gas Corp.
It is aimed at reducing physical interface between as- Government is 51% owner of HPCL and __________ owner
sesses and tax assessing authorities and thereby minimiz- of ONGC. HPCL's addition will make ONGC third-largest
ing chances of any tax harassment. refiner in country after IOC and Reliance Industries.
The module compiles various tax tools, live chat, dynamic 78%
updates, and important links to various processes within 88%
Income Tax Department in a single module. 68%
Aaykar Sahaj 98 %
Aaykar Mitra None of These
Aaykar Path ( Ans - 3)
Aaykar Sahayak
Aaykar Setu
( Ans - 5) 29. Government has set up DGARM
(_____________________) as a new wing to provide intelli-
gence inputs taking action against tax evaders. It has been
25. Government Stated that Gifts up to a value of INR has been set up will be under the Central Board of Excise
___________ per year by an employer to his employee are and Customs (CBEC). DGARM was set up on 1 July 2017,
outside ambit of GST ? coinciding with rollout of Goods and Services Tax (GST). ?
100000 Directorate General of Accreditation and Rear Manage-
25000 ment
50000 Directorate General of Accreditation and Real Manage-
10000 ment
None of These Directorate General of Accreditation and Risk Manage-
( Ans - 3) ment
Directorate General of Access and Risk Management
Directorate General of Analytics and Risk Management
26. Government approved Labour Code on Wages Bill ( Ans - 5)
which will ensure a minimum wage across all sectors by
integrating existing labour related laws. The Labour Code
on Wages Bill consolidates Minimum Wages Act 1948, 30. Government imposed __________ basic customs duty
Payment of Bonus Act 1965, Payment of Wages Act 1936 (BCD) on Cellular mobile phones and specified parts of
and Equal Remuneration Act _______ ? cellular mobile phones like charger, battery, wire headset,
1976 Microphone and Receiver, Key Pad, USB Cable etc ?
1986 15 %
1996 20 %
2006 10 %
None of These 35 %
( Ans - 1) None of These
( Ans - 3)
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35. ___________ will be selling personal loans of up to Rs 40. Infosys co-founder Nandan Nilekani along with venture
15 lakh through its ATMs. Using data from credit infor- capitalist Sanjeev Aggarwal has launched a _______ mil-
mation companies, to qualified ? lion venture fund called Fundamentum to back mid-stage
Axis Bank startups that solve unique Indian problems in consumer
ICICI Bank technology space ?
Yes Bank $50
HDFC Bank $400
None of These $300
( Ans - 2) $200
$100
( Ans - 5)
36. India signed $220 million loan agreement with Asian
Development Bank (ADB) for improving connectivity as
well as transport efficiency and safety on State Highways 41. International Monetary Fund (IMF)', World Economic
of ________ ? Outlook (July 2017 Update) -
Rajasthan India - GDP growth rate will be 7.2% for 2017-18 (up from
Uttarakhand 7.1% in 2016-17). India’s growth would accelerate to 7.7%
Haryana in 2018-19. India’s economy will still be the fastest grow-
Himachal Pradesh ing among large economies. Worls bank also predicted 7.2
None of These % GDP Growth rate for India in current Year and also
( Ans - 1) stated that India will remain World's 4th Fastest Growing
Economy.
Global economic growth rate will be ______________ in
37. India's ____________ received $150 million funding 2017 and 3.6% in 2018.
from USA government and Wells Fargo to increase lend- China’s - projected to grow by 6.7% in 2017 and 6.4% in
ing to support women entrepreneurs and small and me- 2018.
dium-sized enterprises in India.? 2.5%
HDFC Bank 3.5%
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35000
45000 57. _________________ started merchant banking opera-
None of These tion to benefit expanding number of growth-oriented mi-
( Ans - 1) cro, small and medium enterprises (MSMEs), especially
those with a strong technology and innovation quotient ?
NABARD
52. Reliance Industries Limited (RIL) for the first time SIDBI
crossed Rs 5 lakh crore in market capitalisation. RIL is NHB
second firm to cross Rs 5 lakh crore in market capitalisa- SEBI
tion and is also currently most valued company in India. None of These
____________ was first company to hit Rs 5 lakh crore in ( Ans - 2)
market capitalisation milestone in July 2014 ?
Adani Group
Aditya Birla Group 58. South Indian Bank tied up with Peregrine Financial
TCS Group (PFG) Forex for remittance facility for Indian expat-
BAJAJ Group riates from ___________. Under this, NRIs can enjoy fast
None of These remittance services using SIB’s Express facility ?
( Ans - 3) Australia
USA
UK
53. Reserve Bank of India (RBI) allowed non-banking fi- Russia
nance companies (NBFCs) to sell and market new pension None of These
scheme (NPS). Profit Making NBFCs with asset size of Min ( Ans - 1)
_________ are now permitted to sell NPS after registration
with pension regulator ?
100 crores 59. State Bank of India (SBI) and Carlyle Group acquired
150 crores _________stake of American Financial major GE Capital in
250 crores SBI Card. SBI Card is operated through two joint-ventures
500 crores - SBI Cards & Payment Services (SBICPSL) and GE Capital
None of These Business Process Management Services (GECBPMSL) ?
( Ans - 4) 26 % stake
62 % stake
16 % stake
54. Reserve Bank of India (RBI) has set up Supervisory 36 % stake
Colleges for __________ Scheduled Commercial Banks None of These
which have sizeable international presence - State Bank of ( Ans - 1)
India, ICICI Bank., Bank of India, Bank of Baroda, Axis
Bank and Punjab National Bank ?
9 60. launched Realty portal as a dedicated portal to help
8 home buyers to choose flats from its 3,000 approved pro-
5 jects across country (over 9.5 Lakh Home Units) ?
4 Yes Bank
6 ICICI Bank
( Ans - 5) AXIS Bank
SBI
None of These
55. Reserve Bank of India will shortly issue bank notes of ( Ans - 4)
denomination Rs ________ in Mahatma Gandhi series
2005 with inset letter ‘S’ ?
30 61. State Bank of India Online Funds Transfer Fee Rates
10 Reduced -
20 IMPS -
40 INR 0 for fund transfer up to INR ____________.
None of These For More Funds, charge will be Rs 5 for fund transfer in
( Ans - 3) range 1,000 to 1 lakh and Rs 15 for transactions of Rs 1-2
lakh.
NEFT / RTGS -
56. SBI (State Bank of India) slashed interest rates given 75 % Reduction in Fees attached with all NEFT / RTGS
on savings bank accounts from 4 % to __________ on de- Fund Transfers.
posits below Rs. 1 crore ? GST of 18 per cent on Processing fee is applicable on all
3.5 % financial transactions.
3.0 % 500
2.5 % 2,000
2.0 % 5,000
None of These 1,000
( Ans - 1) None of These
( Ans - 4)
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5.83 %
30.83 %
62. United Forum of Bank Unions observed ________ (48th 20.83 %
anniversary of nationalization of major banks) as ‘Save 25.83 %
public sector banks’ day ? 10.83 %
July 29 ( Ans - 5)
July 19
July 9
July 10 5. Bharat Sanchar Nigam Ltd (BSNL) launched bespoke
None of These mobile wallet to enable its existing 10 crore customers to
( Ans - 2) make Bill payments, developed by _____________ on be-
half of BSNL ?
Paytm
63. ___________ launched program for MSMEs (Micro, Freecharge
Small and Medium Enterprises) to help them get familiar Mobikwik
with GST taxation system ? Microsoft
Kotak Mahindra Bank None of These
HDFC Bank ( Ans - 3)
ICICI Bank
Axis Bank
YES Bank 6. Cabinet Committee on Economic Affairs (CCEA) ap-
( Ans - 5) proved Scheme of providing Budgetary Support under
Goods and Service Tax (GST) Regime for eligible indus-
August 2017 trial units in Jammu & Kashmir, Uttarakhand, Himachal
Pradesh and North Eastern States including Sikkim.
1. Airtel Payments Bank partnered with ______________ to Budgetary support of INR 27,413 crore for said Scheme
boost to enable ______'s 14,000 fuel stations to act as has been approved for period from 1-7-2017 till 31-03-
banking points for Airtel Payments Bank ? ___________ for industrial units located in aforesaid
HPCL States which availed benefit of Central Excise exemption
IOCL prior to GST implementation.
Reliance 2027
ONGC 2022
None of These 2020
( Ans - 1) 2030
None of These
( Ans - 1)
2. Shubh Aarambh Home Loans scheme has been
launched by ____________, which will see 12 equated
monthly installments (EMIs) waived off (4 EMIs each after 7. Cabinet Committee on Economic Affairs (CCEA) ap-
4th, 8th and 12th year from the of disbursement) on regu- proved revision in the procedure and mechanism for stra-
lar repayments of loans of up to Rs 30 lakh ? tegic disinvestment, recommended by DIPAM
HDFC Bank (_______________). It will enable completion of strategic
ICICI Bank disinvestment transactions.
Axis Bank Setting up an Alternative Mechanism (AM) to decide on
Yes Bank matters relating to terms of sale from stage of inviting of
None of These Express of Interests (Eols) till inviting of financial bid.
( Ans - 3) Enabling Core Group of Secretaries (CGD) to take policy
decisions with regard to procedural issues and consider
deviations for effective implementation of decisions of
3. As per report, _____________ accounts for over 27 % of CCEA.
total amount owed to public sector banks by wilful default- Department of Investment and procured Asset Manage-
ers, with 1,762 wilful defaulters owing INR 25,104 crores. ment
Punjab National Bank (PNB) is 2nd with 1,120 wilful de- Department of Investment and public Asset Management
faulters Owing INR 12,278 crores. ? Department of Investment and pure Asset Management
BOB Department of Internal and public Asset Management
IOB None of These
Canara Bank ( Ans - 2)
SBI
None of These
( Ans - 4) 8. Cabinet Committee on Economic Affairs approved clos-
ing of loss making Central PSU
________________________, under Ministry of Railways ?
4. Bajaj Finance picked ______________ stake in Mobile Bharat Wagon and Engineering Company Limited
wallet Firm MobiKwik for approx Rs 225 crore. Aim is to HMT
offer Bajaj Finance's lending (purchase finance, credit CEL
card, mortgage loans and personal loans) and insurance BEL
products through MobiKwik app ? None of These
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( Ans - 1)
13. CHOICE (________________________) launched ‘Point-
of-Sale’ product stargeted at mass-market segment - PoS -
9. Cabinet Committee on Economic Affairs approved re- Easy Bima Plan. It is first PoS product for company and is
naming Central Sector Scheme - SAMPADA a pure term insurance plan ?
(_____________________) as Pradhan Mantri Kisan Sam- Canara HDFC Oriental Bank of Commerce Life Insurance
pada Yojana (PMKSY). Company
SAMPADA was approved in May 2017, to supplement agri- Canara HDFC Oriental Bank of Commerce Life Institution
culture, modernize processing and decrease Agri-Waste. Company
PMKSY with an allocation of Rs. 6,000 crore is expected to Canara HSBC Oriental Bank of Commerce Light Insurance
handle 334 lakh MT agro-produce valuing over 1 Lakh Company
Crores INR, benefit 20 lakh farmers and generate over 5 Canara HSBC Oriental Bank of Commerce Life Institution
lakh employment by 2020. Company
Scheme for Agro-Marine Processing and Development of Canara HSBC Oriental Bank of Commerce Life Insurance
Agro-Processing Clusters Company
Scheme for Agro-Mutual Processing and Development of ( Ans - 5)
Agro-Processing Clusters
Scheme for Agro-Marine Processing and Deployment of
Agro-Processing Clusters 14. Central Board of Direct Taxes (CBDT) extended dead-
Schedule for Agro-Marine Processing and Development line for linking of Aadhaar with PAN till 31
of Agro-Processing Clusters _________________ 2017. Aadhaar - PAN linkage is man-
None of These dated through Section 139 AA (2) of Income Tax Act 1961
( Ans - 1) which says that person having PAN as on 1 July 2017 and
is eligible to obtain Aadhaar, must intimate his Aadhaar
number to the tax authorities ?
10. Cabinet approved proposal of Finance Ministry to December
amend Schedule of Section 8 of GST (Compensation to a October
State) Act 2017, allowing GST Council to hike maximum August
rate of compensation cess levied from current cap of 15% July
to _________________. None of These
Final decision to increase compensation cess will be ( Ans - 1)
taken by GST Council. Hike in rate of compensation cess
will be levied on SUVs, mid-sized, large and luxury cars.
28 % 15. ________ offered instant credit cards for its Net bank-
30 % ing customers. Customer is allowed a credit limit of up to
25 % 80% of the deposit or a maximum of 3 lakh ?
20 % ICICI Bank
None of These HDFC Bank
( Ans - 4) Axis Bank
City Union Bank
None of These
11. ________________ launched 2 new digital services for ( Ans - 4)
online payments - payment settlement mechanism Bharat
QR (Quick Response) and Bharat Bill Payment System
(BBPS). NPCI Also permitted Spice Digital to operate as a 16. Commodity derivatives bourse MCX (___________) re-
Bharat Bill Payment Operating Unit ? ceived Securities and Exchange Board of India’s (SEBI)
State Bank of India approval to launch India’s first gold options contract with
Union Bank of India bi-monthly duration. The option will also have existing
Bank of Baroda gold kilo futures contract as its underlier ?
Canara Bank Multi Currency Exchange Ltd
None of These Mutual Currency Exchange Ltd
( Ans - 4) Multi Commodity Exchange Ltd
Mutual Commodity Exchange Ltd
None of These
12. ___________ will raise $400 million as part of its $2 bil- ( Ans - 3)
lion medium-term note programme, by issuing a bench-
mark dollar bond with tenor of 5 years. Bond sale will be
drawn through London branch of Bank and bonds will be 17. Corporation Bank won best performance awards for
listed on Singapore Stock Exchange. Rating agency SHG-bank linkage program for ____________________ for
Moody’s assigned a Baa3 rating to the issue ? 2015-16 and 2016-17 from National Bank for Agriculture
Bank of Baroda and Rural Development (NABARD). It formed more than
Canara Bank 1.32 lakh self-help groups (SHGs) ?
Punjab National Bank Kerala
SBI Karnataka
None of These Assam
( Ans - 2) Meghalaya
None of These
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( Ans - 2) 20 %
25%
30 %
18. ___________ has been appointed by Cab Aggregator 50 %
Major Uber as its CEO ? None of These
Travis Kalanick ( Ans - 2)
Dara Khosrowshahi
Sunder Pichai
Satya Nadella 23. Goods and services tax (GST) collections exceeded
None of These revenue target for first month (July 2017) with INR
( Ans - 2) __________________ crores collections. Different Compo-
nents (Approx) CGST - 15000 Crores, SGST - 23000
Crores, IGST - 47000 Crores, Cess - 7000 Crores ?
19. Department of Industrial Policy and Promotion (DIPP) 72,283
(Commerce and Industry Ministry) will release a new in- 102,283
dustrial policy by October 2017, to replace National Manu- 82,283
facturing Policy (NMP) released in ____________. 92,283
It will review existing foreign direct investment (FDI) policy None of These
regime to facilitate greater technology transfer. Policy will ( Ans - 4)
aim to attract $100 billion of FDI in a year, up from $60 bil-
lion in 2016-17.
DIPP has adopted consultative approach for formulating 24. Government approved ________ disinvestment
industrial policy by setting up six thematic focus groups - through strategic sale of Central Electronics Limited
Manufacturing and MSME, Technology and Innovation, In- (CEL), with net worth approx 50 crores ?
frastructure, Investment, Trade and Fiscal Policy, Ease of 75 %
Doing Business and Skills and Employability for Future. 50 %
2009 80 %
2010 70 %
2008 100%
2011 ( Ans - 5)
None of These
( Ans - 4)
25. Government approved raising EBR
(____________________) upto Rs. 9020 crore during 2017-
20. Digital wallet app Samsung Pay tied up with 18 by NABARD through issuance of Bonds for ensuring
_____________ to store higher variants of Bank's debit lending at 6% per annum under borrowings for implemen-
cards on app, turning Samsung smartphones into elec- tation of Accelerated Irrigation Benefits Programme (AIBP)
tronic card-holders and users can pay at point-of-sale works of 99 ongoing prioritized irrigation projects under
(PoS) terminals with just a tap on cards stored in Sam- PMKSY.
sung Pay ? Several irrigation projects taken up under Accelerated Irri-
State Bank of India gation Benefit Programme (AIBP) were languishing due to
PNB inadequate provision of funds. To cater to large fund re-
BOB quirement and ensure completion of these projects, Gov-
ICICI Bank ernment created Long Term Irrigation Fund (LTIF) in NAB-
None of These ARD with an initial corpus of Rs. 20,000 crore for funding
( Ans - 1) of Central and State share for identified ongoing projects
under PMKSY (AIBP and CAD).
To make loan from NABARD attractive for states, rate of
21. Tech Firm ______________ launched Budding Star interest was kept around 6% by providing requisite cost
Programme, a program aimed at Flipkart employees to free funds to NABARD every year during 2016-17 to 2019-
help them achieve their dreams by providing them finan- 20 on which interest cost would be borne by Govt. of In-
cial assistance and paid leaves, open for employees who dia.
have completed 6 months with company. ? Extra Bundled Resources
Flipkart External Budgetary Resources
Snapdeal Extra Budgetary Resources
Paytm External Bundled Resources
Google None of These
None of These ( Ans - 3)
( Ans - 1)
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38. ICEX (______________) launched world’s first diamond 43. ____________ became First Private Sector Bank to roll
futures contracts to provide exporters with a hedging tool, out an Aadhaar Enrollment Centre, at its Nelson Manickam
enabling companies involving in cut and polished gems Road Branch in Chennai ?
business to better hedge price risks. ICEX has started Karur Vysya Bank
trading in 1 carat/100 cent contracts and eventually in fu- Lakshmi Vilas Bank
ture will add 50 cent and 30 cent contracts. HDFC Bank
Note that India is a global diamond polishing hub where 14 ICICI Bank
out of every 15 rough diamonds in the world are polished. None of These
Indian Commodity Exchange ( Ans - 1)
Institutional Commodity Exchange
Internal Commodity Exchange
Indian Currency Exchange 44. _______________ launched an Aadhaar-based inte-
None of These grated outward forex remittance service Remit for both
( Ans - 1) customers and non-customers. It offers a paperless pro-
cess that enables users to register online using Aadhaar
and PAN numbers, and initiate remittances instantly ?
39. Indian Navy's Band participated in International Mili- Axis Bank
tary Music Festival "Spasskaya Tower" held in Moscow Yes Bank
(_____________). A 66-member Indian Navy band also HDFC Bank
joined historic Royal Edinburgh Military Tattoo in the UK ? ICICI Bank
Spain Kotak Mahindra Bank
Russia ( Ans - 5)
France
Germany
None of These 45. Leading FMCG (Fast Moving Consumer Goods) Britan-
( Ans - 2) nia Industries will set up its largest plant in ____________
in a food park at Ranjangaon, with investment of INR 1000
crores ?
40. Indian e-commerce firm Flipkart received investment of Goa
____________ Billion from Japan's SoftBank Vision Fund, Maharashtra
world’s largest technology-focused investment fund. This Rajasthan
is as biggest ever private investment in an Indian technol- Gujarat
ogy company. None of These
Flipkart is now world's 3rd most funded private company ( Ans - 2)
with almost $7 billion capital raised so far. Top 2 are both
ride hailing platforms – Chinabased Didi Chuxing ($15 Bil-
lion) and US based Uber ($12.9 billion). 46. Lok Sabha passed Banking Regulation (Amendment)
$1.8 Bill 2017 to replace Banking Regulation (Amendment) Or-
$4.4 dinance 2017 and amend Banking Regulation Act
$3.4 _____________ to insert provisions for handling cases re-
$1.4 lated to stressed assets or non-performing assets (NPAs)
$2.4 of banks. Key Features -
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It enables Central government to authorize Reserve Bank Directorate General of Supplies and Disposals
of India (RBI) to direct banking companies to resolve spe- ( Ans - 5)
cific stressed assets by initiating insolvency resolution
process, as per Insolvency and Bankruptcy Code 2016.
It empowers RBI to issue directions to banks for resolu- 51. Multi Commodity Exchange of India (MCX) and Mahin-
tion of stressed assets from time to time. dra Agri Solutions signed MoU to provide agriculture re-
It inserts provision to make above provisions applicable to lated price information, through their recently launched
the SBI and its subsidiaries and also Regional Rural mobile application _________________?
Banks (RRBs). MyAgriGuru
1949 TotalAgriSolutions
1959 IndiaAgri
1969 AgriLand
1985 None of These
None of These ( Ans - 1)
( Ans - 1)
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