NHB Assistant Manager Exam: Current Affairs Questions

Dear Aspirants,

Current Affairs Questions for NHB Assistant Manager Exam 2019 :

The General Awareness Section of Banking Exams covers numerous sections in it like Banking Awareness, Static GK, and Current Affairs. Most of the questions in GA appear from Current Affairs section. So it becomes important for you all to cover this particular section with sincerity and seriousness. The questions on Static and Banking Awareness are related to the countries, events or anything that has been in news for a while. Knowledge of current news also helps you deal with the PI (Personal Interview) more efficiently so you do not give a mumble jumble answer to the interviewee’s simple questions. Here is a quiz on Current Affairs to let you assess your Current Affairs Knowledge.

Q1. The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 at_____________.

Rs 40000 crore

Rs 28000 crore

Rs 68000 crore

Rs 75000 crore

Rs 80000 crore

Solution:

The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 (April 2019 to September 2019) at Rs 75000 crore.

Q2. Which of the following organisation launched an India-focused fact-checking feature to combat fake news and rumours starting with the run-up to the Lok Sabha elections?

Snap Chat

Instagram

Tik Tok

Google

Solution:

WhatsApp launched an India-focused fact-checking feature to combat fake news and rumours starting with the run-up to the Lok Sabha elections.

Q3. Who among the following has taken charge as Managing Director of Life Insurance Corporation of India?

Anand Mahindra

Aditya Puri

Kumar Mangalam Birla

Uday Kotak

Vipin Anand

Solution:

Vipin Anand has taken charge as Managing Director of Life Insurance Corporation of India. Prior to this, he was in charge of LIC’s Western Zone, headquartered at Mumbai.

Q4. The 7th Foreign Office consultations between India and Italy were held in ___________.

Rome

New Delhi

Venice

Milan

Mumbai

Solution:

The 7th Foreign Office consultations between India and Italy were held in New Delhi.

Q5. In a bid to further improve the cash position of banks, RBI has tweaked LCR norms. LCR indicates the proportion of highly liquid assets held by banks to ensure their ability to meet short-term obligations. What does C stands for in LCR?

Cooperative

Credit

Coverage

Concurrent

Currency

Solution:

In a bid to further improve the cash position of banks, RBI has tweaked Liquidity Coverage Ratio (LCR) norms to provide an additional 2% window to lenders. As per RBI Governor Shaktikanta Das, this move will harmonise the liquidity requirements of banks and release additional money for lending.

Q6. Who among the following has been appointed as Managing Director of Infrastructure Leasing & Financial Services (IL&FS)?

CS Rajan

Vineet Nayyar

N Srinivasan

Malini Shankar

Nand Kishore

Solution:

CS Rajan has been appointed Managing Director while Vineet Nayyar named as Executive Vice-Chairman of Infrastructure Leasing & Financial Services (IL&FS).

Q7. The Bureau of Indian Standards (BIS) has inked an MoU with the Indian Institute of Technology_________ to collaborate in the field of standardisation and conformity assessment.

Delhi

Kanpur

Bombay

Guwahati

Roorkee

Solution:

The Bureau of Indian Standards (BIS) has inked an MoU with the Indian Institute of Technology, Delhi (IIT-D) to collaborate in the field of standardisation and conformity assessment.

Q8. Karnataka Bank has entered into an MoU with Bharti AXA Life Insurance Company to distribute the latter’s life insurance products. Who is the MD & CEO of Karnataka Bank?

MN Rangarajan

Frederick Pinto

Mahabaleshwara MS

Naina Lal Kidwai

D. R. Mehta

Solution:

Mahabaleshwara MS is the Managing Director and Chief Executive Officer of Karnataka Bank.

Q9. ______and ______ are the first Indian exchanges to enter into the MoU with Moscow exchange.

Mangalore Stock Exchange, NSE
NSE, India INX

Madras Stock Exchange, BSE

BSE, India INX

Ahmedabad Stock Exchange, NSE

Solution:

BSE (earlier known as Bombay Stock Exchange) and India International Exchange (India INX) have signed a memorandum of understanding with Moscow Exchange (MOEX) to connect investor community and companies in both countries besides allowing a capital formation platform.

Q10. LCR indicates the proportion of highly liquid assets held by banks to ensure their ability to meet short-term obligations. To improve the cash position of banks, RBI has tweaked LCR norms to provide an additional _______ window to lenders.

11%

15%

Solution: