Banking and Financial Awareness – 5

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Agnihotri Ravindra

30 Jan, 2013

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Banking Awareness, Uncategorized,

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ICICI Prudential

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1) According to the latest figures released by the Insurance Regulatory and Development Authority (IRDA), which private-sector insurance company has overtaken PSU Life Insurance Corporation (LIC) in terms of profits for 2011-12 to become most profitable insurance company of the country? – ICICI-Prudential (a 12-year old joint-venture between ICICI Bank and UK-based Prudential Life Insurance)

2) Which edition of National Development Council (NDC) was held in New Delhi on 27 December 2012, which was inaugurated by Prime Minister Dr. Manmohan Singh and was attended by Chief Ministers of almost all states of India? – 57th

3) The Sakhir Declaration was done recently at the end of summit meet of which organization? – The Gulf Cooperation Council (GCC’s 33rd Summit Meet was held in Sakhir in Bahrain) – GCC is a political and economic union of the Arab states bordering the Persian Gulf and located on or near the Arabian Peninsula

4) Who was appointed recently as the first Chairperson of the National Green Tribunal – the apex body constituted under a 2010 Act for deciding cases pertaining to environmental protection and conservation of forests and natural resources? – Justice Swatanter Kumar, a Judge of the Supreme Court

5) As per the data released by the Planning Commission of India, which state recorded fastest growth rate of 10.6 per cent per annum between 2006-10, leaving behind states like Gujarat, Haryana and Maharashtra? – Bihar (Bihar was followed by Orissa, Maharashtra, Haryana, Chhattisgarh and Gujarat in this list)

6) The Foreign Investment Promotion Board (FIPB) on 26 December 2012 approved the proposal of IKEA, a furniture major’s Rs. 10,500 crore project, which is the largest FDI in single-brand retail so far in India. IKEA is a company based in which country? – Sweden

7) Which airline on 21 December 2012 made a national record of flying over 50 thousand passengers? – Air India (Air India carried 50,765 passengers on this single day, comprising of 35,246 domestic passengers and 15,519 international passengers)

8) Which panel has recently come up with an outlook on challenges and options in the implementation of the National Food Security Bill (NFSB), which is to guarantee food availability to all? – Ashok Gulati Panel (Ashok Gulati is the Head of the Commission of Agricultural Costs (CAC))

9) Which Indian CEO was top ranked among Indian CEOs in a global study on the 100 best performing Global CEOs by the Harvard Business Review (HBR) to be published in HBR’s January-February 2013 edition? – YC Deveshwar (CEO of ITC Limited, who was ranked seventh in the list. This list was decided after evaluating how much total shareholders returns has changed over a time from CEO’s first day in office to 31st August 2012)

10) A pact was signed between the Russian Direct Investment Fund (RDIF) and a public sector bank on 24 December 2012 to set up a $ 2 billion fund to fund core sector projects as well as improving bilateral investments between the two countries. Which Indian PSU bank was involved in this pact? – State Bank of India


| SBI | RRB | IBPS | General Awareness | IBPS PO | Banking MCQ | Banking Awareness 2015 | General Awareness 2015 | IBPS Online Test | Banking Awareness PDF | IAS |

The Swedish newspaper was recently asked it to delete the reference made by President Pranab Mukherjee to the Bofors scam in an interview to it, as a claim protested by the Indian Government on 27 May 2015. India has expressed disappointment over the disrespect shown to the President, the newspaper has defended its right to publish what was said during the interview.

Know, who is Vijay Kelkar and what is PPP !

Vijay Kelkar is a renowned economist and a former Finance Secretary. He was appointed head of newly constituted committee to give recommendations to recast the model of Public-Private-Partnership (PPP) model in India. India is one of the largest PPP market with over 900 projects. The Kelkar committee will review the PPP policy, suggest a better risk-sharing mechanism between private developers and the government after analysing such projects.

Know, who is Yaduveer Krishnadatta Chamaraja Wadiyar !

Yaduveer Krishnadatta Chamaraja Wadiyar was crowned as the new Maharaja of of Mysuru (Mysore) royal family. He is the 23-year old grandson of Princess Gayathri Devi, who was the eldest daughter of the last Maharaja of Mysore, Sri Jayachamarajendra Wadiyar. The coronation was held at Mysuru’s famous Amba Vilas Palace, which was decked up for the occasion.

Know about Sepp Blatter!

Swpp Blatter, was re-elected as FIFA president for a fifth term at the 65th Annual Congress of FIFA held at Zurich for four year term.

Prince Ali bin al-Hussein of Jordan stood against Blatter in this election. It is worth mentioning that FIFA is going through a major controversy regarding corruption in the organisation with two FIFA vice presidents and a recently elected FIFA executive committee member still in custody.


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