) Which public-sector bank declared Kingfisher Airlines, its promoter Vijay Mallya and three directors as “wilful defaulters” on 1 September 2014, with which it became the first bank to make such a declaration against Mallya? – United Bank of India (UBI)……………………………………………………………………………………….. 2) The Law Ministry of India has opined that the Government of India has all the powers to print currency notes of Re. 1 denomination. Why the opinion of Law Ministry on this issue was taken? – The RBI was of the view that with the repeal of Section 2 of the Currency Ordinance, the Government of India is not empowered to issue note of denominational value of one rupee ……………………………………………………………………………………….. 3) NIFTY, the 50-scrip benchmark index of the National Stock Exchange (NSE) crossed which milestone mark for the first time on 1 September 2014? – 8,000 ……………………………………………………………………………………….. 4) The Reserve Bank of India (RBI) cancelled licences of five non-banking financial companies (NBFCs) on 2 September 2014. These NBFCs include Unichem Finance & Enterprises Pvt., Shimansu Vyaparik Kendra Ltd., Shree Bhagwati Marketing Private Ltd. and Sureka Teknik Private Limited. All these NBFCs are based in same city. Which city is this? – Kolkata ……………………………………………………………………………………….. 5) The Competition Commission of India (CCI) during September 2014 initiated an investigation against public sector general insurers and their association. The PSU insurance companies against whom this investigation has been initiated include New India Insurance, Oriental Insurance, United India Insurance and National Insurance, as well as their combine, the General Insurers’ (Public Sector) Association of India (GIPSA). What is the reason for this investigation? – Alleged anti-competitive practices relating to third-party administrators (TPAs) in health insurance committed by these companies ……………………………………………………………………………………….. 6) The Union Government during September 2014 asked Expenditure Management Commission (EMC) to suggest an effective strategy for meeting reasonable proportion of expenditure on services through user charges. The newly set up EMC will have to review the major areas of Central Government expenditure and suggest ways for creating fiscal space required to meet developmental expenditure needs. Who is heading EMC? – Bimal Jalan (former RBI Governor)……………………………………………………………………………………….. 7) India has been ranked third in a list of countries most affected by online banking malware during the April-June quarter of 2014 as announced by security solutions provider Trend Micro on 6 September 2014. Which country has been ranked first in this list? – Japan ……………………………………………………………………………………….. 8) After being in business for seven years, Future Generali Life Insurance has reported its maiden quarterly profit during the quarter ended 30 June 2014. Future Generali Life Insurance is the part of which group? – Future Group ……………………………………………………………………………………….. 9) Barring a few, most of the life insurance companies have disclosed lower ‘persistency ratios’ for the first quarter of the current fiscal ended 30 June 2014 as also for the full financial year ended 31 March 2014. What is the reason for lower ‘persistency ratio’? – A new standardised disclosure regime put in place for insurance sector ……………………………………………………………………………………….. 10) What is the name of a deadly ‘Trojan’ virus which hacks and steals personal credit and debit card data and is prowling in the Indian cyberspace as announced on 3 September 2014 by Indian cyber security watchdog CERT-In? – “Backoff”
Posted on: Mon, 29 Sep 2014 04:17:50 +0000
Trending Topics
Recently Viewed Topics
© 2015