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Financial Awareness Quiz for SBI Exams

Published on Wednesday, June 29, 2016
financial
Ques 1.
The chairman of the 7th Pay Commission  is

Ques 2.
what was the Minimum & Maximum pay recommended by the 7th Pay commission ?

Ques 3.
7th Pay commission will have bearing on the remuneration of _____ central govt employees & ___pensioners ?

Ques 4.
What was the Increase recommended for pay, Allowances & pension in the 7th pay commission ?

Ques 5.
The Annual rate of increment recommended in the 7th pay commission was

Ques 6.
What will be  the total cost to the exchequer with the 7th pay commission ?

Ques 7. 
Military Service pay has been increased from Rs. 4200 to Rs.

Ques 8.
short service commissioned offices will be allowed  to exit  the armed forces at any point in time between

Ques 9.
India's Economic  Growth in 2013-14 was 6.6% whereas in 2014-15 was

Ques 10.
as per CSO  estimates in 2016 the Manufacturing Growth will be  9.5% 7 Farm sector growth will be 1.1% whereas GDP growth will be

Ques 11.
Minimum Import Price on____ steel products will range from $341 to $752 per tonne to provide relief  to local steel markers.

Ques 12.
what is per capita national income at current price in 14-15 & 13-14

Ques 13.
Import duty on wheat in increased to ?

Ques 14.
The minimum support price of wheat ?

Ques 15.
The government has allowed  ____-% FDI in Duty Free shops Under automatic route .

Ques 16.
What is the investment limit set by RBI for the foreign Institutional Investors and registered foreign portfolios investors under the portfolio investment scheme ?

Ques 17.
What is the  increase in the IMF's voting rights for India ?

Ques 18.
The world's fastest stock exchange ?

Ques 19.
According  to UN WESP report 2016 India has been  projected as the fastest growing economy with growth at the rate of ?

Ques 20.
Agriculture share in the GDP is ....

Ques 21.
What is Corporate Social Responsibility as per new Company Act ?


Solution:

 Ans 1.
Jus.AK  Mathur ( Jus.BN srikrishna was of 6th)

Ans 2.
Rs. 18000 & Rs. 2.5lac per month  Respectively

Ans 3.
47 lakhs , 52 lakhs

Ans 4.
16%, 63% & 24% respectively

Ans 5. 
3%

Ans 6.
Rs. 102000cr ( 0.65% of GDP)

Ans 7.
15500

Ans 8. 
7 to 10 years

Ans 9.
7.2%

Ans 10.
7.6%

Ans 11.
173

Ans 12.
86879 & 79412 respectively

Ans 13.
25% from 10%

Ans 14.
Rs. 1525 (old was Rs. 1450)

Ans 15.
100

Ans 16.
74%

Ans 17.
2.6% from earlier 2.3%

Ans 18
BSE became  the world's fastest stock exchange clocking a median  trade speed  of six micro seconds.

Ans 19.
7.3%

Ans 20.
16-17%

Ans 21.
A company which has at least Rs.5cr net profit or Rs.1000cr Turnover or Rs. 500cr Net  worth have to spend 2%of their 3 years average annual net profit  toward CSR.


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