Economy/Banking Current Affairs Questions for IBPS Clerk Exam 2013

Friends…here is the Part-8 of our Economy/Banking Current Affairs Questions for IBPS Clerk Exam 2013….
1. India’s core sector growth stood at ___________ in August as published in Oct 2013)?
(A) 3.7%
(B) 3.1%
(C) 6.5%
(D) 2.3%
Ans. (A) 3.7%
2. Who took over charge as Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL) in Oct 2013?
(A) SB Nayar
(B) S Varadarajan
(C) R K Singhon
(D) B Ashok
Ans. (B) S Varadarajan
3. Which IT Services Company acquired the Equinox Consulting, a financial services consulting firm based in France, in Oct 2013?
(A) Cognizant
(B) TCS
(C) Infosys
(D) Wipro
Ans. (A) Cognizant
4. Which country has topped the global chart of remittances with a whopping USD 71 billion in remittances in 2013?
(A) China
(B) Philippines
(C) Mexico
(D) India
Ans. (D) India
5. ECB has kept its benchmark interest rate on hold at ________ in Oct 2013.
(A) 0.5%
(B) 0.25%
(C) 0.75%
(D) 1%
Ans. (A) 0.5%
6. Who has been appointed chairman of Karnataka Vikas Grameena Bank (KVGB), a regional rural bank sponsored by Syndicate Bank, in Oct 2013?
(A) Ashok Reddy Nukala
(B) S.R. Bansal
(C) Rajendra Kumar Saraf
(D) Umesh Chand Asawa
Ans. (A) Ashok Reddy Nukala
7. Which IT Company acquire ValueSource NV, a subsidiary of Belgium-based integrated bank insurance group KBC, as part of a five-year contract with the group in Oct 2013?
(A) Cognizant
(B) TCS
(C) Infosys
(D) Wipro
Ans. (A) Cognizant
8. India has been ranked at ______ position out of 122 countries on global Human Capital Index published by the World Economic Forum in Oct 2013.
(A) 78th
(B) 85th
(C) 88th
(D) 66th
Ans. (A) 78th
9. Government of India has appointed a four member committee headed by whom to clear the ambiguity between Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) terms in Oct 2013?
(A) Bimal Jalan
(B) Mukul Mudgal
(C) Arvind Mayaram
(D) A.P. Shah
Ans. (C) Arvind Mayaram
10. The Government of India launched a unique project to put 100 most important Indian heritage sites online in collaboration with which IT/Internet giant in Oct 2013?
(A) Google
(B) Yahoo
(C) Microsoft
(D) Amazon
Ans. (A) Google


1) India Post has launched Instant Cash in Oct 2013. Instant Cash is an instant electronic money transfer service launched in partnership with which company?
(A) Wall Street Exchange
(B) Moneygram
(C) National Stock Exchange
(D) Western Union
Ans. (A) Wall Street Exchange
2) Which organization won the Nobel peace prize 2013 (announced in Oct 2013)?
(A) European Union
(B) Organisation for the Prohibition of Chemical Weapons (OPCW)
(C) UNICEF
(D) Red Cross
Ans. (B) Organisation for the Prohibition of Chemical Weapons (OPCW)
3) Who has been ranked as India’s richest women as per the latest Forbes list published by the magazine in Oct 2013?
(A) Indu Jain
(B) Anu Aga
(C) Savitri Jindal
(D) Kiran Mazumdar Shaw
Ans. (C) Savitri Jindal
4) Which of the following Indian district has been termed as the first zero-landless district in the country in Oct 2013?
(A) Alappuzha
(B) Ernakulam
(C) Kannur
(D) Kollam
Ans. (C) Kannur
5) Who has been appointed as the Chairperson of India’s largest bank, State Bank of India in Oct 2013?
(A) Nishi Vasudeva
(B) Shubhalakshmi Panse
(C) Arundhati Bhattacharya
(D) Archana Bhargava
Ans. (C) Arundhati Bhattacharya
6) SEBI and FIPB have approved Jet-Etihad deal in Oct 2013. As a part of the deal, Etihad will acquire __________ stake in Jet Airways to Etihad.
(A) 51%
(B) 24%
(C) 49%
(D) 76%
Ans. (B) 24%
7) Indian mobile phone maker Micromax has roped in which Hollywood star as its brand ambassador to expand in the overseas market in Oct 2013?
(A) Russell Crowe
(B) Christian Bale
(C) Hugh Jackman
(D) Robert Downey Jr.
Ans. (C) Hugh Jackman
8) Which Indian PSU Bank has agreed take over the Amanath Cooperative Bank after board meeting held in Oct 2013?
(A) Punjab National Bank
(B) Canara Bank
(C) IDBI Bank
(D) Bank of Maharashtra
Ans. (B) Canara Bank
9) 23rd ASEAN Summit 2013 held in Oct 2013 in which city?
(A) Manila
(B) Kuala Lumpur
(C) Brunei
(D) Bangkok
Ans. (C) Brunei
10) Which Indian Telecom company has launched M-Pesa, its trademarked mobile money transfer and payment service in Maharashtra in association with ICICI Bank in Oct 2013?
(A) Airtel
(B) Vodafone
(C) Aircel
(D) Idea
Ans. (B) Vodafone




1. Which bank(the biggest US bank by assets) said 15 Nov 2013, it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market?
(A)JPMorgan Chase & Co
(B) Lehman Brothers
(C) Goldman Sachs
(D) Bank of America
Ans. (A) JPMorgan Chase & Co
2. President Pranab Mukherjee released a postal stamp to commemorate which anniversary of The Times of India in an elegant ceremony at the Rashtrapati Bhawan on 14th Nov 2013?
(A) 50th
(B) 100th
(C) 150th
(D)  175th
Ans. (D)  175th
3. Headline inflation at a high percent and rising food prices are definitely not a good sign for the economy. October WPI inflation figure released on 14th November 2013 stands at 8-month high. What is WPI (Wholesale Price Index) for October 2013?
(A) 6.2 %
(B) 6.6 %
(C) 6.9 %
(D) 7 %
Ans. (D) 7 %
4. Global professional services firm Ernst & Young has appointed whom as its new Global Chairman and CEO in July 2013?
(A) Gary Kenneth Toomey
(B) Mark Weinberger
(C) Joe Kaeser
(D) Etienne Benet
Ans. (B) Mark Weinberger
5. India has been ranked _______ among 142 countries in the Global Innovation Index 2013 published in July 2013?
(A) 61st
(B) 66th
(C) 68th
(D) 70th
Ans. (B) 66th
6. The Inter-ministerial body Telecom Commission has approved to raise foreign direct investment limit in the telecom sector from current 74% to _________ in July 2013.
(A) 95%
(B) 90%
(C) 100%
(D) 91%
Ans. (C) 100%
7. Which Indian state was declared as the first Smoke-free state of the country in July 2013?
(A) Haryana
(B) Punjab
(C) Himachal Pradesh
(D) Gujarat
Ans. (C) Himachal Pradesh
8. Which country joined the European Union as the 28th member of the Union in July 2013?
(A) Norway
(B) Latvia
(C) Croatia
(D) Turkey
Ans. (C) Croatia
9. Who has been appointed as Director General of Bureau of Indian Standards (BIS) in July 2013?
(A) Sujata Singh
(B) Sunil Soni
(C) K K Paul
(D) Sharad Gupta
Ans. (B) Sunil Soni
10. Who has been appointed as Managing Director of UTI Mutual Fund in July 2013?
(A) Leo Puri
(B) Deepak Parekh
(C) Rana Kapoor
(D) None of These

Ans. (A) Leo Puri



1. Which Financial Company has secured approval from the Foreign Investment Promotion Board (FIPB) to set up white-label ATMs in India in Sep 2013?
(A) State Bank of India
(B) Reliance Capital
(C) Muthoot Finance
(D) IFCI
Ans. (C) Muthoot Finance
2. Which Indian Officer was elected as regional director at the 31st meeting of health ministers and 66th session of WHO regional committee for South-East Asia in Sep 2013?
(A) Deepak Sandhu
(B) Rakesh Sood
(C) Poonam Khetarpal Singh
(D) None of These
Ans. (C) Poonam Khetarpal Singh
3. Yahoo Inc has appointed which veteran technology executive and Silicon Valley investor as its new chairman in August 2013?
(A) Alfred J. Amoroso
(B) Stratton Sclavos
(C) Maynard Webb
(D) Roy J. Bostock
Ans. (C) Maynard Webb
4. India has signed a loan agreement with the World Bank worth of _________ for its Low Income Housing Finance Project in August 2013.
(A) USD 50 million
(B) USD 150 million
(C) USD 100 million
(D) USD 200 million
Ans. (C) USD 100 million
5. Saba Anjum received the Arjuna award – 2013, presented in August 2013. She is associated with which sport?
(A) Hockey
(B) Wrestling
(C) Shooting
(D) Football
Ans. (A) Hockey
6. Religare Health Insurance has signed a deal with which Indian PSU bank in Sep 2013 to market its product and service bouquet through the distribution network of the bank?
(A) Union Bank of India
(B) IDBI Bank
(C) Central Bank of India
(D) Allahabad Bank
Ans. (A) Union Bank of India
7. Who has been appointed as the Chairman and Managing Director of Power Finance Corporation Ltd (PFC) by the Government of Indian in Sep 2013?
(A) Satnam Singh
(B) BN Talukdar
(C) M.K. Goel
(D) Nishi Vasudeva
Ans. (C) M.K. Goel
8. The government approved the proposal of _________ capital infusion in Export-Import Bank of India in Sep 2013 to support future growth of the lender.
(A) Rs 1000 crore
(B) Rs 700 crore
(C) Rs 500 crore
(D) Rs 800 crore
Ans. (B) Rs 700 crore
9. Prime Minister’s key economic advisor C Rangarajan has lowered the growth forecast for the current fiscal to ________ in Sep 2013.
(A) 5.9%
(B) 5.3%
(C) 6.2%
(D) 6.5%
Ans. (B) 5.3%
           
10. Which state/UT has the highest par capital annual income in India with per capita annual income of Rs. 2.01 lakh in 2012-13?
(A) Chandigarh
(B) Delhi
(C) Gujarat
(D) Maharashtra
Ans. (B) Delhi

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