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10 October 2015 Current Affairs
Author : Sudhakar
Category : Economy Current Affairs
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10 October 2015 Current Affairs

10 October 2015 Current Affairs

  21)         On which of the following days RTGS facility will not operate ?

 

Ans : (5)

 

1. 1st Monday of the month

2. 2nd Saturday of the month

3.          4th Saturday of the month

4.          All Saturdays of the month

5.          Both 2 & 3

 

Explanation: The Reserve Bank has said that the Real-time gross settlement - RTGS system will not be operated on second and fourth Saturdays with banks observing public holiday on those days. In a notification issued from Mumbai, RBI said that the system will operate for full days on working Saturdays of the month. The minimum amount to be remitted through RTGS is Rs 2 lakh while there is no upper ceiling.

 

 22)        Through 14th Finance Commission, Bihar will get Rs. 3.74 Lakh Crore in next how many years ?

 

Ans : (5)

 

1.     1

2.          2

3.          3

4.          4

5.          5

 

Explanation: This was occurred On 1st Sep’15 as announced by the PM Narendra Modi in a parivartan rally in Bihar He also said that this amount is different from the Rs 1.65 lakh crore that he announced earlier.

 23)          Domestic Systemically Important Banks (D-SIBs) declared by the RBI recently are………….?

 

Ans : (5)

 

1. SBI

2. ICICI Bank

3.          HDFC Bank

4.          PNB

5.          Both 1 & 2

 

Explanation: The D-SIB framework requires RBI to disclose the names of banks designated as D-SIBs every year in August starting from August 2015. Now it is to be interpreted as that these banks are so integral to the economy that their failure would have to be prevented at any cost.

 

 24)        Ratan P Watal has been appointed as the new Finance ………….on 31st Aug’15 ?

 

Ans : (1)

 

1.          Secretary

2.          Advisor

3.          Chairman

4.          Minister

5.          None

 

Explanation: He is a 1978-batch IAS officer of the Andhra Pradesh cadre.

 25) Which of the following banks has been downgraded by one notch to `bb` to reflect the growing risk to the bank`s capital position from its mounting stressed assets ?

 

Ans : (1)

 

1.          Punjab National Bank

2.          Indian Bank

3.          Bank of Baroda 

4.          Axis Bank

5.          Dr. rajendra Prasad

 

Explanation: As per the Fitch Ratings released on 1st Sep’15, Rating agency Fitch Ratings downgraded PNB`s Viability Rating by one notch to `bb` on the growing risk to the bank`s capital position from a mounting stock of stressed assets.


 

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