Weekly Update: Financial Movements: Week2, January 2016

Financial Movements during the second week of Jan 2016 i.e. 03/01/2016 to 09/01/2016

Ques. Which mobile app has been launched by PNB that will enable the customer to locate PNB ATM?

Ans. PNB ATM Assist

Ques. The Negotiable Instruments Amendment Bill 2015 was passed by which body?

Ans. Rajaya Sabha and Lol Sabha

Ques. Name the associate bank of SBI on which RBI has imposed a penalty of 1 crore rupees?

Ans. State Bank of Travancore

Ques. By how much amount has the central government cut the support to railways this financial year?

Ans. Rs. 12000 crore

Ques. Ratan Tata has invested in which company?

Ans. Tracxn

Ques. Azim Premji topped the the list of Most Generous Indian. He is the chairman of which company?

Ans. Wipro

Ques. The Union Cabinet approved the conversion of MUDRA Ltd, a non- banking financial company (NBFC), into ______?

Ans. MUDRA bank

Ques. The government of India has approved the closure of which PSU?

Ans. HMT watches