Banking Awareness Quiz for Bank Exams Set - 1

Mentor 4 CA

Dear Readers,

Welcome to Mentor for Current Affairs. Here I am presenting Banking Awareness quiz for upcoming bank exams like IBPS/BOB. Aspirants preparing for those exams can make use of these questions. Please do like my Facebook Page. Thank you.

1. The term “BANK” defined in the section 5(b) of _____________?

A. Reserve Bank of India Act, 1934

B. State Bank of India Act, 1955

C. Negotiable Instruments Act, 1881

D. Banking Regulation Act, 1949

E. Regional Rural Banks Act, 1975

2. When a Bank is financing an “International Business”, it in fact, is involved in which of the following?

A. Retail Banking

B. Unit Banking

C. Trade Finance

D. Project Finance

E. Micro Finance

3. Who among the following is the head of the US Central Banking Authority “Federal Reserve” [FED]?

A. William Yellen

B. Janet Yellen

C. Rose Yellen

D. Anna Yellen

E. Elizabeth Yellen

4. ₹ 1, 00,000 per Depositor across all banks is the maximum Deposit amount insured by Deposit Insurance & Credit Guarantee Corporation [DICGC] with effect from ____________onwards.

A. 1st May 1998

B. 1st April 2003

C. 1st May 1993

D. 1st April 2001

E. 1st May 1995

5. The “Retail Loans” given by commercial banks are generally for a duration of ___________

A. less than 1 year only

B. less than 3-5 years only

C. less than 5-7 years only

D. less than 10 years only

E. more than 10 years

6. We frequently read about “FEMA” in News Papers. What does the Letter “M” denotes in the Abbreviation “FEMA”?

A. Money

B. Marginal

C. Modified

D. Mutual

E. Management

7. “NIFTY” is National Stock Exchange of India’s benchmark stock market index for Indian Stock Market. How many companies that form part of NIFTY index?

A. 20

B. 30

C. 40

D. 50

E. 100

8. Which of the following rate is replaced the “Benchmark Prime Lending Rate” (BPLR)?

A. Bank Rate

B. Repo Rate

C. Base Rate

D. Savings Rate

E. MSF Rate

9. ____________ is a program of the government to cover the maximum population with bank accounts.

A. Financial Awareness

B. Financial Integrity

C. Financial Inclusion

D. Financial Exclusion

E. Financial Freedom

10. Which of the following is the abbreviation of “BCSBI”?

A. Banking Codes & Services Board of India

B. Banking Codes & Systems Board of India

C. Banking Codes & Standards Board of India

D. Banking Codes & Solutions Board of India

E. Banking Codes & Support Board of India

Answers:

1)d   2)c   3)b   4)c   5)c   6)e (Foreign Exchange Management Act)  7)d   8)c   9)c   10)c

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Static Awareness Quiz for Bank Exams - Set 1

Mentor 4 CA

Dear Readers,

Welcome to Mentor for Current Affairs. Here I am presenting Static Awareness quiz for upcoming bank exams like IBPS/BOB. Aspirants preparing for those exams can make use of these questions. Please do like my Facebook Page. Thank you.

1. What is the capital of “Kyrgyzstan”?

A) Ashgabat

B) Urumqi

C) Astana

D) Bishkek

E) Banjul

2. “Swami and Friends” book authored by ___________

A) K S Meghadutta

B) R K Narayan

C) Aravind Kour

D) Akhilesh Yadav

E) V.V. Giri

3. “National Journalism Day” is observed on __________

A) 17th January

B) 17th March

C) 17th May

D) 17th October

E) 17th November

4. According to CENSUS 2011, which of the following state having “Highest Sex Ratio” in India?

A) Madhya Pradesh

B) Gujarat

C) Kerala

D) Maharashtra

E) Punjab

5. “National Voter’s Day” is observed on __________

A) January 23rd

B) January 14th

C) January 25th

D) January 09th

E) January 28th

6. Book “The God of the Small Things” authored by ____________

A) Anita Nair

B) Shobhaa De

C) Kiran Desai

D) Arundhati Roy

E) Jhumpa Lahiri

7. Which of the following is the capital of “Denmark”?

A) Helsinki

B) Amsterdam

C) Copenhagen

D) Lisbon

E) Warsaw

8. “Kalinadi Hydroelectric Power Station” located at which of the following state?

A) Tamil Nadu

B) Karnataka

C) Andhra Pradesh

D) Telangana

E) Odisha

9. When is “World Population Day” observed?

A) 1st July

B) 26th July

C) 11th July

D) 18th July

E) 28th July

10. When is the currency of “Egypt”?

A) Pound

B) Dollar

C) Riyal

D) Dinar

E) Lira

Answers:

1)d   2)b   3)e   4)c   5)c   6)d   7)c   8)b   9)c   10)a

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Indian-American Abraham Verghese selected for National Humanities Medal 2015

Mentor 4 CA

Indian-American Abraham Verghese selected for National Humanities Medal 2015

Indian-American physician-author, Abraham Verghese (61) has been selected for the prestigious 2015 National Humanities Medal.

President Barack Obama will bestow the honour upon Verghese along with 11 others recipient’s at a ceremony to be held in Washington on 21st September 2016.

He has been selected for the prestigious award for reminding us that the patient is the centre of the medical enterprise.

About Abraham Verghese:

He was born in Ethiopia to parents from Kerala who had worked as teachers. Currently, Abraham Verghese is a professor of medicine at the Stanford School of Medicine.

His work has emphasised empathy in medicine. He has authored several acclaimed books, including “My Own Country” and “Cutting for Stone”.

About National Humanities Medal:

National Humanities Medal bestowed upon individuals or groups whose work has deepened the nation’s understanding of human experience, broadened citizens’ engagement with history, languages, philosophy, literature and other humanities subjects. It was inaugurated in 1997.

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RCom - Aircel merger a strong challenger to Idea Cellular

Mentor 4 CA

RCom - Aircel merger a strong challenger to Idea Cellular

Reliance Communications and Aircel's parent Malaysia's Maxis will own half each of the merged entity.

Anil Ambani led Reliance Communications (RCom) signed definitive agreements with Maxis Communications Berhad (MCB) for the merger of wireless businesses of Aircel Limited with itself, making it the largest-ever consolidation in the Indian telecom sector.

The RCOM-Aircel combination will create a strong operator clearly ranked amongst India’s top 4 telcos by customer base and revenues, also ranking amongst the top 3 operators by revenues in 12 important circles, said a company statement adding that the merged company will have the second-largest spectrum holding amongst all operators, aggregating 448 MHz across the 850, 900, 1800 and 2100 MHz bands.

Mr. Ambani expects this combination to create substantial long term value for shareholders of both, RCOM and MCB, given the benefits of the wide-ranging spectrum portfolio and significant revenue and cost synergies.

According to MCB, this deal further reinforces MCB’s commitment to India as MCB has invested in excess of Rs 35,000 crore ($ 5.2 billion) into Aircel, making this one of the largest foreign investments in the Indian telecom sector.

The merged entity will be one of India’s largest private sector companies, with an asset base of over Rs. 65,000 crore ($9.7 billion) and net worth of Rs. 35,000 crore ($5.2 billion).

The combined entity will enjoy substantial benefits of scale driving significant revenue growth, and capex and opex synergies with an NPV of Rs. 20,000 crore ($3 billion).

RCom and MCB will each hold a 50% stake in the merged entity, with equal representation on the Board of Directors and all Committees. The Company will be managed by an independent professional team under the supervision of the Board.

Rcom’s overall debt will reduce by Rs 20,000 crore ($3 billion) or over 40% of its total debt, and Aircel’s debt will reduce by Rs. 4,000 crore ($600 million), upon completion of the transaction in 2017.

On consummation of the merger, RCom and MCB are committed to additional equity infusion into merged company to further strengthen the balance sheet, fund future growth plans, and enhance financial flexibility, said the company statement adding that both parties are already in talks with leading international investors in this regard.

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Financial Awareness Quiz for bank exams Set - 1

Mentor 4 CA

Dear Readers,

Welcome to Mentor for Current Affairs. Here I am presenting Financial Awareness quiz for upcoming bank exams like IBPS/BOB. Aspirants preparing for those exams can make use of these questions. Please do like my Facebook Page. Thank you.

1. Which of the following carries out “Open Market Operations” (OMO)?

A) Ministry of Finance

B) Fixed Income Money Market Derivatives Association of India (FIMMDAI)

C) National Bank for Agriculture & Rural Development (NABARD)

D) Securities and Exchange Board of India (SEBI)

E) Reserve Bank of India (RBI)

2. The current “Banking Ombudsman Scheme” became operative from ____________

A) 1998

B) 2002

C) 2004

D) 2006

E) 2010

3. Which of the following statement (s) is/are CORRECT in context of “BSBDA- Small Account”?

A) Total credits in BSBDA-Small accounts should not exceed ₹ 1 lakh in a year.

B) Maximum balance in the BSBDA –Small account should not exceed ₹ 50,000 at any time.

C) The total of debits by way of cash withdrawals and transfers will not exceed ₹ 10,000 in a month.

D) Remittances from abroad cannot be credited to BSBDA - Small Accounts without completing normal KYC formalities.

E) All are correct

4. The savings bank account holders can transact a minimum of _______transactions (including both financial and non-financial transactions) free of charge in a month at other bank ATMs in other than 6 metros locations, viz. Mumbai, Delhi, Chennai, Kolkata, Bengaluru, & Hyderabad.

A) 3

B) 5

C) 6

D) 8

E) 10

5. As per RBI guidelines, which of the following category is NOT fall under Priority Sector?

A) Social Infrastructure

B) Export Credit

C) Education

D) Housing

E) Manufacturing sector

6. In the terms of economics, the recession occurring two times with a small gap in between is known as

A) Double Deflation

B) Deflation

C) Deep Recession

D) Double Dip Recession

E) Recession

7. Many Regional Rural Banks are given licence to open branches in small cities and towns. These licences were given by_________

A) Cabinet Committee on Economic Affairs (CCEA)

B) Reserve Bank of India (RBI)

C) National Bank for Agriculture & Rural Development (NABARD)

D) Indian Bankers Association (IBA)

E) Banking Codes & Standards Board of India (BCSBI)

8. Which of the following organization is created especially for providing credit to “SME” in India?

A) NABARD

B) SIDBI

C) IFCI

D) SBI

E) IDBI

9. What is “Forex”?

A) It is buying of foreign currency

B) It is selling of foreign currency

C) It is buying of one currency and selling of another currency

D) It is buying & selling of Gold in Commodity Market

E) It is buying & selling of shares in stock exchanges

10. “IRDA Act” was enacted in which year?

A) 1993

B) 1996

C) 1999

D) 2001

E) 2003

Answers:

1)e   2)d   3)e   4)b   5)e   6)d   7)b   8)b   9)c   10)c

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Vice-President to leave for Venezuela to participate in 17th NAM Summit

Mentor 4 CA

Vice-President to leave for Venezuela to participate in 17th NAM Summit

Vice-President Mohammad Hamid Ansari will leave for Venezuela this afternoon to participate in the 17th Summit of the Non Aligned Movement or NAM.

The Summit is being held at Margarita Island in Venezuela on 17th and 18th of this month. The summit will be preceded by deliberations at the Ministerial and Senior Official levels.

17th NAM Summit is expected to bring together leaders from the 120 developing countries that are members of this Movement.

The NAM Summits are among the largest gathering of countries, after the United Nations.

India is one of the founding members of the Non Aligned Movement which came into being 55 years ago when leaders of 25 developing countries, including the then Prime Minister Jawahar Lal Nehru met at the 1961 Belgrade Conference.

The last NAM Summit was hosted by Iran in 2012.

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I&B Minister Venkaiah Naidu asks media to refrain from sensationalism

Mentor 4 CA

Information and Broadcasting Minister M. Venkaiah Naidu has asked media to refrain from sensational reporting and focus on the truth.

Addressing the 49th convocation of Indian Institute of Mass Communication in New Delhi, Mr Naidu said, sensationalism has unfortunately become order of the day in the hunt for headlines.

He said journalists must ask hard questions but reporting should be based on facts.

He said presently in Parliament and assembly reporting, media is headlining the ruckus and sloganeering in the Houses at the cost of real issues related to agriculture and villages.

Mr Naidu said they project people who break law as heroes. Expressing concern over paid news, the Minister said journalist is for mission, not for commission and they should refrain from such activities.

He also stressed on the need for starting journalism courses in all Indian languages in IIMC. Mr Naidu said communication skills are very important in a democracy and there is a need to understand how to communicate and influence people.

He said information with confirmation is great ammunition against war on poverty, untouchability, terrorism and attack on women.

The Minister also stated how media scenario is changing rapidly due to social media and instant news is becoming the norm. On the occasion, Prasar Bharati Chairman Dr A Surya Prakash and other senior officials were also present.

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Axis Bank ties up with Banaras Hindu University (BHU) to offer specialised banking courses

Mentor 4 CA

Axis Bank ties up with Banaras Hindu University (BHU) to offer specialised banking courses

Private sector Axis Bank has tied up with Banaras Hindu University (BHU) to offer specialised banking courses.

The bank along with the Faculty of Commerce at BHU will develop the design and curriculum of courses, besides deciding on e-learning modules, structure and courseware, Axis Bank said in a release.

The partnership will offer courses like Masters in Commerce (MCom), Master of Financial Management (MFM), Master of Financial Management (Risk & Insurance) MFM - RI, Master of Foreign Trade (MFT).

Axis Bank said the programmes will be launched in a phased manner, starting with first batch commencing from academic session 2016-17.

The courses will be designed to introduce the students to functioning of banking industry in India and to academically and vocationally prepare them for corporate world.

The bank will conduct lectures through domain experts or faculty before the end of each semester pertaining to banking and insurance.

Students will also be provided an internship of six weeks at the end of the second semester at any branch of Axis Bank that will help them complete on the job training as well as acquaint with working in the banking industry.

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Government reiterates, Jan Dhan Yojana continues to be robust scheme

Mentor 4 CA

Government today reiterated that the Pradhan Mantri Jan Dhan Yojana (PMJDY) continues to be a robust scheme which provides benefits even when there is no balance in the accounts.

Finance Ministry in a release said, government remains committed to adding value to the PMJDY by routing benefits directly into bank accounts under various schemes.

The Ministry said, PMJDY is a national mission for financial inclusion to ensure access to financial services, deposit accounts, remittances, credit and accident insurance.

It said, Jan Dhan accounts accounts can be opened with zero balance and there is no requirement of maintaining a minimum balance.

Finance Ministry said, over 24 crore Jan Dhan accounts have been opened and deposits of 42,000 plus have been received in these accounts.

In December, 2014, over 10.45 crore Jan Dhan accounts had deposits of eight thousand 353 crore rupees. The deposits have been rising steadily during this period.

About Pradhan Mantri Jan-Dhan Yojana (PMJDY):

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.

Account can be opened in any bank branch or Business Correspondent (Bank Mitr) outlet. PMJDY accounts are being opened with Zero balance. However, if the account-holder wishes to get cheque book, he/she will have to fulfill minimum balance criteria.

Special Benefits under PMJDY Scheme

a) Interest on deposit

b) Accidental insurance cover of Rs. 1 lac

c) No minimum balance required.

d) The scheme provide life cover of Rs. 30,000/- payable on death of the beneficiary, subject to fulfillment of the eligibility condition.

e) Easy Transfer of money across India

f) Beneficiaries of Government Schemes will get Direct Benefit Transfer in these accounts.

g) After satisfactory operation of the account for 6 months, an overdraft facility will be permitted

h) Access to Pension, insurance products.

i) The Claim under Personal Accidental Insurance under PMJDY shall be payable if the Rupay Card holder have performed minimum one successful financial or non-financial customer induced transaction at any Bank Branch, Bank Mitra, ATM, POS, E-COM etc. Channel both Intra and Inter-bank i.e. on-us (Bank Customer/rupay card holder transacting at same Bank channels) and off-us (Bank Customer/Rupay card holder transacting at other Bank Channels) within 90 days prior to date of accident including accident date will be included as eligible transactions under the Rupay Insurance Program 2016-2017.

j) Overdraft facility upto Rs.5000/- is available in only one account per household, preferably lady of the household.

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Madhya Pradesh government to release White Paper on malnutrition

Mentor 4 CA

Madhya Pradesh government to release White Paper on malnutrition

The Madhya Pradesh government will release a White Paper on malnutrition and maternal-infant mortality rate. Chief minister Shivraj Singh Chouhan has made an announcement in this regard.

AIR Correspondent reports that in a meeting in capital Bhopal, chief minister Shivraj Singh Chouhan instructed officials of the woman and child development and health department to launch a joint drive to remove malnutrition from the state.

A committee comprising woman and child development minister, health minister and other senior officials has been set up to make necessary arrangements for this.

In some media reports, it has been alleged that several children died due to malnutrition in Sheopur district. However, the state government has denied any such death.

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Ramesh Raskar honoured with innovation award for mentoring young people in technology

Mentor 4 CA

India-born innovator and scientist Ramesh Raskar has won the prestigious 2016 Lemelson-MIT Prize.

He is an associate professor at Massachusetts Institute of Technology (MIT’s) Media Lab.

He is known for his co-invention of an ultra-fast imaging camera that can see around corners, low-cost eye-care solutions.

It also enables users to read the first few pages of a book without opening the cover.

About Ramesh Raskar:

a) He was born in Nashik, Maharashtra. He is associate professor at the Massachusetts Institute of Technology (MIT), US.

b) He is head of the MIT Media Lab’s Camera Culture research group. He had finished his engineering education from College of Engineering, Pune (COEP) and had completed his PhD at UNC Chapel Hill.

c) He holds over 75 patents and has written more than 120 reviewed publications.

About Lemelson-MIT Prize:

i) The annual Lemelson-MIT prize is administered by the School of Engineering at the MIT.

ii) It was endowed in 1994 by Jerome H. Lemelson The award honours US inventors who are mid-career and trying to improve the world through science and technology.

iii) The winner receives US$ 500000 US, making it the largest cash prize for invention in the US.

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Nepal Prime Minister to arrive in New Delhi on four-day visit

Mentor 4 CA

Newly-elected Nepal Prime Minister Pushpa Kamal Dahal, also known as Prachanda, is arriving in New Delhi today on a four-day visit to India.

During the visit, he will hold talks with Prime Minister Narendra Modi and call on President Pranab Mukherjee.

This will be Mr Prachanda's first bilateral visit abroad after assuming office last month.

The visit will provide an opportunity for both the sides to discuss issues of mutual interest and seek ways to strengthen the age-old friendly ties.

Earlier this week, Nepal's Foreign Affairs Minister Dr Prakash Sharan Mahat had visited New Delhi and met External Affairs Minister Sushma Swaraj.

Both leaders had wide-ranging talks covering the entire gamut of bilateral relations.

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India offers additional developmental assistance of one billion dollars to Afghanistan

Mentor 4 CA

India offers additional developmental assistance of one billion dollars to Afghanistan

India has pledged additional one billion dollars development assistance to Afghanistan for capacity building, strengthening democratic institutions, education, health, agriculture and energy.

The announcement was made after delegation level talks between Prime Minister Narendra Modi and Afghanistan President Ashraf Ghani in New Delhi.

During the talks, both countries called for eliminating all forms of terrorism in the region. In a joint statement after the talks, both countries agreed that terrorism is the single biggest threat to peace, stability and progress in the region and beyond.

Giving a stern message to Pakistan, they called upon the concerned to put an end to all support, safe havens and sanctuaries to terrorists.

Giving the highlights of the joint statement, Foreign Secretary S Jaishankar said, both leaders reaffirmed their resolve to counter terrorism and strengthen security and defence cooperation.

Mr Jaishankar also said, enhancing connectivity and liberalising visa regime were also discussed during the meeting.

India and Afghanistan also signed agreements on Extradition Treaty, Outer Space and Judicial Matters after the talks.

Later, the Afghan President spoke at the Institute for Defence Studies and Analysis. He said, the conflict in north-western parts of Pakistan and Balochistan is equivalent to a war. A huge number of Pakistani forces moved to Khyber Pakhtunkhwa and Balochistan and this violence needs to be covered by media.

Mr Ghani said, South Asia is reeling under two wars - one in Afghanistan which he said is not a civil war and the other in Pakistan.

Delivering a keynote address at a business meeting, Mr Ghani suggested setting up a Task Force by the Governments and Chambers of Commerce of India and Afghanistan to take the countries' strategic relationship forward.

He said, the allocation of 1 billion dollars by Prime Minister Narendra Modi towards rebuilding and future of Afghanistan is a statement of belief in the strategic partnership.

He underlined the need for business chambers of the two countries to contribute towards Afghanistan's efforts by setting up a target of 10 billion dollars in trade and investment in the next five years.

Speaking at the meeting, Minister of State for External Affairs General VK Singh said, the strategic partnership between India and Afghanistan has been growing steadily. He said, it is time to boost the relationship further by taking trade and investment to the next level.

The Minister said, the private sector needs to explore new avenues for partnership and must engage in creating capabilities and capacities, allowing Afghanistan to rebuild its economy and providing employment opportunities to its citizens.

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Gionee signs (MoU) with Haryana for setting up mobiles manufacturing unit

Mentor 4 CA

Gionee signs (MoU) with Haryana for setting up mobiles manufacturing unit

Gionee mobile phones would now be manufactured in Haryana as the company today signed a Memorandum of Understanding (MoU) with Haryana Government to set up its mobile phones manufacturing hub with an initial investment of Rs 500 crore which, later on, would be increased to Rs 1500 crore.

The MoU was signed in the presence of Chief Minister Manohar Lal and Industries Minister Vipul Goel by Chairman, Gionee Mobiles, Liu Lirong and Haryana State Industrial and Infrastructure Development Corporation (HSIIDC).

Vipul Goel said that the Mobile Manufacturing Hub would be set up over an area of 40-50 acres in Faridabad and would provide employment to 28000 persons in next three years. This, he said, would be a major project in Faridabad and more such projects would come up in other areas of the State.

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United States sign 38 billion dollars deal with Israel

Mentor 4 CA

United States sign 38 billion dollars deal with Israel

United States has signed a 38 billion dollars deal with Israel to provide the country with military assistance over a 10-year period.

The deal is the largest such agreement the US has ever had with any country.

Under the terms, Israel will receive 3.8 billion dollars a year from the US, up from the 3.1 billion dollars Washington currently gives Israel annually under a 10-year deal that ends in 2018.

Following 10 months of tense negotiations, the two allies finalised the memorandum of understanding with a signing ceremony in Washington yesterday.

US President Barack Obama, in a statement, said, he and Irsael Prime Minister Benjamin Netanyahu are confident that the new MoU will make a significant contribution to Israel's security.

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Graeme Hick signs deal to become Australia's batting coach

Mentor 4 CA

Graeme Hick signs deal to become Australia's batting coach

Former England Test batsman Graeme Hick has been appointed as Australia's batting coach for the next four seasons.

Hick joins head coach Darren Lehmann, fielding coach Greg Blewett and new bowling coach David Saker in the Australia set-up, and will begin his contract at the start of the home Test series against South Africa in November.

However, his first significant challenge will be to help Australia's batsmen improve their output on the subcontinent, with a four-Test tour of India in February-March.

Australia have lost their past nine Tests in Asia and were recently humiliated 3-0 by Sri Lanka in a series that was notable for Australia's consistent batting failures against spin.

When he was appointed Cricket Australia's high performance coach based at the Centre of Excellence in 2013, Hick stressed the need for patience from Australia's young batsmen, instead of expecting that they could score at limited-overs speed in first-class cricket.

He believes a similar mental approach will be necessary for Australia's batsmen to succeed in India.

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India Blue won Duleep trophy title in style

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Ravindra Jadeja spiced up an otherwise uneventful final day with another lethal spell of left-arm spin as India Blue notched up a crushing 355-run win over Reds to clinch the inaugural day/night Duleep Trophy tournament in Greater Noida on Wednesday.

After having been set an improbable target of 517 with two-and-a-half sessions to go on the fifth day of the Duleep Trophy final, India Red's batsmen played a series of poor shots to fall well short of the far more achievable goal of batting out time for a draw.

They subsided for 161 to hand India Blue a crushing 355-run victory and, with it, the Duleep Trophy.

Ravindra Jadeja took five wickets to add to his five in the first innings, and Karn Sharma chipped in with three, but India Red's biggest nemesis was their own indiscretion.

For a majority of their innings, they seemed content to swing with abandon on a wearing pitch that merited a far more calibrated approach.

There was sharper turn than on the previous four days, but it remained slow turn and was far from unplayable.

However, as Jadeja, Karn and Parvez Rasool warmed into their respective spells, and began putting balls in line with the stumps they became increasingly difficult to play.

About Duleep Trophy:

a) The Duleep Trophy is a domestic first-class cricket tournament played between teams representing geographical zones of India.

b) The Tournament was instituted in 1961-62 by BCCI.

c) The tournament is named after Kumar Shri Duleepsinhji of Nawanagar. It was contested by three teams, namely India Red, India Blue and India Green.

d) In June 2016, the Board of Control for Cricket in India (BCCI) had changed the feature of tournament featuring day/night matches and to be played with pink ball.

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