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MCQOPTIONS
This section includes 3839 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 201. |
Which bank has been selected under 'Most Innovative Best Practice' at the coveted CII Digital Transformation Award 2021 or CII DX Award 2021? |
| A. | DBS Bank |
| B. | HDFC Bank |
| C. | State Bank of India |
| D. | Union Bank of India |
| Answer» C. State Bank of India | |
| 202. |
Which payments bank has partnered with MoneyGram to enable international fund transfer? |
| A. | Fino Payments Bank |
| B. | India Post Payments Bank |
| C. | Paytm Payments Bank |
| D. | Airtel Payments Bank |
| Answer» D. Airtel Payments Bank | |
| 203. |
Which of the following bank along with Vayana Network has won the 'Most Effective Bank-Fintech Partnership' award at the IBSi-Global Fintech Innovation Awards 2021? |
| A. | RBL Bank |
| B. | Federal Bank |
| C. | Karur Vysya Bank |
| D. | DCB Bank |
| Answer» C. Karur Vysya Bank | |
| 204. |
Which bank in partnership with NPCI to become 1st Indian bank to offer cross-border payments via UPI? |
| A. | IndusInd Bank |
| B. | Kotak Mahindra Bank |
| C. | Canara Bank |
| D. | Punjab National Bank |
| Answer» B. Kotak Mahindra Bank | |
| 205. |
Which bank has topped in digital transactions in the financial year 2020-21? |
| A. | Indian Bank |
| B. | Canara Bank |
| C. | ICICI Bank |
| D. | Bank of Baroda |
| Answer» E. | |
| 206. |
Which bank has signed a co-lending agreement with U GRO Capital to provide INR 1000 crore formal credit to underserved MSMEs at affordable rates? |
| A. | IndusInd Bank |
| B. | Bank of Baroda |
| C. | Central Bank of India |
| D. | Indian Overseas Bank |
| Answer» D. Indian Overseas Bank | |
| 207. |
Indipaisa has signed a partnership agreement with which Payments Bank to launch Fintech solutions targeting the SME sector? |
| A. | NSDL Payments Bank |
| B. | Fino Payments Bank |
| C. | Paytm Payments Bank |
| D. | India Post Payments Bank |
| Answer» B. Fino Payments Bank | |
| 208. |
Which bank has partnered with the National Payments Corporation to offer real-time cross-border remittances to India using UPI IDs, for its MTO partners? |
| A. | RBL Bank |
| B. | IndusInd Bank |
| C. | State Bank of India |
| D. | Bank of Baroda |
| Answer» C. State Bank of India | |
| 209. |
Karnataka government has partnered with the NPCI & which bank to enable and implement the 'e-RUPI'? |
| A. | Bank of Baroda |
| B. | State Bank of India |
| C. | IndusInd Bank |
| D. | Bandhan Bank |
| Answer» C. IndusInd Bank | |
| 210. |
Which bank has announced the launch of 'Green Fixed Deposits'? |
| A. | Axis Bank |
| B. | ICICI Bank |
| C. | HDFC Bank |
| D. | IndusInd Bank |
| Answer» E. | |
| 211. |
Vasudevan PN has been re-appointed as MD and CEO of which bank? |
| A. | Yes Bank |
| B. | Punjab and Sind Bank |
| C. | Canara Bank |
| D. | Equitas Small Finance Bank |
| Answer» E. | |
| 212. |
Which bank has signed an MoU with IPPB to offer banking services of IPPB in semi-urban and rural areas? |
| A. | ICICI Bank |
| B. | RBL Bank |
| C. | State Bank of India |
| D. | HDFC Bank |
| Answer» E. | |
| 213. |
Which bank has signed a co-loan agreement with U Grow Capital? |
| A. | Central Bank Of India |
| B. | Bank of India |
| C. | Canara Bank |
| D. | Bank of Baroda |
| Answer» B. Bank of India | |
| 214. |
Which of the following has set up a separate internal department for fintech? |
| A. | RBI |
| B. | Indusland Bank |
| C. | HDFC Bank |
| D. | Bank of Baroda |
| Answer» B. Indusland Bank | |
| 215. |
Google and which bank have tied up to boost the bank's customer experience strategy? |
| A. | Bank of Baroda |
| B. | Yes Bank |
| C. | Canara Bank |
| D. | RBL Bank |
| Answer» E. | |
| 216. |
NPCI Bharat BillPay (NBBL) has launched UPMS, a new system to simplify recurring bill payments. What does UPMS stand for? |
| A. | Unified Presentment Management System |
| B. | Uninterrupted Presentment Management System |
| C. | Utility Presentment Management System |
| D. | Universal Presentment Management System |
| Answer» B. Uninterrupted Presentment Management System | |
| 217. |
Indian Institute of Management Kozhikode has partnered with which bank through its Business incubator LIVE to disburse the loan to startups under the startup funding scheme, 'IndSpring Board'? |
| A. | Bank of Baroda |
| B. | Indian Bank |
| C. | State Bank of India |
| D. | Punjab National Bank |
| Answer» C. State Bank of India | |
| 218. |
Which bank has partnered with Marwadi Financial Services to offer 3 in 1 Savings account to customers? |
| A. | NSDL Payments Bank |
| B. | India Post Payments Bank |
| C. | Jio Payments Bank |
| D. | Fino Payments Bank |
| Answer» B. India Post Payments Bank | |
| 219. |
How many classifications are used by RBI to classify banks as Domestic Systemically Important Banks (D-SIBs)? |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 5 |
| Answer» E. | |
| 220. |
Which bank has been named as the best private bank in India in the recent Global Private Banking Awards 2021? |
| A. | HDFC bank |
| B. | Kotak Mahindra Bank |
| C. | ICICI Bank |
| D. | state Bank of India |
| Answer» B. Kotak Mahindra Bank | |
| 221. |
Reserve Bank of India has approved which Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS)? |
| A. | Paytm Payments Bank |
| B. | Fino Payments Bank |
| C. | Airtel Payments Bank |
| D. | Jio Payments Bank |
| Answer» C. Airtel Payments Bank | |
| 222. |
As per the data by NPCI, which bank was the largest recipient of the UPI transaction amount in the October-December quarter in 2021? |
| A. | Bank of Baroda |
| B. | State Bank of India |
| C. | Paytm Payments Bank |
| D. | Punjab National Bank |
| Answer» D. Punjab National Bank | |
| 223. |
Which bank was the biggest remitter of the UPI transaction amount in December 2021, as per the data by NPCI? |
| A. | State Bank of India |
| B. | HDFC Bank |
| C. | Bank of Baroda |
| D. | IndusInd Bank |
| Answer» B. HDFC Bank | |
| 224. |
Who has been appointed as the 'officer on special duty' in Punjab National Bank? |
| A. | Atul Kumar Goel |
| B. | A.S. Rajeev |
| C. | Shanti Lal Jain |
| D. | Mallikarjuna Rao |
| Answer» B. A.S. Rajeev | |
| 225. |
Which bank has won the right to sell Vijay Mallya's London home? |
| A. | UBS |
| B. | BFC |
| C. | ADIB |
| D. | CAF |
| Answer» B. BFC | |
| 226. |
Paisabazaar.com has launched a 'Paisa on Demand' credit card in partnership with which bank? |
| A. | HDFC Bank |
| B. | RBL Bank |
| C. | Axis Bank |
| D. | Kotak Mahindra Bank |
| Answer» C. Axis Bank | |
| 227. |
Which bank has partnered with Creditas Solutions to launch its 'Neo Collections' platform? |
| A. | ICICI Bank |
| B. | IndusInd Bank |
| C. | Canara Bank |
| D. | RBL Bank |
| Answer» E. | |
| 228. |
Which of the following banks has tied up with NSE Academy to start 5 online courses? |
| A. | Canara Bank |
| B. | Bank of Baroda |
| C. | NABARD |
| D. | State Bank Of India |
| Answer» E. | |
| 229. |
Which bank has won the digital transformation award 'DX 2021 Awards' by the CII? |
| A. | Karnataka Bank |
| B. | Axis |
| C. | ICICI |
| D. | HDFC |
| Answer» B. Axis | |
| 230. |
Which bank has become the second-largest merchant-acquisition bank in PoS machines with over two lakh card-swiping machines installed? |
| A. | Yes Bank |
| B. | Axis Bank |
| C. | Indusland Bank |
| D. | Bank of Baroda |
| Answer» C. Indusland Bank | |
| 231. |
Which bank raises Benchmark Lending Rate by 0.7 per cent? |
| A. | ADB |
| B. | PNB |
| C. | RBI |
| D. | SBI |
| Answer» E. | |
| 232. |
Which bank partnered with Remitly for secure and easy remittance to India? |
| A. | SBI |
| B. | PNB |
| C. | RBI |
| D. | BOB |
| Answer» B. PNB | |
| 233. |
Union Bank of India has inaugurated the 'Ethical Hacking Lab' at the Cyber Security Centre of Excellence (CCoE) in which city? |
| A. | Hyderabad |
| B. | New Delhi |
| C. | Kolkata |
| D. | Hapur |
| Answer» B. New Delhi | |
| 234. |
Which bank announced a $14 billion assistance to fight food insecurity in the Asia Pacific? |
| A. | ADB |
| B. | AIIB |
| C. | NDB |
| D. | World Bank |
| Answer» B. AIIB | |
| 235. |
Which bank & WAARE Collaborate to Finance Projects for Consumers & Channel Partners? |
| A. | SEBI |
| B. | RBI |
| C. | IRDAI |
| D. | SBI |
| Answer» E. | |
| 236. |
Which bank has become the first in India to issue an Electronic Bank Guarantee? |
| A. | Axis Bank |
| B. | ICICI Bank |
| C. | Yes Bank |
| D. | HDFC Bank |
| Answer» E. | |
| 237. |
Which bank has announced the debut of a branded home buyer ecosystem with "Open Doors" in partnership with Square Yards (an integrated real estate platform)? |
| A. | HDFC Bank |
| B. | Axis Bank |
| C. | IndusInd Bank |
| D. | ICICI Bank |
| Answer» C. IndusInd Bank | |
| 238. |
Which one is the first bank to issue an electronic bank guarantee? |
| A. | SBI |
| B. | HDFC |
| C. | ICICI |
| D. | RBI |
| Answer» C. ICICI | |
| 239. |
Which bank has signed an agreement with the NMDFC for the development of financial accounting software and mobile application? |
| A. | Yes Bank |
| B. | Axis Bank |
| C. | HDFC Bank |
| D. | ICICI Bank |
| Answer» E. | |
| 240. |
RBI's LRS, how much did Indian remit in the Q1FY23? |
| A. | $ 4.47 bn |
| B. | $ 6.04 bn |
| C. | $ 2.44 bn |
| D. | $ 10.81 bn |
| Answer» C. $ 2.44 bn | |
| 241. |
Which bank has opened its all-women branch in Kozhikode, north Kerala? |
| A. | HDFC Bank |
| B. | Yes Bank |
| C. | ICICI Bank |
| D. | Axis Bank |
| Answer» B. Yes Bank | |
| 242. |
Which bank has partnered with NPCI to launch RuPay credit cards? |
| A. | HDFC Bank |
| B. | Kotak Mahindra Bank |
| C. | ICICI Bank |
| D. | Yes Bank |
| Answer» D. Yes Bank | |
| 243. |
Which organization is working on a new "fraud registry", a reporting mechanism to blacklist scammers? |
| A. | Reserve Bank of India |
| B. | SIDBI |
| C. | Unique Identification Authority of India (UIDAI) |
| D. | SEBI |
| Answer» B. SIDBI | |
| 244. |
Federal Bank launched the pilot for digitalization of KCC lending in TN & MP with which bank? |
| A. | Bank of Baroda |
| B. | State Bank of India |
| C. | Kotak Mahindra Bank |
| D. | Union Bank of India |
| Answer» E. | |
| 245. |
Which bank to sell stressed assets worth Rs 48k cr to JC Flowers ARC, a US-based asset reconstruction company? |
| A. | Yes Bank |
| B. | HDFC Bank |
| C. | ICICI Bank |
| D. | Axis Bank |
| Answer» B. HDFC Bank | |
| 246. |
India's IFSCA tied up with which bank for fintech innovations? |
| A. | Bank of Maharashtra |
| B. | Central Bank of India |
| C. | Singapore Central Bank |
| D. | ADB |
| Answer» D. ADB | |
| 247. |
Ananth Narayan Gopalakrishnan has been appointed as the fourth whole-time member of which bank? |
| A. | SEBI |
| B. | NABARD |
| C. | NSE |
| D. | RBI |
| Answer» B. NABARD | |
| 248. |
Bank credit growth accelerated to how many percentages in the quarter that ended June 2022? |
| A. | 16.2% |
| B. | 13.7% |
| C. | 12.8% |
| D. | 14.2% |
| Answer» E. | |
| 249. |
Which bank launched Contactless Credit Card with the Indian Army? |
| A. | Bank of Baroda |
| B. | Canara Bank |
| C. | Bank of India |
| D. | HDFC Bank |
| Answer» B. Canara Bank | |
| 250. |
NMDFC signed an MoU with which bank for the development of banking software and apps? |
| A. | ICICI Bank |
| B. | Yes Bank |
| C. | HDFC Bank |
| D. | RBL Bank |
| Answer» B. Yes Bank | |