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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.
| 2551. |
Which bank has launched digital banking solutions for its corporate customers named SmartServe? |
| A. | IDBI Bank |
| B. | HSBC |
| C. | DBS Bank |
| D. | ICICI Bank |
| Answer» C. DBS Bank | |
| 2552. |
What shall be the maximum limit of cash-withdrawal per transaction in Full KYC PPI issued by non-Bank PPI issuers? |
| A. | Rs 5000 |
| B. | Rs 4000 |
| C. | Rs 2000 |
| D. | Rs 3000 |
| Answer» D. Rs 3000 | |
| 2553. |
What is the maximum amount outstanding in respect of full-KYC PPIs as set by RBI? |
| A. | Rs 5 lakh |
| B. | Rs 1 lakh |
| C. | Rs 3 lakh |
| D. | Rs 2 lakh |
| Answer» E. | |
| 2554. |
The IRDAI Slapped Rs 24 Lakh Penalty on which company for Violating Advertisement Norm? |
| A. | ICICI |
| B. | Paisabazaar |
| C. | Policybazaar |
| D. | HDFC |
| Answer» D. HDFC | |
| 2555. |
Which bank has partnered with the AI startup HyperVerge for a Video Banking solution? |
| A. | Punjab National Bank |
| B. | State Bank of India |
| C. | HDFC Bank |
| D. | ICICI Bank |
| Answer» C. HDFC Bank | |
| 2556. |
As per RBI, what will be the maximum limit of cash withdrawal per transaction via Pos machine? |
| A. | Rs 2000 |
| B. | Rs 1000 |
| C. | Rs 3000 |
| D. | Rs 4000 |
| Answer» B. Rs 1000 | |
| 2557. |
How much amount will RBI transfer to Central Government as surplus for FY21? |
| A. | Rs 88,100 crore |
| B. | Rs 99,122 crore |
| C. | Rs 110,000 crore |
| D. | Rs 77,511 crore |
| Answer» C. Rs 110,000 crore | |
| 2558. |
Which bank has launched the digital platform 'Merchant Stack' to provide banking services to retail merchants? |
| A. | SBI |
| B. | ICICI Bank |
| C. | DBS Bank |
| D. | BOI |
| Answer» C. DBS Bank | |
| 2559. |
Which bank has launched the digital LPS for MSME and Agri Products? |
| A. | BOI |
| B. | YES Bank |
| C. | SBI |
| D. | IDBI Bank |
| Answer» E. | |
| 2560. |
The RBI has cancelled the license of United cooperative Bank Limited based in which state? |
| A. | Kerala |
| B. | Maharashtra |
| C. | West Bengal |
| D. | Uttar Pradesh |
| Answer» D. Uttar Pradesh | |
| 2561. |
The Institute for Development and Research in Banking Technology is managed by which organization? |
| A. | RBI |
| B. | SEBI |
| C. | SBI |
| D. | NPCI |
| Answer» B. SEBI | |
| 2562. |
The HDFC Bank has predicted the GDP growth rate of India for FY22 at how much percent? |
| A. | 8% |
| B. | 11% |
| C. | 9% |
| D. | 10% |
| Answer» E. | |
| 2563. |
The DigiGold is a digital platform to enable investments in gold through digital mode. The platform has been launched by which bank? |
| A. | SBI |
| B. | Airtel Payments Bank |
| C. | ICICI Bank |
| D. | Kotak Mahindra Bank |
| Answer» C. ICICI Bank | |
| 2564. |
The HDFC Bank has cut India's growth projection to how much percent for FY22? |
| A. | 10.0% |
| B. | 11.2% |
| C. | 9.5% |
| D. | 9.9% |
| Answer» B. 11.2% | |
| 2565. |
Indranil Pan has appointed as the chief economist of which bank? |
| A. | IDBI Bank |
| B. | Yes Bank |
| C. | HDFC Bank |
| D. | RBL Bank |
| Answer» C. HDFC Bank | |
| 2566. |
Which bank has acquired a 10% stake in CSC Grameen e-Store? |
| A. | IDBI Bank |
| B. | HDFC Bank |
| C. | RBL Bank |
| D. | ICICI Bank |
| Answer» C. RBL Bank | |
| 2567. |
Which bank announced the launch of the "I choose my number" feature for all its customers across India? |
| A. | Jana Small Finance Bank |
| B. | Fincare Payments Bank |
| C. | Paytm Payments Bank |
| D. | ICICI Bank |
| Answer» B. Fincare Payments Bank | |
| 2568. |
Which bank has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the UAE? |
| A. | ICICI Bank |
| B. | RBL Bank |
| C. | HDFC Bank |
| D. | Federal Bank |
| Answer» E. | |
| 2569. |
Which bank has bagged five awards under various campaigns held for enrolment of Atal Pension Yojana from the PFRDA? |
| A. | Aryavrat Bank |
| B. | Baroda UP Bank |
| C. | Karnataka Vikas Gramin Bank |
| D. | Pratham Bank |
| Answer» D. Pratham Bank | |
| 2570. |
Which bank has launched the AI-based chatbot 'Eva' in partnership with Common Services Centres? |
| A. | Axis Bank |
| B. | ICICI Bank |
| C. | Yes Bank |
| D. | HDFC Bank |
| Answer» E. | |
| 2571. |
Which company got authorization for the RBI for issuance and operation of semi-closed prepaid payment instruments with perpetual validity? |
| A. | Mobikwik |
| B. | Airtel Payments Bank |
| C. | Bajaj Finance |
| D. | Paytm |
| Answer» D. Paytm | |
| 2572. |
The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The Lakshmi Vilas Bank was merged with which bank? |
| A. | Citibank |
| B. | DBS Bank India Ltd |
| C. | United Overseas Bank |
| D. | HSBC Bank |
| Answer» C. United Overseas Bank | |
| 2573. |
The RBI has constituted a committee to assist the RRA 2.0 to streamline regulations and reduce the compliance burden of regulated entities. Who will head the committee? |
| A. | Viral Achrya |
| B. | S Janakiraman |
| C. | T Rabi Shankar |
| D. | Mahesh Kumar |
| Answer» C. T Rabi Shankar | |
| 2574. |
Which of the following bank selected as a digital payments partner by the National Agriculture Market? |
| A. | Axis Bank |
| B. | Yes Bank |
| C. | Kotak Mahindra Bank |
| D. | ICICI Bank |
| Answer» D. ICICI Bank | |
| 2575. |
What amount of liquidity support has been announced by the RBI for the small finance banks under a special long-term repo operations to lend to MFIs amid COVID-19 crises? |
| A. | Rs 12,000 crore |
| B. | Rs 20,000 crore |
| C. | Rs 10,000 crore |
| D. | Rs 15,000 crore |
| Answer» D. Rs 15,000 crore | |
| 2576. |
The RBI has imposed a monetary penalty of Rs.3 crore on which bank? |
| A. | ICICI Bank |
| B. | SBI |
| C. | YES Bank |
| D. | DBS Bank |
| Answer» B. SBI | |
| 2577. |
How much amount has been allocated by the RBI towards special on-tap liquidity facility announced for banks to the second wave of Covid-19? |
| A. | Rs 70,000 crore |
| B. | Rs 50,000 crore |
| C. | Rs 25,000 crore |
| D. | Rs 45,000 crore |
| Answer» C. Rs 25,000 crore | |
| 2578. |
The RBI has imposed a penalty of how much amount on ICICI Bank for violating prudential norms in the matter of shifting of securities from one category to another? |
| A. | Rs 3 crore |
| B. | Rs 8 crore |
| C. | Rs 2 crore |
| D. | Rs 1 crore |
| Answer» B. Rs 8 crore | |
| 2579. |
The finance ministry has decided to give how much amount to States as interest-free 50-year loan for spending on capital projects? |
| A. | Rs.15000 cr |
| B. | Rs.16000 cr |
| C. | Rs.11000 cr |
| D. | Rs.12000 cr |
| Answer» B. Rs.16000 cr | |
| 2580. |
Axis Bank Board classified which company as a 'public shareholder' of Axis Bank from being a 'promoter'? |
| A. | UIICL |
| B. | NICL |
| C. | NIACL |
| D. | AICL |
| Answer» D. AICL | |
| 2581. |
Which bank has launched the digital and contactless banking platform Merchant Stack? |
| A. | YES Bank |
| B. | SBI Bank |
| C. | ICICI Bank |
| D. | BOI |
| Answer» D. BOI | |
| 2582. |
As per the latest instruction issued by RBI, what is the cap imposed on the tenure that an incumbent MD/CEO or a Whole-time Director of a private sector bank can have? |
| A. | 12 years |
| B. | 10 years |
| C. | 15 years |
| D. | 20 years |
| Answer» D. 20 years | |
| 2583. |
The New development Bank has issued how much amount of benchmark bond? |
| A. | 1 billion |
| B. | 1.7 billion |
| C. | 1.5 billion |
| D. | 2.0 billion |
| Answer» D. 2.0 billion | |
| 2584. |
Mastercard and which bank has come together to launch the Worlds 1st QR on Card Program ConQR? |
| A. | Central Bank of India |
| B. | Allahabad Bank |
| C. | Bank of India |
| D. | Bank of Baroda |
| Answer» E. | |
| 2585. |
RBI has approved the appointment of Atanu Chakraborty as the part-time Chairman of which bank? |
| A. | ICICI Bank |
| B. | Axis Bank |
| C. | Kotak Mahindra Bank |
| D. | HDFC Bank |
| Answer» E. | |
| 2586. |
RBI has allowed banks to pay dividends on equity shares for FY21 up to a maximum of what percent of the prescribed dividend payout ratio? |
| A. | 40% |
| B. | 50% |
| C. | 75% |
| D. | 25% |
| Answer» C. 75% | |
| 2587. |
What is the revised GDP growth rate projection for India in FY22 by SBI Research? |
| A. | 10.4% |
| B. | 9.5% |
| C. | 11% |
| D. | 12% |
| Answer» B. 9.5% | |
| 2588. |
Which payment bank has become the 1st to enable Rs.2 lakh day end balance account limit? |
| A. | Paytm |
| B. | Airtel |
| C. | Fino |
| D. | India Post |
| Answer» C. Fino | |
| 2589. |
Centre has cleared how much advance payment to Serum Institute and Bharat Biotech without bank guarantee? |
| A. | Rs 2800 crore |
| B. | Rs 4500 crore |
| C. | Rs 3000 crore |
| D. | Rs 5000 crore |
| Answer» C. Rs 3000 crore | |
| 2590. |
Which bank announced to exit operations from India and 12 other countries? |
| A. | Citi Bank |
| B. | Federal Bank |
| C. | DBS Bank |
| D. | Nainital Bank |
| Answer» B. Federal Bank | |
| 2591. |
Murali M. Natrajan has been re-appointed as the Managing Director & CEO of which bank? |
| A. | Axis Bank |
| B. | Karur Vysya Bank |
| C. | DCB Bank |
| D. | IndusInd bank |
| Answer» D. IndusInd bank | |
| 2592. |
Which bank executed its first trade borrowing transaction linked to SOFR? |
| A. | ICICI Bank |
| B. | Karnataka Bank |
| C. | Yes Bank |
| D. | Axis Bank |
| Answer» D. Axis Bank | |
| 2593. |
The 'Pay by Bank App' has been launched by which bank in partnership with Mastercard? |
| A. | DCB Bank |
| B. | Axis bank |
| C. | IndusInd Bank |
| D. | RBL Bank |
| Answer» E. | |
| 2594. |
SwitchON Foundation has partnered with which bank for the promotion of solar pumps? |
| A. | State Bank of India |
| B. | Canara Bank |
| C. | Bank of Baroda |
| D. | Punjab National Bank |
| Answer» E. | |
| 2595. |
Which organization has rolled out Rs. 10,000-crore 'Special Refinance Facility-2021' (SRF-2021) to provide short-term refinance support to housing finance companies (HFCs)? |
| A. | NHB |
| B. | RBI |
| C. | SEBI |
| D. | NABARD |
| Answer» B. RBI | |
| 2596. |
IRDAI has notified the extension of its sandbox regulations by how many years? |
| A. | 3 years |
| B. | 2 years |
| C. | 4 years |
| D. | 5 years |
| Answer» C. 4 years | |
| 2597. |
Which bank will raise up to Rs 50,000 crore during the next 12 months through issuing bonds? |
| A. | HDFC |
| B. | SBI |
| C. | PNB |
| D. | IFSC |
| Answer» B. SBI | |
| 2598. |
Which Indian financial body has announced to set up Regulations Review Authority (RRA 2.0) from May 01, 2021, for one year? |
| A. | RBI |
| B. | IRDAI |
| C. | SEBI |
| D. | SIDBI |
| Answer» B. IRDAI | |
| 2599. |
The Axis Bank and its subsidiaries have recently acquired what percent of stake in the Max Life Insurance Company to become its co-promoters? |
| A. | 11.55% |
| B. | 15.11% |
| C. | 12.99% |
| D. | 14% |
| Answer» D. 14% | |
| 2600. |
The 'Rewards123' is a digital Savings account launched by which bank? |
| A. | AU Small Finance Bank |
| B. | HDFC Bank |
| C. | Airtel Payments Bank |
| D. | State Bank of India |
| Answer» D. State Bank of India | |