Banking And Financial Awareness Flashcards
Liberalised MSME AEO Package is a flagship scheme for MSME sector introduced by?
Central Board of Direct Tax
Who is heading the Working group formed by RBI to examine Lending Transaction via Online Portals?
Jayant Kumar Dash
Which from the following bank tied up with NIYO to issue a prepaid card to the blue collar workers of MSME?
ICICI Bank
YES Bank along with Aditya Birla Wellness launched two credit card named “YES BANK WELLNESS & “?
YES BANK WELLNESS PLUS
Which organization in Jan 2021 released the report titled “India set for slow medium-term recovery to around 6.5% for FY 23 - 26”?
FITCH
HQ - New York, USA
CEO - Paul Taylor
Who launcged YES MSME by YES Bank a proposition to strengthen MSMEs with speed and easy access to funs, knowledge partnership and digital solutions?
Nitin Gadkari
Which Indian state has vecome first in the country to transfer Power Subsidy through DBT?
Madhya Pradesh
“Insta FX App is a mobile application launched by which of the following banks ?
ICICI bank
It is a Forex Prepaid card hence InstaFX
Which company launched “Digital Acceleration for Small Business Microsite”?
Mastercard
To recover SMEs from pandemic and rum their businesses digitally.
Which bank launched credit card named “AURA” for its individual users?
AXIS BANK
Towards health and wellness benefits.
India Africa Trade Council 2021 inaugurated in which Indian City?
Chennai
Which company partnered with SBM Bank Limited to offer its client affordable funds to pay their children’s education fee in monthly payments?
GrayQuest - is a Education FinTech
SBM became the first foreign bank in India to operate as a new Indian bank
HQ - Mumbai
MD and CEO - Sidhart Rath
Which Indian state launched “Udyam Sarathi” mobile app to explore self-employment opportunities?
Uttar Pradesh
On occassion of 71st UP Formation Day - CM Yogi Adithyanath launched the app
Which Indian company launched “Krishi Sakha” app for Indian farmers ?
Bharti AXA General Insurance
Union cabinet increased the minimum support price for Corpa for 2021 season by Rs.
Rs.375
Now Copra price is at Rs.10,335 per quintal for 2021 season
Who won the Business Standard Banker of the year 2019-20?
Shyam Srinivasan - MD and CEO of Federal Bank
On January 2021, StashFin and SBM Bank jointly launched their co-branded prepaid card named “StanshFin SBM Card”. CEO of SBM Bank India Ltd.?
Sidharth Rath
StashFin- Singapore based neobanking startup. The cards will boost access to credit for underbanked consumers.
Theme of Davos Agenda 2021 is
A crucial year to Rebukld Trust
It is the 51st edition held by World Economic from Jan 25 - 29, 2021.
Forum HQ - Cologny, Switzerland
Founder and Executive Chairman - Klaus Schwab
Which Stock Exchange launched “Innovation Sandbox” portal for offline testing of application?
Bombay Stock Exchange - Asia’s first Exchange
It was established in 1875 as Native Share and Stock Broker’s Association.
Chairperson - Justice Vikramjit Sen
Reliance Jio becomes world’s 5th strongest brand globally as per Global 500, 2021. Who topped the list?
List is given by Brand Finance based in London, England.
Which state launched “Har Ghar Pani, Har Ghar Safai” mission?
Punjab
RBI in Feb 2021 appointed an external IT Firm to audit the entire IT infrastructure of which Private Sector Bank?
HDFC BANK
Federal bank launched “FedFirst” a special saving account for
Children
Federal Bank CEO - Shri Shyam Srinivasan
HQ - Aluva, Kerala
“Salute to caregivers - Ek Naya Nazariya” is a campaign for cancer survivors launched by?
Bharti AXA General INSURANCE
What is the theme of Literacy Week 2021 (Feb 8 -12) observed by RBI?
Credit Discipline and Credit from Financial Institution
NPCI launched the Global Hackathon “NPCI PayAuth Challenege” to find out the alternative for authentication of
UPI
With which bank IOCL signed first of its kind MoU for providing loans to its dealer for a sum of INR 2 Crore?
Punjab National Bank
In Feb 2021, with which country India settled $400 Million currency swap facility?
Sri Lanka
Which company launched “Corporate India Risk Index 2020”?
ICICI Lombard General Insurance Co. Ltd
Who is heading expert committee formulated by RBI for Strenghthening and Consolidating UCBs ( Urban Cooperative Banks) ?
N.S Vishwanathan
In Feb 2021, RBI has brought which bank under its regulatory preview?
State Bank of Sikkim
In Feb 2021, RBI has roped which Punjabi singer to drive its awareness campaign on cyber frauds?
Viruss
“Namma Chennai Smart Card” is a common payment card system launched by Greater Chennai Corporation & Chennai Smart City Limited in partnership which Indian Bank?
ICICI BANK
In Feb 2021, International Solar Alliance ( ISA) planned to launch World Solar Bank. HQ of ISA?
Gurugram, India
“RBI KEHTA HAI” to evaluate the impact of multu media public awareness campaign. In how many languages was it launched?
14
Acc to recent colending model guidelines, NBFCs are required to maintain how many shares of the individual loans on their books?
20%
With which bank did ICICI Prudential made a bancassurance partnership recently?
RBL Bank HQ - Mumbai
Which small finance bank introduced a 3-in-1 account on Dec 10?
Equitas SFB HQ - Chennai
Which bank tied up with OrbitRemit to facilitate money transfer from New Zealand to India?
Federal Bank HQ- Aluva, Kerala
ADB approved a loan of ……… amount to improve primary healthcare in India’s urban areas?
$300 Mn ADB HQ - Manila, Philippines
RBI allowed RTGS to be available 24/7 from Dec 14. What is RTGS?
Real Time Gross Settlement
RBI decided to set up ABPC in Jaipur. What is ABPC?
Automated Banknote Processing Centre
Exim bank in Dec 2020 extended a $448 Mn LOC to whom?
Uzbekistan
Which bank launched Premium Credit Card on Mastercard World Elite platform for high-net-worth individuals in Dec 2020?
YES Bank HQ- Mumbai
Which bank provided a 2.7 Mn Rupee grant to Haqdarshak, a tech social enterprise?
DBS Bank India Ltd.
Which bank launched “FX 4 U” for forex remittance via Internet Banking?
Canara Bank - Is a PSB, HQ- Bengaluru
Who was appointed by HDFC Bank as its Chief Risk Officer in Dec 2020?
Sanmoy Chakrabarti
RBI approved re-appointment of Uday Kotak as MD and CEO of Kotak Mahindra Bank. Who was re-appointed as bank’s joint MD?
Dipak Gupta
Aceware Fintech in association with ICICI (HQ- Mumbai) launched micro ATM Service in which state?
Kochi, Kerala
In Dec 2020, Ewire Softech launched a prepaid card in partnership with which banks?
YES Bank (HQ - Mumbai)
India’s premiere housing finance company that recently signed a MoU with Indian Green Building Council (IGBC) to promote green buildings?
HDFC Ltd.
Name the bank that launche ATM on Wheels, country’s first mobile ATM in 2002?
ICICI Bank
Which bank introduced e-credit card recently?
PNB HQ- New Delhi
Which bank introduced digital lending platform to provide paperless loans for retail customers?
Bank of Baroda HQ- Vadodara, Gujarat
Where is the HQ of AU SFB which recently partnered with ICICI Prudential Life to offer life insurance solutions?
Jaipur
Which bank brought a stake in Myclassboard Educational Solutions pvt ltd?
ICICI
ADB and GoI signed a $50 Mn loan to boost digital platforms for Public Finance Reforms in which state?
West Bengal
SBM (State Bank of Mauritius) Bank India in partnership with Finin launched Hyper- Personalized smart banking platform under which the bank issuess ……….. instantly?
A Savings account
Which has been designated as the implementing agency for digitalizing the SHGs under the MoU signed to extend concessional refinance facility with NABARD?
SBI (HQ- Mumbai)
RBI propsed to enhance the limit for contactless card transactions from Rs.2000 to Rs……….. from Jan 1, 2021?
Rs.5000
RBI allowed RRBs to access to which of the below options for better liquidity management?
Liquidity Management Facility,
Marginal Standing Facility,
Call/Notice Money Market.
DBS bank announced that it got Rs…….Crores as capital support from its parent bank for Laxmi Vilas Bank Merger?
Rs. 2500 Crore
ADB approved $190 Mn loan for upgradation of which city’s power distribution system?
Bengaluru
Which bank has recently launched the Loan management solution called “Lens-The Lending Solution”?
PNB
Which bank has recently launched the Loan management solution called “Lens-The Lending Solution”?
PNB
Which bank launched iMobile Pay - Country’s first app that provides payments and banking services for all?
ICICI Bank
Which section under RBI Act, 1934 defines NBFCs?
Section 45I
SBI recently signed MoU with ……. stock exchange to promote green finance?
Luxembourg
Internal Working Group panel of RBI suggested that minimum initial capital requirement for licensing new bank to be enhanced from Rs.500 Crore to ……..Crore?
Rs.1000 Crore
Which has tied up with PNB MetLife India Insurance, for its customers availing the Pradhan Mantri Jeevan Jyoti Yojana?
IPPB (India Post Payments Bank)
Which luxury automobile manufacturer got access to SBI’s HNI (High Net Worth Individual) Customer?
Mercedes - Benz
Which bank launched “The Employee Assistance Programme” to promote emotional well-being of its employees?
Bank of Baroda
“Mine” launched by ICICI Bank exclusively for Millenials is a …….
Savings account
Which SFB signed a corporate bank agreement witb CARE Health Insurance Company?
AU SFB (HQ- Jaipur)
Payments feature that is set to be rolled out by WhatsApp will be featured in how many Indian languages?
10 languages
Govt provided Rs.670 crore support to RRBs to meet regulatory capital. RRBs are require to meet a CRAR (Capital to Risk Asset Ratio) of how much % on an ongoing basis?
9%
Which bank launched a co-branded forex card with Vistara that can load upto 16 currencies?
Axis Bank (HQ - Mumbai)
Who has been appointed as chairman of SBI?
Dinesh Khara
Which bank will acquire shares in MeitY’s CSC e-governance services India Ltd. for 36.38 Crores?
Axis Bank
Which organization extended a loan of Rs.4767 crore to Mumbai Metropolitan Region Development Authority?
German based bank KFW
Finance Minister launched “MSME Prerana”, an online business mentoring programme for MSMEs by?
Indian Bank
Which has become the 1st Indian bank to introduce a debit card facility for customers availing Loan Against Security from Bank?
ICICI Bank
J.Venkatramu has been appointed as MD and CEO of India Post Payments Bank. IPPB (HQ - New Delhi) was launched in?
2018
Recently New Development Bank, NDB (formerly known as BRICS Bank) has approved infrastructure projects worth $741 Mn in India. Which country is not a member of NDB @ time of its establishment?
Singapore
Member countries are Brazil, Russia, India, China
EXIM Bank of India (HQ - Mumbai) extended a Line of Credit of $400 Mn soft loan to which nation to finance a connectivity project?
Maldives
Which bank in collaboration with Google Pay and Visa launched ACE Credit Card?
Axis Bank Ltd.
RBI discontinued system based automatic caution listing of exporters. Caution/De-caution listing of exporters was automated in which year?
2016
Which bank won “2020 Central Bank of the Year” award?
Bank of Ghana
CENTRAL BANK OF USA - FEDERAL RESERVE
Which bank signed an MoU with Ministry of Housing and Urban Affairs & SIDBI (HQ - Lucknow) for payment of subsidy to street vendors under centre’s SVANidhi scheme?
Indian Bank
Which of the banks CEO Rajkiran Rai has been appointed as chairman of Indian Banks’ Association?
Union Bank of India (HQ - Mumbai)
Karur Vyasya Bank (HQ - Karur, Tamil Nadu)
IDBI announced the launch of banking services on WhatsApp for its customers. HQ of IDBI?
Mumbai
Canara HSBC Oriental Bank of Commerce Life Insurance launched a new unit Linked Insurance plan titled …….
Invest 4G
Which bank has entered in MoU with Mahindra & Mahindra for Tractor finance?
Bank of Baroda
Which bank has tied up with Toyota Kirloskar Motor to enable finance options for the automaker’s customers & dealers?
Bank of Baroda
Acc to RBI, Housing Finance Companies should have to deploy how much % of their assets for providing finance for housing?
60%
What is the deadline set by RBI for firms to shift to one or more interoperable QR Codes?
March 31, 2021
RBI made 6 sectors eligible for deployment of funds availed under on tap TLTRO. What are these 6 sectors?
Agriculture agri-infrastructure Secured Retail MSME's Drugs Phramaceuticals & Healthcare
S Krishnan who was appointed as MD & CEO of Punjab and Sind bank replaced whom?
S Harishankar
Which bank in October, 2020 raised Rs.5000 crore by issuing Basel III compliant bonds?
SBI
Thrissur based CSB ( Catholic Serian Bank) Bank partnered with IIFL Finance for which of the loan origination?
Gold
SBI signed a loan agreement of united loan with JBIC (Japan Bank for International Cooperation) for how much amount?
$1 billion
Which bank has tied up with Visa to launch instant payouts for FinTechs to empower real time push payments powered by Visa Direct and enable instantaneous payouts through cards?
RBL Bank
IndusInd bank has gone live as an FIP under the new “ Account Aggregtor Framework” of RBI, making it the first bank in country to do so. FIP is?
Financial Information Provider
RuPay, RBL Bank rolled out RuPay PoS in collaboration with which FinTech company?
PayNearby
Which has launched a business insurance website to help SMEs safeguard business amid COVID-19?
ICICI Lombard
RBI has launched Digital Payments Index recently. What is its base period?
March 2018
ADB, India aigned $100 Mn sovereign loan to upgrade Bengaluru’s power distribution system recently. How much loan was offered without sovereign guarantee in the same MoU?
$90 Mn
Indian economy is expected to contract by 9.6% in FY 21 as per Global Economic Prospects Report. Who publishes this report?
World Bank
RBI announced that LEI is mandatory for large value transactions from April. LEI is?
Legal Entity Identifier
RBI operationalized PIDF (Payments Infrastructure Development Fund) scheme recently. Who is the chairman of advisory council as per the guidelines?
BP Kanungo
CMS Infosystems is to set up 3000 ATMs by March for SBI. What type of ATMs are these?
Brown Label ATMs