Banking And Financial Awareness Flashcards

1
Q

Liberalised MSME AEO Package is a flagship scheme for MSME sector introduced by?

A

Central Board of Direct Tax

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2
Q

Who is heading the Working group formed by RBI to examine Lending Transaction via Online Portals?

A

Jayant Kumar Dash

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3
Q

Which from the following bank tied up with NIYO to issue a prepaid card to the blue collar workers of MSME?

A

ICICI Bank

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4
Q

YES Bank along with Aditya Birla Wellness launched two credit card named “YES BANK WELLNESS & “?

A

YES BANK WELLNESS PLUS

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5
Q

Which organization in Jan 2021 released the report titled “India set for slow medium-term recovery to around 6.5% for FY 23 - 26”?

A

FITCH
HQ - New York, USA
CEO - Paul Taylor

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6
Q

Who launcged YES MSME by YES Bank a proposition to strengthen MSMEs with speed and easy access to funs, knowledge partnership and digital solutions?

A

Nitin Gadkari

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7
Q

Which Indian state has vecome first in the country to transfer Power Subsidy through DBT?

A

Madhya Pradesh

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8
Q

“Insta FX App is a mobile application launched by which of the following banks ?

A

ICICI bank

It is a Forex Prepaid card hence InstaFX

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9
Q

Which company launched “Digital Acceleration for Small Business Microsite”?

A

Mastercard

To recover SMEs from pandemic and rum their businesses digitally.

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10
Q

Which bank launched credit card named “AURA” for its individual users?

A

AXIS BANK

Towards health and wellness benefits.

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11
Q

India Africa Trade Council 2021 inaugurated in which Indian City?

A

Chennai

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12
Q

Which company partnered with SBM Bank Limited to offer its client affordable funds to pay their children’s education fee in monthly payments?

A

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

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13
Q

Which Indian state launched “Udyam Sarathi” mobile app to explore self-employment opportunities?

A

Uttar Pradesh

On occassion of 71st UP Formation Day - CM Yogi Adithyanath launched the app

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14
Q

Which Indian company launched “Krishi Sakha” app for Indian farmers ?

A

Bharti AXA General Insurance

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15
Q

Union cabinet increased the minimum support price for Corpa for 2021 season by Rs.

A

Rs.375

Now Copra price is at Rs.10,335 per quintal for 2021 season

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16
Q

Who won the Business Standard Banker of the year 2019-20?

A

Shyam Srinivasan - MD and CEO of Federal Bank

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17
Q

On January 2021, StashFin and SBM Bank jointly launched their co-branded prepaid card named “StanshFin SBM Card”. CEO of SBM Bank India Ltd.?

A

Sidharth Rath

StashFin- Singapore based neobanking startup. The cards will boost access to credit for underbanked consumers.

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18
Q

Theme of Davos Agenda 2021 is

A

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

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19
Q

Which Stock Exchange launched “Innovation Sandbox” portal for offline testing of application?

A

Bombay Stock Exchange - Asia’s first Exchange

It was established in 1875 as Native Share and Stock Broker’s Association.

Chairperson - Justice Vikramjit Sen

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20
Q

Reliance Jio becomes world’s 5th strongest brand globally as per Global 500, 2021. Who topped the list?

A

WeChat

List is given by Brand Finance based in London, England.

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21
Q

Which state launched “Har Ghar Pani, Har Ghar Safai” mission?

A

Punjab

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22
Q

RBI in Feb 2021 appointed an external IT Firm to audit the entire IT infrastructure of which Private Sector Bank?

A

HDFC BANK

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23
Q

Federal bank launched “FedFirst” a special saving account for

A

Children

Federal Bank CEO - Shri Shyam Srinivasan
HQ - Aluva, Kerala

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24
Q

“Salute to caregivers - Ek Naya Nazariya” is a campaign for cancer survivors launched by?

A

Bharti AXA General INSURANCE

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25
Q

What is the theme of Literacy Week 2021 (Feb 8 -12) observed by RBI?

A

Credit Discipline and Credit from Financial Institution

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26
Q

NPCI launched the Global Hackathon “NPCI PayAuth Challenege” to find out the alternative for authentication of

A

UPI

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27
Q

With which bank IOCL signed first of its kind MoU for providing loans to its dealer for a sum of INR 2 Crore?

A

Punjab National Bank

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28
Q

In Feb 2021, with which country India settled $400 Million currency swap facility?

A

Sri Lanka

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29
Q

Which company launched “Corporate India Risk Index 2020”?

A

ICICI Lombard General Insurance Co. Ltd

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30
Q

Who is heading expert committee formulated by RBI for Strenghthening and Consolidating UCBs ( Urban Cooperative Banks) ?

A

N.S Vishwanathan

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31
Q

In Feb 2021, RBI has brought which bank under its regulatory preview?

A

State Bank of Sikkim

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32
Q

In Feb 2021, RBI has roped which Punjabi singer to drive its awareness campaign on cyber frauds?

A

Viruss

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33
Q

“Namma Chennai Smart Card” is a common payment card system launched by Greater Chennai Corporation & Chennai Smart City Limited in partnership which Indian Bank?

A

ICICI BANK

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34
Q

In Feb 2021, International Solar Alliance ( ISA) planned to launch World Solar Bank. HQ of ISA?

A

Gurugram, India

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35
Q

“RBI KEHTA HAI” to evaluate the impact of multu media public awareness campaign. In how many languages was it launched?

A

14

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36
Q

Acc to recent colending model guidelines, NBFCs are required to maintain how many shares of the individual loans on their books?

A

20%

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37
Q

With which bank did ICICI Prudential made a bancassurance partnership recently?

A

RBL Bank HQ - Mumbai

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38
Q

Which small finance bank introduced a 3-in-1 account on Dec 10?

A

Equitas SFB HQ - Chennai

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39
Q

Which bank tied up with OrbitRemit to facilitate money transfer from New Zealand to India?

A

Federal Bank HQ- Aluva, Kerala

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40
Q

ADB approved a loan of ……… amount to improve primary healthcare in India’s urban areas?

A

$300 Mn ADB HQ - Manila, Philippines

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41
Q

RBI allowed RTGS to be available 24/7 from Dec 14. What is RTGS?

A

Real Time Gross Settlement

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42
Q

RBI decided to set up ABPC in Jaipur. What is ABPC?

A

Automated Banknote Processing Centre

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43
Q

Exim bank in Dec 2020 extended a $448 Mn LOC to whom?

A

Uzbekistan

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44
Q

Which bank launched Premium Credit Card on Mastercard World Elite platform for high-net-worth individuals in Dec 2020?

A

YES Bank HQ- Mumbai

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45
Q

Which bank provided a 2.7 Mn Rupee grant to Haqdarshak, a tech social enterprise?

A

DBS Bank India Ltd.

46
Q

Which bank launched “FX 4 U” for forex remittance via Internet Banking?

A

Canara Bank - Is a PSB, HQ- Bengaluru

47
Q

Who was appointed by HDFC Bank as its Chief Risk Officer in Dec 2020?

A

Sanmoy Chakrabarti

48
Q

RBI approved re-appointment of Uday Kotak as MD and CEO of Kotak Mahindra Bank. Who was re-appointed as bank’s joint MD?

A

Dipak Gupta

49
Q

Aceware Fintech in association with ICICI (HQ- Mumbai) launched micro ATM Service in which state?

A

Kochi, Kerala

50
Q

In Dec 2020, Ewire Softech launched a prepaid card in partnership with which banks?

A

YES Bank (HQ - Mumbai)

51
Q

India’s premiere housing finance company that recently signed a MoU with Indian Green Building Council (IGBC) to promote green buildings?

A

HDFC Ltd.

52
Q

Name the bank that launche ATM on Wheels, country’s first mobile ATM in 2002?

A

ICICI Bank

53
Q

Which bank introduced e-credit card recently?

A

PNB HQ- New Delhi

54
Q

Which bank introduced digital lending platform to provide paperless loans for retail customers?

A

Bank of Baroda HQ- Vadodara, Gujarat

55
Q

Where is the HQ of AU SFB which recently partnered with ICICI Prudential Life to offer life insurance solutions?

A

Jaipur

56
Q

Which bank brought a stake in Myclassboard Educational Solutions pvt ltd?

A

ICICI

57
Q

ADB and GoI signed a $50 Mn loan to boost digital platforms for Public Finance Reforms in which state?

A

West Bengal

58
Q

SBM (State Bank of Mauritius) Bank India in partnership with Finin launched Hyper- Personalized smart banking platform under which the bank issuess ……….. instantly?

A

A Savings account

59
Q

Which has been designated as the implementing agency for digitalizing the SHGs under the MoU signed to extend concessional refinance facility with NABARD?

A

SBI (HQ- Mumbai)

60
Q

RBI propsed to enhance the limit for contactless card transactions from Rs.2000 to Rs……….. from Jan 1, 2021?

A

Rs.5000

61
Q

RBI allowed RRBs to access to which of the below options for better liquidity management?

A

Liquidity Management Facility,
Marginal Standing Facility,
Call/Notice Money Market.

62
Q

DBS bank announced that it got Rs…….Crores as capital support from its parent bank for Laxmi Vilas Bank Merger?

A

Rs. 2500 Crore

63
Q

ADB approved $190 Mn loan for upgradation of which city’s power distribution system?

A

Bengaluru

64
Q

Which bank has recently launched the Loan management solution called “Lens-The Lending Solution”?

A

PNB

64
Q

Which bank has recently launched the Loan management solution called “Lens-The Lending Solution”?

A

PNB

65
Q

Which bank launched iMobile Pay - Country’s first app that provides payments and banking services for all?

A

ICICI Bank

66
Q

Which section under RBI Act, 1934 defines NBFCs?

A

Section 45I

67
Q

SBI recently signed MoU with ……. stock exchange to promote green finance?

A

Luxembourg

68
Q

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?

A

Rs.1000 Crore

69
Q

Which has tied up with PNB MetLife India Insurance, for its customers availing the Pradhan Mantri Jeevan Jyoti Yojana?

A

IPPB (India Post Payments Bank)

70
Q

Which luxury automobile manufacturer got access to SBI’s HNI (High Net Worth Individual) Customer?

A

Mercedes - Benz

71
Q

Which bank launched “The Employee Assistance Programme” to promote emotional well-being of its employees?

A

Bank of Baroda

72
Q

“Mine” launched by ICICI Bank exclusively for Millenials is a …….

A

Savings account

73
Q

Which SFB signed a corporate bank agreement witb CARE Health Insurance Company?

A

AU SFB (HQ- Jaipur)

74
Q

Payments feature that is set to be rolled out by WhatsApp will be featured in how many Indian languages?

A

10 languages

75
Q

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?

A

9%

76
Q

Which bank launched a co-branded forex card with Vistara that can load upto 16 currencies?

A

Axis Bank (HQ - Mumbai)

77
Q

Who has been appointed as chairman of SBI?

A

Dinesh Khara

78
Q

Which bank will acquire shares in MeitY’s CSC e-governance services India Ltd. for 36.38 Crores?

A

Axis Bank

79
Q

Which organization extended a loan of Rs.4767 crore to Mumbai Metropolitan Region Development Authority?

A

German based bank KFW

80
Q

Finance Minister launched “MSME Prerana”, an online business mentoring programme for MSMEs by?

A

Indian Bank

81
Q

Which has become the 1st Indian bank to introduce a debit card facility for customers availing Loan Against Security from Bank?

A

ICICI Bank

82
Q

J.Venkatramu has been appointed as MD and CEO of India Post Payments Bank. IPPB (HQ - New Delhi) was launched in?

A

2018

83
Q

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?

A

Singapore

Member countries are Brazil, Russia, India, China

84
Q

EXIM Bank of India (HQ - Mumbai) extended a Line of Credit of $400 Mn soft loan to which nation to finance a connectivity project?

A

Maldives

85
Q

Which bank in collaboration with Google Pay and Visa launched ACE Credit Card?

A

Axis Bank Ltd.

86
Q

RBI discontinued system based automatic caution listing of exporters. Caution/De-caution listing of exporters was automated in which year?

A

2016

87
Q

Which bank won “2020 Central Bank of the Year” award?

A

Bank of Ghana

CENTRAL BANK OF USA - FEDERAL RESERVE

88
Q

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?

A

Indian Bank

89
Q

Which of the banks CEO Rajkiran Rai has been appointed as chairman of Indian Banks’ Association?

A

Union Bank of India (HQ - Mumbai)

Karur Vyasya Bank (HQ - Karur, Tamil Nadu)

90
Q

IDBI announced the launch of banking services on WhatsApp for its customers. HQ of IDBI?

A

Mumbai

91
Q

Canara HSBC Oriental Bank of Commerce Life Insurance launched a new unit Linked Insurance plan titled …….

A

Invest 4G

92
Q

Which bank has entered in MoU with Mahindra & Mahindra for Tractor finance?

A

Bank of Baroda

93
Q

Which bank has tied up with Toyota Kirloskar Motor to enable finance options for the automaker’s customers & dealers?

A

Bank of Baroda

94
Q

Acc to RBI, Housing Finance Companies should have to deploy how much % of their assets for providing finance for housing?

A

60%

95
Q

What is the deadline set by RBI for firms to shift to one or more interoperable QR Codes?

A

March 31, 2021

96
Q

RBI made 6 sectors eligible for deployment of funds availed under on tap TLTRO. What are these 6 sectors?

A
Agriculture agri-infrastructure
Secured Retail
MSME's
Drugs
Phramaceuticals & 
Healthcare
97
Q

S Krishnan who was appointed as MD & CEO of Punjab and Sind bank replaced whom?

A

S Harishankar

98
Q

Which bank in October, 2020 raised Rs.5000 crore by issuing Basel III compliant bonds?

A

SBI

99
Q

Thrissur based CSB ( Catholic Serian Bank) Bank partnered with IIFL Finance for which of the loan origination?

A

Gold

100
Q

SBI signed a loan agreement of united loan with JBIC (Japan Bank for International Cooperation) for how much amount?

A

$1 billion

101
Q

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?

A

RBL Bank

102
Q

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?

A

Financial Information Provider

103
Q

RuPay, RBL Bank rolled out RuPay PoS in collaboration with which FinTech company?

A

PayNearby

104
Q

Which has launched a business insurance website to help SMEs safeguard business amid COVID-19?

A

ICICI Lombard

105
Q

RBI has launched Digital Payments Index recently. What is its base period?

A

March 2018

106
Q

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?

A

$90 Mn

107
Q

Indian economy is expected to contract by 9.6% in FY 21 as per Global Economic Prospects Report. Who publishes this report?

A

World Bank

108
Q

RBI announced that LEI is mandatory for large value transactions from April. LEI is?

A

Legal Entity Identifier

109
Q

RBI operationalized PIDF (Payments Infrastructure Development Fund) scheme recently. Who is the chairman of advisory council as per the guidelines?

A

BP Kanungo

110
Q

CMS Infosystems is to set up 3000 ATMs by March for SBI. What type of ATMs are these?

A

Brown Label ATMs