Banking aug Flashcards
Q. How many times RBI Governor Shaktikanta Das has been rated A+ by the Central Banker Report Card for his performance? A) three B) twice C) four D) five
Answer : B
Q. Which is the top-ranked Indian company in the 2024 Fortune Global 500 list? A) Life Insurance Corporation (LIC) B) State Bank of India (SBI) C) Indian Oil Corporation (IOC) D) Reliance Industries Limited (RIL)
Answer : D
Q. Which company has been ranked as Number 1 in the 2024 Fortune Global 500 list? A) Walmart B) Amazon C) Apple D) Saudi Aramco
Answer : A
Q. Which Indian company has been included in the 2024 Fortune Global 500 list for the first time? A) ICICI Bank B) Rajesh Export C) Tata Motors D) HDFC Bank
Answer : D
Q. With reference to the Mahila Samman Savings Certificate (MSSC) Scheme, consider the following statements: 1. The scheme offers a maximum deposit facility of up to Rs 5 lakh in the name of women or girls. 2. The maturity period is 2 years and partial withdrawal is not allowed under the scheme. 3. There is a provision for multiple account opening under this scheme. How many of the statements given above are correct? A) Only one B) Only two C) All three D) None
Answer : A
Q. UGRO Capital, a data-tech non-banking financial company (NBFC) has entered into a co-lending partnership with which institution for lending to micro, small and medium enterprises (MSMEs)? A) SEBI B) SIDBI C) NABARD D) Exim Bank
Answer : B
Q. Who has been appointed as the Managing Director of the National Housing Bank? A) Mallikarjuna Rao B) Sanjiv Chadha C) Sanjay Shukla D) Lingan Venkat Prabhakr
Answer : C
Q. Which financial institutions has pledged a $200 million loan to improve solid waste management and sanitation in 100 cities across eight Indian states? A) World Bank B) ADB C) AIIB D) IMF
Answer : B
Q. With reference to the Agriculture Infrastructure Fund (AIF) Scheme, consider the following statements: 1. It provides medium- to long-term debt financing facilities for investment in viable projects for postharvest management infrastructure and community farming assets. 2. It is mandatory for borrowers to contribute at least 50% of the total project cost under the scheme. 3. Credit guarantee coverage will be available for eligible borrowers from this financing facility. How many of the statements given above are correct? A) Only 1&2 B) Only 1&3 C) All three D) None
Answer : B
Q. Consider the following statements regarding the Pradhan Mantri Jan Dhan Yojana: 1. The applicant should be an Indian citizen between 18 and 59 years old to open a Jan Dhan Account. 2. The government has recently decided to close the scheme as almost 100% of Indians have got banking access. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : A
Q. The Pradhan Mantri Jan Dhan Yojana (PMJDY) observed its 10th anniversary on which date? A) 28 August 2024 B) 29 August 2024 C) 30 August 2024 D) 27 August 2024
Answer : A
Q. What is the minimum duration of central government employment under the Unified Pension Scheme to get the benefit of Pension? A) 10 years B) 12 years C) 15 years D) 20 years
Answer : A
Q. Consider the following statements regarding the Pradhan Mantri Mudra Yojana, a flagship initiative to provide affordable credit to micro and small enterprises: 1. The borrowers can avail loans from Non-Banking Financial Companies also, under this scheme. 2. The minimum amount of loan that a borrower can get under the scheme is Rs. 50000. 3. There is no direct subsidy under this scheme. 4. The maximum amount of loan that a borrower can get under the scheme is Rs. 10 lakhs. Which of the above statements are correct? A) 1 and 2 only B) 3 and 4 only C) 1, 2 and 3 only D) 2, 3 and 4 only
Answer : C
Q. With reference to the Unified Pension Scheme, consider the following statements: 1. It promises to government employees a guaranteed lifelong monthly pension. 2. There is a provision of minimum pension of ₹10,000 per month for those who complete at least 10 years of central government service. 3. The scheme is non-contributory like the OPS, which will put a burden on the Government’s exchequer. 4. Employees do not have the option to switch from NPS to UPS. Which of the above statements are correct? A) 1 and 2 only B) 2 and 3 only C) 1, 3 and 4 only D) 2, 3 and 4 only
Answer : A
Q. Tata Power Solar Systems Ltd (TPSSL) has signed an agreement with which bank to provide financing for solar units to residential and corporate customers A) ICICI Bank B) HDFC Bank C) UCO Bank D) Yes Bank
Answer : A
Q. Which bank has entered into a co-lending partnership with Newtap Finance Private Limited to provide personalised financing solutions for creditworthy individuals on payments platform CRED? A) Axis Bank B) ICICI Bank C) HDFC Bank D) Yes Bank
Answer : D
Q. Who has been appointed as the 27th chairman of the State Bank of India? A) Subir Gokarn B) Kamalesh Chandra Chakrabarty C) M Rajeshwar Rao D) Challa Sreenivasulu Setty
Answer : D
Q. Which e-commerce company has launched its artificial intelligence (AI)-powered shopping assistant ‘Rufus’ in India? A) Flipkart B) Amazon India C) Snapdeal D) Tata Neu
Answer : B
Q. Which of the following best describes Finternet, recently in the news? A) It is a technology to search outer planets. B) It is a new financial management system developed by the World Bank. C) It is an optical fiber technology to connect Gram Panchayats in India. D) It is multiple financial ecosystems interconnected with each other
Answer : D
Q. Consider the following statements regarding the Unified Payments Interface (UPI) block mechanism: 1. It is a facility that allows trading with blocked amounts similar to the Application Supported by Blocked Amount system. 2. It helps clients to trade in the secondary market based on blocked funds in their bank accounts. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. Who has been appointed as the 33rd Cabinet Secretary of the Government of India? A) Govind Mohan B) TV Somanathan C) Ajay Kumar Bhalla D) Pramod Kumar Mishra
Answer : B
Q. Who organised the Global Conference on Digital Public Infrastructure and Emerging Technologies 2024? A) RBI B) SEBI C) NPCI D) CCI
Answer : A
Q. Consider the following statements regarding Payment Passkey Service: 1. It uses device-based biometric authentication methods like fingerprints. 2. It provides a non-OTP-based solution for transaction management Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. Consumer payments and lending company Slice received approval from the National Company Law Tribunal (NCLT) for its merger with which small finance bank A) Capital Small Finance Bank Limited B) Suryoday Small Finance Bank C) Shivalik Small Finance Bank D) North East Small Finance Bank
Answer : D
Q. With reference to the Telecommunications Act, 2023, consider the following statements: 1. It supersedes the Indian Telegraph Act, 1885 and the Indian Wireless Telegraph Act, 1933. 2. It defines telecom services as the transmission, emission or reception of any messages, by wire, radio, optical or other electromagnetic systems. 3. It applies to both public and private properties. How many of the statements given above are correct? A) Only one B) Only two C) All three D) None
Answer : C
Q. India signed a loan package of USD 500 million with the Asian Development Bank (ADB) to improve access to quality and affordable tertiary health care and medical education in which state? A) Madhya Pradesh B) Maharashtra C) Manipur D) Mizoram
Answer : B
Q. How many of the statements given above are correct? A) Only one B) Only two C) All three D) None
Answer: C
Q. Who chaired the review meeting of the 9 Regional Rural Banks of Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, and Maharashtra held in Udaipur in August 2024? A) Shaktikanta Das B) T V Somanathan C) Rajiv Gauba D) Nirmala Sitharaman
Answer : D
Q. Consider the following statements regarding the PM-WANI Scheme: 1. It was launched to democratise broadband access via public Wi-Fi hotspots. 2. Under the Scheme, the Public Data Offices set up Wi-Fi hotspots and provide internet access. Which of the above statements is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. Consider the following statements regarding the Vigyan Dhara Scheme, recently seen in the news: 1. It is a central sector scheme managed by the Department of Science and Technology (DST) designed to enhance India’s Science and Technology (S&T) capabilities through a streamlined approach. 2. Focused interventions will be taken up under the scheme to enhance the participation of women in the field of Science and Technology (S&T). Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. Which if the following are the objectives of National Quantum Mission? 1. Developing intermediate-scale quantum computers with 50-1000 physical qubits in 8 years 2. Satellite-based secure quantum communications 3. Inter-city quantum key distribution Select the correct Answer using the code given below: A) 1 and 2 only B) 2 and 3 only C) 1 and 3 only D) 1, 2 and 3
Answer : D
Q. Consider the following statements regarding Self-Regulatory Organisations (SROs): 1. It is a non-governmental entity created by members of a particular industry to help govern themselves. 2. It is not subject to any of the government-imposed regulations. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : A
Q. Consider the following statements regarding the RISE Accelerator Programme: 1. It is a bilateral program led by CSIRO Australia and the Atal Innovation Mission (AIM), NITI Aayog. 2. It supports start-ups and MSMEs in validating, adapting and piloting their technologies for new markets. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. With reference to the Model Solar Village initiative, consider the following statements: 1. It aims to create one Model Solar Village per district across India. 2. It is implemented by the Union Ministry of New and Renewable Energy. 3. A revenue village with a population size above 5,000 is eligible to participate in this initiative. Which of the statements given above are correct? A) Only one B) Only two C) All three D) None
Answer : B
Q. Consider the following statements regarding Diamond Imprest Licence: 1. It allows eligible exporters to import cut and polished diamonds. 2. Under this, exporters can import diamonds up to 5 per cent of their average turnover from the past three years. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. The National Stock Exchange (NSE) has increased the Ceiling Amount Payable out of Investor Protection Fund (IPF) Trust from Rs 25 lakh to__. A) 30 lakh B) 35 lakh C) 40 lakh D) 50 lakh
Answer : B
Q. Who has been appointed as the next Defence Secretary of India? A) Rajesh Kumar Singh B) Deepti Umashankar C) Amardeep Singh Bhatia D) Chandra Sekhar Kumar
Answer : A
Q. Who has been appointed as the Secretary to the President of India? A) Amardeep Singh Bhatia B) Katikithala Srinivas C) Deepti Umashankar D) Chandra Sekhar Kumar
Answer : C
Q. Who has been appointed as the Secretary of the Department of Expenditure, Ministry of Finance? A) Punya Salila Srivastava B) Manoj Govil C) Vivek Joshi D) Nagaraju Maddirala
Answer : B
Q. Consider the following statements regarding the Bhavishya Software: 1. It is an online Pension Sanction & Payment Tracking System which was launched by the Union Ministry of Finance. 2. It has been integrated with the Public Financial Management System (PFMS) module of Central Pension Accounting Office. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : B
Q. When was the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 approved by the government of India? A) 9 December 2024 B) 9 October 2024 C) 9 September 2024 D) 9 August 2024
Answer : D
Q. The Reserve Bank of India has increased the limit for paying taxes through the UPI payment system to—? A) Rs 4 lakh per transaction B) Rs 2 lakh per transaction C) Rs 5 lakh per transaction D) Rs 3 lakh per transaction
Answer : C
Q. What is the current Cash Reserve Ratio? A) 3.35 % B) 4.50 % C) 6.75% D) 6.25%
Answer : B
Q. What is the current Statutory Liquidity Ratio? A) 18% B) 6.75% C) 3.35% D) 6.5%
Answer : A
Q. The Reserve Bank of India has decided to keep the policy repo rate unchanged at 6.50 per cent for the ____ in a row in August 2024. A) 8th time B) 9th time C) 10th time D) 11th time
Answer : B ✓ RBI keeps repo rate unchanged at 6.5% for 9th time in a row
Q. Consider the following statements regarding the Grain ATM: 1. It is designed and developed by the World Food Programme India. 2. It is an automated multi-commodity dispensing solution that provides fast and precise access to commodities. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. Consider the following statements regarding Investor Education and Protection Fund: 1. It was established under the Companies Act, 1956. 2. It is managed by the Reserve Bank of India. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : A
Q. Who is the author of the book titled ‘India@100: Envisioning Tomorrow’s Economic Powerhouse’? A) Gita Gopinath B) Anshula Kant C) Raghuram Rajan D) K V Subramanian
Answer : D
Q. Consider the following statements with reference to the e-rupee: 1. It is a digital currency issued by the Reserve Bank of India. 2. The central bank pays interest on e-rupees which are kept in users’ wallets. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : A
Q. Consider the following statements regarding Kasturi Cotton Bharat: 1. It is an initiative of the Ministry of Textiles. 2. A blockchain-based software platform is being used to ensure traceability and certification of Kasturi Cotton Bharat-tagged bales. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. Consider the following statements regarding Overnight Index Swap: 1. It is a derivative instrument where returns under a fixed rate asset are swapped against a predetermined rate. 2. It allows financial institutions to swap the interest rates by changing the terms of their existing loan. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : A
Q. What is the primary function of the Cheque Truncation System (CTS), recently seen in the news? A) To physically transport cheques from one bank to another. B) To store physical cheques for future use. C) To capture cheque images and transmit them electronically for clearing. D) To destroy cheques after they are processed
Answer : C
Q. Consider the following statements regarding the Nandini Sahakar Scheme: 1. It is aimed at assisting women cooperatives under the purview of the National Cooperative Development Corporation. 2. Under this maximum financial assistance of 25 lakh rupees is provided to women cooperatives. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : A
Q. According to the World Trade Organisation, what is the position of India in the list of exporters of agricultural products? A) 4th B) 6th C) 8th D) 10th
Answer : C
Q. Consider the following statements regarding the PARAKH ((Performance Assessment, Review and Analysis of Knowledge for Holistic Development): 1. It is established within the University Grant Commission to standardize all exams in colleges across India. 2. It implements activities related to student assessment as mandated by the National Education Policy (NEP) 2020. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : B
Q. How is the Liquidity Coverage Ratio (LCR) calculated? A) (Total Assets) / (Total Liabilities) B) (High Quality Liquid Assets) / (Total net cash outflows over the next 30 calendar days) C) (High Quality Liquid Assets) / (Total Debt) D) (Liquid Assets) / (Short-term Liabilities)
Answer : B
Q. 11 public sector banks—excluding State Bank of India (SBI) — have charged Rs 2,331 crore from account holders for their failure to maintain minimum balance in savings banks in FY2024. Which bank has collected the maximum amount of Rs 633.4 crore from their customers? A) Canara Bank B) Bank of Baroda C) Indian Bank D) Punjab National Bank
Answer : D
Q. Consider the following statements regarding the Open Market Sale Scheme (OMSS): 1. Under OMSS, the Food Corporation of India (FCI) sells surplus food grains from the central pool in the open market through e-auctions. 2. There is no upper limit on the quantity an eligible bidder can bid for under the OMSS. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : A
Q. Rapido becomes unicorn with $120 million fresh funding from ? A) Abakkus B) Acropolis C) WestBridge D) Goldman Sachs
Answer : C
Q. Which insurance company launched the ‘Sampoorna Raksha Promise’ term insurance product, featuring an instant ₹3 lakh payout on death claim intimation, and offers coverage up to the age of 100 with options like Life Promise and Life Promise Plus? A) Tata AIA Life Insurance B) Kotak Mahindra Life Insurance C) Life Insurance Corporation of India D) Universal Sompo General Insurance
Answer : A
Q. Piramal Capital and Housing Finance Limited (Piramal Finance), a subsidiary of Piramal Enterprises Limited, has partnered with which bank to expand their co-lending operations? A) State Bank of India B) Axis Bank C) Central Bank of India D) ICICI Bank
Answer : C
Q. Toyota Kirloskar Motor has recently signed an agreement with which bank for vehicle loan? A) ICICI Bank B) Union Bank of India C) Punjab National Bank D) Yes Bank
Answer : B
Q. Which telecom company has partnered with Apple to bring exclusive offers for Apple Music and AppleTV+ to customers in India with premium wifi and postpaid plans? A) Bharti Airtel B) Vodafone Idea C) BSNL D) Reliance Jio
Answer : A
Q. Which Small Finance Bank has launched the Inori RuPay Platinum Credit Card in collaboration with the National Payments Corporation of India (NPCI) to offer cardholders exclusive benefits and privileges? A) Capital Small Finance Bank B) Suryoday Small Finance Bank C) ESAF Small Finance Bank D) Equitas Small Finance Bank
Answer : C
Q. Which Small Finance Bank was honoured with the titles of Best Small Finance Bank, India, Best Performance on Profitability (Runners-up), Best Performance on Asset Quality, and Best Performance on Risk Management at the 2nd ICC Emerging Asia Banking Conclave & Awards? A) Capital Small Finance Bank B) Jana Small Finance Bank C) ESAF Small Finance Bank D) Equitas Small Finance Bank
Answer : B
Q. Life Insurance Corporation of India (LIC) sold how much per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction? A) 2.09 per cent B) 3.09 per cent C) 4.09 per cent D) 5.09 per cent
Answer : A
Q. Which bank received approval from the Reserve Bank of India to set up a unit to undertake the asset management business of mutual funds? A) ICICI Bank B) Yes Bank C) IndusInd Bank D) Axis Bank
Answer : C
Q. India signed a loan package of USD 500 million with the Asian Development Bank (ADB) to improve access to quality and affordable tertiary health care and medical education in which state? A) Madhya Pradesh B) Maharashtra C) Manipur D) Mizoram
Answer : B
Q. The latest data released by the Reserve Bank of India showed, Net foreign direct investment (FDI) during the April-June period of the current financial year was __, compared to $4.7 billion in the yearago period. A) $6.5 billion B) $6.7 billion C) $6.9 billion D) $5.9 billion
Answer : C
Q. Which payments bank has launched the AI-powered Face Match, a new security feature designed to protect customer accounts from fraudulent activities? A) Airtel Payments Bank B) India Post Payments Bank C) FINO Payments Bank D) Paytm Payments Bank
Answer : A
Q. Which of the following company has received approval from the Competition Commission of India (CCI) to acquire a 60% majority stake in Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited? A) Adani Group B) HDFC Limited C) IndusInd International Holdings D) Aditya Birla Group
Answer : C
Q. Who has been appointed as the President of National Association of Software and Service Companies (NASSCOM)? A) Ramesh Singh B) Rajesh Nambiar C) Rahul Kumar D) Mukesh Sharma
Answer: B
Q. Which bank has launched an Avni Saving Account for women customers? A) Bandhan Bank B) Kotak Mahindra Bank C) Indian Overseas Bank D) Punjab National Bank
Answer : A
Q. Who chaired the review meeting of the 9 Regional Rural Banks of Madhya Pradesh, Chhattisgarh, Rajasthan, Gujarat, and Maharashtra held in Udaipur in August 2024? A) Shaktikanta Das B) T V Somanathan C) Rajiv Gauba D) Nirmala Sitharaman
Answer : D
Q. Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has recently inaugurated the GST Bhawan, an Official complex of CGST, in which city?A) Udaipur B) Uri C) Ujjain D) Unnao
Answer : A
Q. Which bank has launched a special “Vijay Fixed Deposits” plan to commemorate India’s 78th year of independence? A) Axis Bank B) Yes Bank C) RBL Bank D) Kotak Mahindra Bank
Answer : C
Q. Reserve Bank of India has imposed a penalty of how much rupees on Bank of Maharashtra (BoM) for violating its directions, including on Know Your Customer (KYC)? A) 5.76 crore B) 3.12 crore C) 2.67 crore D) 1.27 crore
Answer : D
Q. Which bank has recently launched the ANTAH DRISHTI Braille Debit Card for visually impaired customers? A) Punjab National Bank B) ICICI Bank C) Bank of Baroda D) HDFC Bank
Answer : A
Q. How many of total beneficiaries (account-holders) are there under the Pradhan Mantri Jan Dhan Yojana (PMJDY)? A) 52.99 crore B) 62.99 crore C) 72.99 crore D) 82.99 crore
Answer : A
Q. Which among the following company partners with Gentari to increase their EV delivery fleet to 10,000 by 2025, aiming to enhance last-mile delivery services and scale up electric vehicle adoption across over 400 cities in India? A) Amazon India B) MeeshoC) Flipkart D) Tata Neu
Answer : A
Q. Jakson Engineering Limited has signed an MoU with which bank to set up solar projects to a wide range of consumers across commercial, industrial, and institutional sectors? A) State Bank of India B) Punjab National Bank C) ICICI Bank D) Bank of Baroda
Answer : A
Q. Rana Ashutosh Kumar Singh has been appointed as the Managing Director of which bank? A) Axis Bank B) State Bank of India C) ICICI Bank D) Canara Bank
Answer: B
Q. Which of the following has received regulatory approval from the Reserve Bank of India for the acquisition of a majority stake in NBFC Kushal Finnovation Capital? A) Instamojo B) Rozar Pay C) Rosaria D) Jai Kisan
Answer : D
Q. Fintech firm Navi has partnered with which bank to roll out a credit line on UPI product for customers on the platform? A) ICICI Bank B) Karnataka Bank C) Yes Bank D) Axis Bank
Answer : B
Q. According to the 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses List report, which business family is the richest in India? A) Ambani B) Bajaj C) Birla D) Jindal
Answer : A
Q. Who is the only woman who has been included in the top 10 richest Indian business families in the 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses List? A) Roshini Nadar Malhotra B) Rekha Jhunjhunwala C) Smita Crishna D) Renuka Jagtiani
Answer : A
Q. Rajasthan Rajya Vidyut Utpadan Nigam (RVUN) has signed a memorandum of understanding (MoU) with which company to optimise operations of its gas-based power plants in Rajasthan? A) BHEL B) Coal India Limited (CIL) C) GAIL India Limited (GAIL) D) Steel Authority of India Limited (SAIL)
Answer : C
Q. India’s defence exports soared by how much percent in the first quarter of 2024 -25 as compared to thesame period last fiscal year? A) 60% B) 75% C) 78% D) 82%
Answer : C
Q. Which two organizations collaborated to launch the UPISetu platform? A) Pine Labs and HDFC Bank B) Axis Bank and PhonePe C) Pine Labs and Axis Bank D) Google Pay and ICICI Bank
Answer : C
Q. With which country has India recently signed an agreement to start UPI service? A) Bangladesh B) Thailand C) Maldives D) Malaysia
Answer : C
Q. Former ___ CEO Susan Wojcicki passed away recently at the age of 56. A) Facebook B) Twitter C) YouTube D) Microsoft
Answer : C
Q. The Government of India and __ have signed an agreement for the construction of the Green National Highway Corridors Project (GNHCP) in an aggregate length of 781 km for the states of Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh. A) World Bank B) IMF C) AIIB D) European Bank
Answer : A
Q. Which bank has launched a ‘Golden Circle’ exclusive banking program for senior citizens? A) Axis Bank B) HDFC Bank C) DBS Bank D) Yes Bank
Answer : C
Q. Five major payment companies have applied to join the Reserve Bank of India’s (RBI) pilot program for India’s central bank digital currency (CBDC) eRupee. What are the names of these five companies? A) Google Pay, PhonePe, Amazon Pay, Cred, Rozarpay B) Google Pay, PhonePe, Amazon Pay, Cred, BHIM C) Google Pay, PhonePe, Paypal, Cred, MobiKwik D) Google Pay, PhonePe, Amazon Pay, Cred, MobiKwik
Answer : D
Q. Which Small Finance Bank Limited has partnered with Edelweiss Life Insurance to access Edelweiss Life Insurance’s life insurance products suite, thereby meeting their need for financial security? A) Capital Small Finance Bank Limited B) Suryoday Small Finance Bank C) Shivalik Small Finance Bank D) Equitas Small Finance Bank Limited
Answer : B
Q. Which insurance company has launched new term life insurance plans – Yuva Term, Digi Term, Yuva Credit Life, Digi Credit Life – for providing term insurance and safety net against loan repayments? A) Bharti AXA General Insurance B) Kotak Mahindra Life Insurance C) Life Insurance Corporation of India D) Universal Sompo General Insurance
Answer : C
Q. IIT Madras has partnered with which bank to launch a cybersecurity Lab to develop and deploy security solutions in crucial sectors such as healthcare, fintech and aerospace? A) ICICI Bank B) Axis Bank C) IDBI Bank D) Yes Bank
Answer : C
Q. Tata Group unveils ₹27,000 crore semiconductor facility in which state? A) Gujarat B) Uttar Pradesh C) Andhra Pradesh D) Assam
Answer : D
Q. Which bank has become the first private sector bank to merge both Unified Payments Interface (UPI) and National Common Mobility Card (NCMC) features in RuPay credit cards? A) RBL Bank B) ICICI Bank C) Axis Bank D) Yes Bank
Answer : A
Q. Which food aggregator company has launched a new app, District, to expand its services beyond its core food delivery and quick commerce business? A) Food Panda B) Zomato C) Dominos D) Food24
Answer : B
Q. The Insurance Regulatory and Development Authority of India (IRDAI) imposed a penalty totalling ___ on HDFC Life for violating various IRDAI regulations A) 1 crore B) 2 crore C) 3 crore D) 50 lakh
Answer : B
Q. The Reserve Bank of India (RBI) has appointed Inderjit Camotra’s reappointment as MD & CEO of which small finance bank for two years? A) Capital Small Finance Bank Limited B) Unity Small Finance Bank C) Shivalik Small Finance Bank D) Equitas Small Finance Bank
Answer : B
Q. NIIT Institute of Finance, Banking and Insurance (NIIT IFBI), a subsidiary of NIIT, has launched the ACE Banker Program in collaboration with which bank? A) Axis Bank B) HDFC Bank C) ICICI Bank D) Yes Bank
Answer : B
Q. Which company has received in-principle approval for its asset reconstruction company (ARC) from the Reserve Bank of India (RBI)?A) Bharti AXA Capital B) Shriram Capital C) Royal Sundaram Capital D) Universal Sompo Capital
Answer : C
Q. Bengaluru-based Insurtech startup _ has been granted a direct broking (general) license by IRDAI and this startup enables to operate as a direct insurance broker in India, offering a full spectrum of business insurance solutions? A) Cashfree B) Phonepe C) Covrzy D) Acko
Answer : C
Q. Mumbai-based merchant payment company, BillDesk, Amazon Pay, and global payments major Adyen have secured the cross-border payment aggregator licence from the Reserve Bank of India (RBI).Which company was the first company to secure the PA-cross border licence? A) PayZapp B) PayU C) MobiKwik D) Cashfree
Answer : D
Q. Which company has received in-principle approval for its asset reconstruction company (ARC) from the Reserve Bank of India (RBI)? A) Bharti AXA Capital B) Shriram Capital C) Royal Sundaram Capital D) Universal Sompo Capital
Answer : C
Q. Consider the following statements regarding the National Industrial Corridor Development Programme (NICDP): 1. It aims to facilitate investments from both large anchor industries and Micro, Small and Medium Enterprises (MSMEs).2. It catalyzes to achievement of the government’s ambitious goal of $2 trillion in exports by 2030. Which of the statements given above is/are correct? A) 1 only B) 2 only C) Both 1 and 2 D) Neither 1 nor 2
Answer : C
Q. HDFC Securities has partnered with which of the following to Offer Access to Global Investing for Indians and NRIs? A) Mahindra & Mahindra Financial Services Limited B) Vested Finance C) LIC Housing Finance D) PNB Housing Finance Limited
Answer : B
