march

Question 1

RBI Announces Financial Literacy Ideathon for

Answer 1

Postgraduate (PG)
students,

Question 2

RBI’s Financial Literacy Week (FLW)
2024

Answer 2

26th February to 1st March 2024.

Question 3

The theme of FLW 2024 is

Answer 3

“Make a Right Start – Become Financially Smart”.

Question 4

Financial Literacy Week is annually observed by RBI since

Answer 4

2016

Question 5

Financial Literacy Ideathon Title:

Answer 5

“Money Matters for Young Adults: Rethinking Outreach
Strategies” in up to 2000 words.

Question 6

Cash prizes - Financial Literacy Ideathon

Answer 6

1st Prize: Rs 1 Lakh
2nd Prize: Rs 75,000
3rd Prize: Rs 50,000

Question 7

All-India House Price Index Rises to __________- in Q3FY24

Answer 7

3.8%

Question 8

Annual HPI growth is highest in

Answer 8

Chennai, Tamil Nadu (TN) at 8.4%

Question 9

Annual HPI growth is lowest in

Answer 9

Kochi, Kerala
at 0.6%.

Question 10

Reserve Bank of India (RBI) has updated its ___________ to streamline the process for fintech companies.

Answer 10

“Enabling Framework for
Regulatory Sandbox”

Question 11

RBI has extended the overall timeline for the Regulatory Sandbox (RS) process
from ______________

Answer 11

7 months to 9 months, excluding the preliminary screening period

Question 12

RBI has introduced an additional phase called ____________ in the regulatory sandbox process

Answer 12

“formulation of test
design and integration”

Question 13

RBI Approves __________- to Launch Interoperable Payment System

Answer 13

NPCI Bharat BillPay Ltd (NBBL

Question 14

RBI urged all stakeholders like industry, payment system operators, media, digital payment users, to
promote

Answer 14

‘Har Payment Digital’.

Question 15

RBI Approves USD 530mn All-Stock Amalgamation of

Answer 15

Bengaluru, Karnataka based
Fincare Small Finance Bank (SFB) Ltd. (Transferor Bank) with Jaipur, Rajasthan headquartered AU SFB

Question 16

RBI directs ____________ to cease and desist from sanctioning or disbursing gold loans

Answer 16

IIFL Finance

Question 17

RBI in exercise of its powers under ___________, directed IIFL Finance Ltd. to
cease and desist, w.e.f March 4, 2024, from sanctioning or disbursing gold loans or assigning/ securitising/
selling any of its gold loans.

Answer 17

Section 45L(1)(b) of the RBI Act, 1934

Question 18

___________ received Online Payment Aggregator licence from RBI

Answer 18

Infibeam Avenues for its payment gateway brand, CCAvenue

Question 19

Reserve Bank of India Suspended the Function of

Answer 19

Mumbai (Maharashtra) based JM Financial Products Ltd
(JMFPL)

section 45L(1)(b) of the Reserve Bank of
India Act, 1934

Question 20

top two card issuers in India.

Answer 20

HDFC Bank and the State Bank of India (SBI)

Question 21

Reserve Bank of India (RBI) barred ______________ from
issuing co-branded credit cards to new customers on account of regulatory deficiencies

Answer 21

Federal Bank and South Indian Bank

Question 22

RBI has imposed a monetary penalty of Rs 1.4
crore on

Answer 22

Bank of India (BOI).

Question 23

RBI also imposed penalty of Rs 29.55 lakh on

Answer 23

Bandhan Bank Ltd (BDN).

Question 24

RBI Reconstitutes Committee of Advisors of the

Answer 24

Abhyudaya
Cooperative Bank Limited by inducting Devendara Kumar in place of Mahendra Chhajed after his
resignation.

Question 25

RBI has imposed a penalty of Rs 1,31,80,000 on

Answer 25

TMB

Question 26

RBI has imposed a penalty of Rs 63,60,000 on

Answer 26

DCB Bank

Question 27

____________- get RBI payment aggregator licences

Answer 27

Innoviti Payments, Vegaah, which
is run by Concerto Software