Current Banking Awareness Quiz – Set 69

Target- IBPS PO Mains

Months Covered- October, November, December 2021 and January 2022

1. C V R Rajendran is the MD and CEO of which bank?
   A) City Union Bank
   B) Federal Bank
   C) IndusInd Bank
   D) CSB Bank
   
   View answer

     Option D
   Explanation: C V R Rajendran the Managing Director & Chief Executive Officer of CSB Bank has announced to take early retirement on health grounds. He was holding the post of MD & CEO of CSB Bank since December 9, 2016 and his tenure was to end on December 8, 2022. Now he will continue as MD & CEO of the bank till March 2022.
2. What is India’s GDP growth rate projection for 2021-22 as per India Ratings and Research (Ind-Ra)?
   A) 9.5%
   B) 9.4%
   C) 9.3%
   D) 9.0%
   
   View answer

     Option C
   Explanation: Ind-Ra expects the GDP to clock a growth rate of 9.3% y-o-y in FY22.
3. State Bank of India will acquire what percent stake in India International Clearing Corporation (IFSC) Ltd?
   A) up to 9.95%
   B) up to 11.25%
   C) up to 6.75%
   D) up to 8.75%
   
   View answer

   Option A
   Explanation: State Bank of India will acquire up to 9.95 per cent stake in India International Clearing Corporation (IFSC) Ltd subject to a maximum investment of Rs 34.03 crore.
4. Which bank has been empanelled as the banking partner of the state government of Maharashtra with an aim to offer its services to employees of the State Government?
   A) Equitas Small Finance Bank
   B) Axis Bank
   C) IndusInd Bank
   D) Utkarsh Small Finance Bank
   
   View answer

   Option A
   Explanation: Equitas Small Finance Bank
5. India1 Payments has recently crossed the milestone of setting how many white label ATMs?
   A) 20,000
   B) 15,000
   C) 10,000
   D) 8,000
   
   View answer

   Option C
   Explanation: India1 Payments has crossed a milestone on deploying 10000 white-label ATMs, which was called as “India1ATMs”.
6. Shri. Shanktikanta Das has assumed the charge as the _____ governor of RBI on December 12, 2018 for three years.
   A) 23rd
   B) 27th
   C) 25th
   D) 24th
   
   View answer

   Option C
   Explanation: The Appointments Committee of the Cabinet (ACC) has approved the reappointment of Shaktikanta Das as the Governor of Reserve Bank of India ( RBI) for a further period of three years with effect from December 10, 2021. Mr. Das assumed the charge as the 25th governor of RBI on December 12, 2018 for three years.
7. Where is the headquarters of National Bank for Financing Infrastructure and Development (NaBFID) located?
   A) Delhi
   B) Mumbai
   C) Pune
   D) Kolkata
   
   View answer

   Option B
   Explanation: Mumbai
8. Which bank has launched the QR Code Sound Box to provide voice-based payment alerts?
   A) ICICI Bank
   B) AU Small Finance Bank
   C) Ujjivan Small Finance Bank
   D) HDFC Bank
   
   View answer

   Option B
   Explanation: AU Small Finance Bank launches QR Code Sound Box
9. Non-Scheduled Primary Co-operative Banks of deposit size of _______ and above have been brought into the ambit of Integrated Ombudsman Scheme, 2021 of Reserve Bank of India?
   A) Rs 25 crore
   B) Rs 15 crore
   C) Rs 50 crore
   D) Rs 100 crore
   
   View answer

   Option C
   Explanation: Non-Scheduled Primary Co-operative Banks with a deposit size of Rs. 50 crore and above, have been brought into the ambit of Integrated Ombudsman Scheme, 2021.
10. What is the present corpus of Payments Infrastructure Development Fund (PIDF)?
    A) Rs 500 crore
    B) Rs 345 crore
    C) Rs 614 crore
    D) Rs 1,000 crore
    
    View answer

    Option C
    Explanation: The total corpus of Payments Infrastructure Development Fund (PIDF) of RBI has reached Rs 614 crore.

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