Current Banking Awareness Quiz – Set 73
Target- IBPS PO Mains
Months Covered- September 2021 to January 2022
- Choose the correct option based on the below statements:
(i) Presently in India we have 3 Domestic Systemically Important Banks (D-SIBs).
(ii) In India, the list of Domestic Systemically Important Banks (D-SIBs) is released by Ministry of Finance
(iii) The D-SIBs banks are classified into 3 buckets.
A) (i) and (iii) are true
B) Only (i) is true
C) (i) and (ii) are true
D) All three statements are true
- Under the ‘Digital Payments Utsav’, Whatsapp will adopt 500 villages in which states to “accelerate financial inclusion”?
A) Karnataka and Rajasthan
B) Maharashtra and Karnataka
C) Maharashtra and Rajasthan
D) Rajasthan and Gujarat
- What is India’s GDP growth forecast as per Ind-Ra for 2021-22?
A) 9.5%
B) 9.4%
C) 9.3%
D) 9.2%
- The New Development Bank promoted by BRICS nation has recently added Egypt as a new member. With this, the total member nations of New Development Bank has increased to what number?
A) 6
B) 7
C) 8
D) 9
- The Reserve Bank of India has issued revised Prompt Corrective Action (PCA)Framework for Scheduled Commercial Banks. Based on that, few statements are given below. Read them carefully and choose the correct options given as applicable:
(i) The revised PCA framework on Scheduled Commercial Banks will be applicable from October 01, 2022.
(ii) Capital, Asset Quality and Leverage are the key areas that will be monitored by RBI for all banks.
(iii) The PCA Framework would apply to all banks operating in India including foreign banks operating through branches or subsidiaries based on breach of risk thresholds of identified indicators.
(iv) A bank would be allowed to exit PCA framework if no breaches in risk thresholds in any of the parameters are observed as per four continuous quarterly financial statements
A) (ii) and (iii) are correct
B) (i) is false
C) All statements are correct
D) (iv) is false
- All the new Small Finance Banks which are setup now, should be listed (on stock exchange) within how many years from the date of commencement of operations?
A) 5
B) 6
C) 7
D) 8
- Given below are some small savings schemes operated by Government of India and respective interest rates. You have to choose the option where the scheme and respective interest rates are given correctly:
(i) Public Provident Fund Account (PPF)- 7.1%
(ii) National Savings Certificates – 6.9%
(iii) Kisan Vikas Patra (KVP)- 6.8%
(iv) Sukanya Samriddhi Account- 7.6%
A) (i) and (ii) are correct
B) (i) and (iv) are correct
C) All are correct
D) (ii) and (iii) are correct
- Who has been appointed as the chairperson of National Bank for Financing Infrastructure and Development (NaBFID)?
A) Bibek Debroy
B) Baldev Prakash
C) K V Kamath
D) Ramnath Krishnan
- Under the Scale Based Regulation (SBR) of NBFCs, RBI has categorized NBFC into how many categories.
A) 3
B) 4
C) 5
D) 6
- Which bank has launched WisePOSGo POS device?
A) Karnataka Bank
B) HDFC Bank
C) ICICI Bank
D) Axis Bank