Current Banking Awareness Quiz – Set 74
Target- IBPS PO Mains
- Mufin finance, one of the leading NBFC’s has received in principle RBI approval for issuance of semi close prepaid payment instruments. Identify the correct statement regarding NBCF’s
I. NBFC cannot accept demand deposits.
II. NBFC’s do not form part of the payment and settlement system.
III. NFC scan issue cheques drawn on itself.
A) Only I
B) Only III
C) Both I and II
D) Both II and III
- Which bank has received in principle approval for the Reserve Bank of India for its proposed operations support subsidy aimed at bringing down the cost to income ratio?
A) SBI
B) RBI
C) Bank of India
D) Canara Bank
- The Reserve Bank of India extended the timeline for the implementation of certain provisions of its master direction with regard to the issuance and conduct off credit cards and debit cards. These directions were issued on April 21, 2022. The timeline has been extended from July 1, 2022 to _______.
A) August 1, 2022
B) September 1, 2022
C) October 1, 2022
D) November 1, 2022
- In order to improve the quality of life for seniors which bank and the department of pension and pensioners welfare of the centre will work together to develop an integrated pension platform?
A) Canada bank
B) Bank of Maharashtra
C) State Bank of India
D) Bank of Baroda
- Which bank has launched online Savings Bank account opening facility through video based consumer identification process?
A) IDBI Bank
B) IndusInd Bank
C) Karnataka bank
D) HDFC Bank
- Freo has launched its digital savings account ‘Freo Save’ in partnership with equitas small finance bank. Freo is nonbanking platform which is based in_______.
A) Bengaluru
B) Hyderabad
C) Vishakhapatnam
D) Ahmedabad
- Which of the following is the goalpost of payments vision 2025?
A) integrity
B) inclusion
C) innovation
D) all of the above
- Union minister of electronics and IT has declared it resources of which of the following bank and UPI managing entity NPCI as ‘critical information infrastructure’?
A) ICICI Bank
B) Axis Bank
C) HDFC Bank
D) Both A and C
- Single dashboard for PFMS has been launched for leveraging the use of technology for effective management of public finances. What do you understand by F in ‘PFMS’?
A) finance
B) first
C) financial
D) fixed
- Which bank has recently launched online Savings Bank account opening facility through video-based customer identification process?
A) ICICI Bank
B) HDFC bank
C) Jammu and Kashmir bank
D) Karnataka bank