Latest Banking Dates General Knowledge(GK) Questions and answers

1 .

Which financial institution has approved USD 250 million loan to support National Industrial Corridor Development Program (NICDP) in India?

A)

UNDP

B)

World Bank

C)

Reserve Bank

D)

Asian Development Bank (ADB)

Correct Answer : Asian Development Bank (ADB)

The Asian Development Bank (ADB) on October 29, 2021, approved a USD 250 million (about Rs 1,875 crore) loan to support India’s National Industrial Corridor Development Program (NICDP). This is the first subprogram of the programmatic USD 500 million loan to develop 11 industrial corridors spanning 17 states.

2 .

Who has been appointed as the Chairperson of the National Bank for Financing Infrastructure and Development (NaBFID)?

A)

K V Kamath

B)

Aditya Puri

C)

Nandan Nilekani

D)

Kris Gopalakrishnan

Correct Answer : K V Kamath

The government on Wednesday(27-10-2021) announced the appointment of veteran banker K V Kamath as chairperson of the newly set up Rs 20,000 crore National Bank for Financing Infrastructure and Development (NaBFID). Parliament had in March cleared the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India, including the development of the bonds and derivatives markets necessary for infrastructure financing.

3 .

Who has been appointed as the Managing Director and CEO of Jammu and Kashmir Bank by RBI?

A)

Atal Dulloo

B)

Baldev Prakash

C)

Nitishwar Kumar

D)

Rajeev Lochan Bishnoi

Correct Answer : Baldev Prakash

The Reserve Bank of India has approved the appointment of Baldev Prakash as Managing Director and CEO of Jammu and Kashmir Bank for a period of three years from the date of taking charge or April 10, 2022, whichever is earlier.

4 .

CCI has approved the acquisition of stake in HDFC ERGO General Insurance Company by HDFC Bank. What percent of stake will be acquired by the bank in the insurance firm?

A)

7.99%

B)

6.99%

C)

5.99%

D)

4.99%

Correct Answer : 4.99%

The Competition Commission of India (CCI) has approved the acquisition of 4.99% of the outstanding equity share capital in HDFC ERGO General Insurance Company by private sector lender HDFC Bank. HDFC Bank will acquire 3.56 crore shares or 4.99% stake for Rs 1,906 crore from the parent company Housing Development Finance Corporation (HDFC).

5 .

Which bank has launched the QR Code Sound Box to provide instant voice-based payment alerts to merchant partners?

A)

IndusInd Bank

B)

Punjab National Bank

C)

AU Small Finance Bank

D)

Equitas Small Finance Bank

Correct Answer : AU Small Finance Bank

The AU Small Finance Bank has announced the launch of a QR Code Sound Box, to provide instant voice-based payment alerts to merchant partners. It is a first-of-its kind product launched by a bank. QR code sound box is a small and portable speaker, having a dedicated SIM slot for data connectivity, to give voice notification.

6 .

Which Indian businessman has announced to make investment in UAEâ€™s first digital only independent bank ZAND?

A)

Azim Premji

B)

Uday Kotak

C)

Kumar Mangalam Birla

D)

Cyrus S. Poonawalla

Correct Answer : Kumar Mangalam Birla

Kumar Mangalam Birla, the Chairman of Aditya Birla Group, is set to invest in Zand, the first digital only independent bank in UAE.For this investment, Birla will partner with Hamed bin Zayed Al Nahyan, the Managing Director of Abu Dhabi Investment Authority (ADIA).

7 .

Which bank has launched the new digital platform named Abacus 2.0?

A)

RBL Bank

B)

HDFC Bank

C)

ICICI Bank

D)

Kotak Mahindra Bank

Correct Answer : RBL Bank

RBL Bank is working on a new digital platform named Abacus 2.0, that would help the bank to scale up customer acquisition over the next few years. Using Abacus 2.0, RBL Bank will provide products and services to new as well as existing customers digitally.

8 .

Who has been appointed as the new Chairman of the Karnataka Bank Ltd.?

A)

Uma Shankar

B)

Pradeep Kumar Panja

C)

Balakrishna Alse S

D)

Keshav Krishnarao Desai

Correct Answer : Pradeep Kumar Panja

The Reserve Bank of India (RBI) has given its approval to appoint Pradeep Kumar Panja as the Chairman of Karnataka Bank Ltd with effect from November 14th, 2021.

* Pradeep Kumar Panja will serve for a period of three years.

* He will replace P Jayarama Bhat, whose’s term will be ended on November 13th, 2021.

About Pradeep Kumar Panja :

* Pradeep Kumar Panja has served as Managing Director (Corporate Banking) of the State Bank of India (SBI).

* He also was appointed as Managing Director of the State Bank of Travancore.

* He is having experience of 39 years in various fields such as banking, including corporate and international banking, treasury management, information technology, retail, and so on.

9 .

Name the MD and CEO of the Axis Bank, whose re-appointment to the post has recently been approved by RBI?

A)

Rana Kapoor

B)

Deepak Parekh

C)

Sandeep Bakhshi

D)

Amitabh Chaudhry

Correct Answer : Amitabh Chaudhry

The Reserve Bank of India (RBI) has approved the re-appointment of Amitabh Chaudhry as Managing Director (MD) and Chief Executive Officer (CEO) of private lender Axis Bank for a period of three years.

10 .

Who has been appointed by IndusInd Bank as its new Chief Financial Officer?

A)

Gobind Jain

B)

Harpeet Kochhar

C)

Sumant Kathpalia

D)

Dr. Randeep Guleria

Correct Answer : Gobind Jain

IndusInd Bank on 14th October 2021, said that SV Zaregaonkar has resigned as the chief financial officer with effect from 30 September.

In his place, Gobind Jain has been appointed as the new CFO.

In a statement to the exchanges, the private sector bank said that Zaregaonkar has stepped down to take over other responsibilities until the date of his superannuation. Zaregaonkar started his career as a lecturer in commerce before he joined Dena Bank as a specialist in middle management cadre as ‘Chartered Accountant’ in 1980.