Correct Answer : Rs.5,000 crore
Non-Deposit taking NBFCs (NBFCs-ND) with asset size of Rs.5,000 crore and above having public customer interface
Correct Answer : Rs. 250 crore
RBI has made an initial contribution of Rs. 250 crores to the PIDF.
Correct Answer : Retail Direct Scheme
Prime Minister Narendra Modi has launched the Reserve Bank of India-Retail Direct (RBI-RD) Scheme of RBI on November 12th, 2021. Under this, the retail investors (general public/individuals) can buy/sell government securities in both primary and secondary markets.
Correct Answer : Three
Prime Minister Shri Narendra Modi on November 12th, 2021 launched the Integrated Ombudsman Scheme, 2021 of the Reserve Bank of India. Ombudsman Scheme of RBI, is a grievance redressal mechanism framed by RBI for customers of banking sectors. The new scheme integrates the existing three(3) Ombudsman schemes of RBI.
Correct Answer : Assam
Bandhan Bank has announced Popular Assamese & Bollywood singer Zubeen Garg as the brand ambassador for the Bank in Assam.
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.
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.
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.
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).
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.
