Correct Answer : ICICI Bank
Girish Chandra Chaturvedi as the part-time Chairman of ICICI Bank for a period of three years with effect from July 1, 2021.
Correct Answer : 2031-32
Ahead of the World Environment Day on June 5, the private sector lender HDFC Bank has announced its plans to become carbon-neutral by 2031-32.
Correct Answer : 6%
The RBI said the limits for FPI investment during the current fiscal in G-secs and State Development Loans will remain unchanged at 6% and 2 per cent respectively.
Correct Answer : Both (a) and (b)
The Section 31 states that in India, only the RBI or the central government can issue and accept promissory notes that are payable on demand. However, cheques, that are payable on demand, can be issued by anyone.
Correct Answer : Rs 10 crore
The Reserve Bank of India has imposed a fine of Rs 10 crore on HDFC Bank for deficiencies in regulatory compliance found in the auto loan portfolio of the bank.
Correct Answer : All of the above
DICGC insures all bank deposits, such as saving, fixed, current, Recurring deposit for up to the limit of Rs. 100,000 of each deposits in a bank. It was set up in 1987.
Correct Answer : India Post Payments Bank
The Mahindra Rural Housing Finance and India Post Payments Bank announced a strategic partnership for cash management solution.
The objective behind the Banking correspondent scheme was to aid the process of financial inclusion and consequently take banking to the remotest areas of the country and make them bankable.
Correct Answer : HPCL
On March 26,2021 Union Bank of India launched first of its kind 'UNI-CARBON CARD', a credit card that is co-branded by HPCL in Rupay platform of National Payments Corporation of India (NPCI) to create an opportunity to create value for the Bank's customers.
Correct Answer : District
Leader Bank Scheme was based on Area Approach for targeted and focused banking. The banker’s committee, headed by S. Nariman, concluded that districts would be the units for area approach and each district could be allotted to a particular bank which will perform the role of a Lead Bank.
