Banking - General Knowledge Questions

A)
Airtel SFB
B)
Jana SFB
C)
Equitas SFB
D)
Fino SFB

Correct Answer :   Equitas SFB

Equitas Small Finance Bank offers online process for NRI account opening. Equitas Small Finance Bank has now become the first Small Finance Bank to offer its NRI customer segment the ease of account opening online.

A)
Cash Reserve Ratio
B)
Bank Rate
C)
Reverse Repo Rate
D)
Statutory Liquidity Ratio

Correct Answer :   Cash Reserve Ratio

The Cash Reserve Ratio is the amount of funds that the banks are bound to keep with Reserve bank of India as a portion of their Net Demand and Time Liabilities (NDTL).

A)
USD 590 billion
B)
USD 600 billion
C)
USD 642 billion
D)
USD 700 billion

Correct Answer :   USD 590 billion

The country's foreign exchange reserves crossed the USD 590 billion mark on the week ended 14th March. In terms of rupee, it is 43,24,574 crores.

A)
Community based organisations
B)
Krishi Vigyan Kendras
C)
Khadi and Village Industries units
D)
All of the above can become a BC

Correct Answer :   All of the above can become a BC

All of the above given options i.e. Krishi Vigyan Kendras, Khadi and Village Industries units, Community based organisations etc. can become a Banking correspondent for a bank.

A)
ICICI Bank
B)
Axis Bank
C)
BOB
D)
HDFC Bank

Correct Answer :   Axis Bank

The Axis Bank has launched a range of wearable contactless payment devices under the brand Wear 'N' Pay.

A)
Managed Float
B)
Crawling Peg
C)
Fixed-but-Adjustable Exchange Rate
D)
Free Float

Correct Answer :   Fixed-but-Adjustable Exchange Rate

A)
SBI
B)
Bank of India
C)
ICICI Bank
D)
IDBI Bank

Correct Answer :   IDBI Bank

The LIC Cards Services has launched a contactless prepaid gift card, 'Shagun', in collaboration with IDBI Bank on the RuPay platform.

A)
Axis Bank
B)
Yes Bank
C)
HDFC Bank
D)
ICICI Bank

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.

A)
2031-32
B)
2033-35
C)
2025-28
D)
2023-25

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.

A)
5%
B)
6%
C)
7%
D)
8%

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.