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Banking - General Knowledge Questions
A)
15.12%
B)
10.0%
C)
9.0%
D)
7.6%

Correct Answer :   10.0%

HDFC Bank has cut India's growth projection to 10 % from 11.5 % for the current financial year, citing the adverse effect of the second Covid-19 wave.

A)
Airtel Payments Bank
B)
Mobikwik
C)
Bajaj Finance
D)
Paytm

Correct Answer :   Bajaj Finance

The Reserve Bank of India (RBI) on Tuesday, 4 May 2021, granted an authorization to Bajaj Finance for issuance and operation of semi-closed prepaid payment instruments with perpetual validity.

A)
Ministry of Finance
B)
Reserve Bank of India
C)
Government of India
D)
None of the above

Correct Answer :   Government of India

The Government of India has the sole right to mint coins. The Reserve Bank puts the coins into circulation on behalf of the Central Government.

A)
ICICI Bank
B)
Yes Bank
C)
Axis Bank
D)
Kotak Mahindra Bank

Correct Answer :   Kotak Mahindra Bank

The Kotak Mahindra Bank has been selected as a digital payments partner by the National Agriculture Market a pan-India electronic trading portal for farm produce.

A)
NIACL
B)
UIICL
C)
AICL
D)
NICL

Correct Answer :   NIACL

Private sector Axis Bank on Saturday said three promoters United India Insurance Company, National Insurance Company and New India Assurance Co Ltd (NIACL) will be reclassified as public category shareholders post requisite regulatory approvals.

A)
SBI
B)
HSBC
C)
ICICI Bank
D)
Axis Bank

Correct Answer :   HSBC

HSBC banks introduced the first ATM in India. Hongkonk and Sanghai Bank Corporation was the first bank to introduce ATM in India in the year of 1987.

A)
Bank of India
B)
Bank of Baroda
C)
Allahabad Bank
D)
Central Bank of India

Correct Answer :   Bank of Baroda

The Mastercard and BOB Financial Solutions Limited (BFSL) has come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR.

A)
Rs 2800 crore
B)
Rs 3000 crore
C)
Rs 4500 crore
D)
Rs 5000 crore

Correct Answer :   Rs 4500 crore

The Union Government has reportedly decided to offer an advance payment of over Rs 4,500 crore to the Serum Institute of India (SII) and Bharat Biotech to secure future supplies of Covid-19 vaccines.

A)
The point of highest reward to variability ratio in the opportunity set
B)
The point of the highest reward to variability ratio in the indifference curve
C)
The point of tangency with the opportunity set and the capital allocation line
D)
The point of tangency with the indifference curve and the capital allocation line

Correct Answer :   The point of tangency with the indifference curve and the capital allocation line

The individual investor’s optimal portfolio is designated by the point of tangency with the indifference curve and the capital allocation line.

A)
Without any limit
B)
10 crore
C)
50 lac
D)
5 crore

Correct Answer :   Without any limit