Correct Answer : RBL Bank
RBL Bank gains after RBI approves re-appointment of Vishwavir Ahuja as MD, CEO. RBL Bank rose 1.47% to Rs 217.90 after the bank received an approval of the Reserve Bank of India (RBI) for the re-appointment of Vishwavir Ahuja as the managing director (MD) and chief executive officer (CEO).
Correct Answer : HDFC Bank
HDFC Bank announced plans to become carbon neutral by 2031-32. As part of this initiative, the Bank is looking at reducing its emissions, energy, and water consumption. The Bank will continue to incorporate and scale up the use of renewable energy in its operations.
Correct Answer : 22
Section 22 of the RBI Act states that only the RBI has the exclusive rights to issue currency notes in India.
Correct Answer : 13.5%
In its semi-annual financial stability report, RBI had earlier said that the bad loan ratio of banks could rise to 13.5% under the baseline stress scenario by September 2021.
Correct Answer : Myanmar
The RBI has acted as Burma’s (now Myanmar) central bank until April 1947 (except during the years of Japanese occupation (1942–45)), even though Burma seceded from the Indian Union in 1937.
Correct Answer : Equitas Small Finance Bank
Equitas Small Finance Bank has now become the first Small Finance Bank to offer its NRI customer segment the ease of account opening online.
Correct Answer : 75%
The small Finance Banks have been mandated to extend 75% of their credit to priority sector lending. Further, at least half of these loans should be below Rs. 25 Lakh.
Correct Answer : Reserve Bank of India
The working and operations of NBFCs are regulated by the Reserve Bank of India (RBI) within the framework of the [[Reserve Bank of India Act, 1934]] (Chapter III-B) and the directions issued by it.
Correct Answer : Capital market
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.
Correct Answer : Village
Lead Bank Scheme was finalised to adopt preparedness at village level, of an objective to help the farming community.
