Correct Answer :   Bengaluru

Correct Answer :   Chennai

Correct Answer :   ICICI Bank

Private sector's largest Commercial Bank ICICI bank launched 'FD Health' on October 14, 2019 under which a Fixed Deposit offered the dual benefit of investment growth via FD and protection through a critical illness cover. The customers are being offered the insurance cover free of cost for the first year and thereafter they can renew it.

Correct Answer :   Kerala

The RBI has given the final approval for the merger of district cooperative banks in Kerala. The combined entity will be called the 'Kerala Bank'.

Correct Answer :   Reserve Bank of India

Correct Answer :   ICICI Bank

Correct Answer :   Deposits

A bank places its funds in assets to earn profits. The assets include investments, loans and advances, money at call and short notice, bills discounted and purchased. It also includes the cash in hand with the banks and also the cash held with the RBI. The liabilities include deposits (both time and demand) and borrowings.

Correct Answer :   Advance Loan

A payments bank is like any other bank, but operating on a smaller scale without involving any credit risk. In simple words, it can carry out most banking operations but can’t advance loans or issue credit cards. It can accept demand deposits (up to Rs 1 lakh), offer remittance services, mobile payments/transfers/purchases and other banking services like ATM/debit cards, net banking and third party fund transfers.

Correct Answer :   Canada

Correct Answer :   1 September 2018