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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 10 of 24 pages
Question 91.

Which bank became the first Indian bank to get RBI approval for rupee trading?

  1.    PNB
  2.    BoB
  3.    UCO Bank
  4.    ICICI
 Discuss Question
Answer: Option C. -> UCO Bank
UCO bank became the first Indian bank to get RBI approval for rupee trading.
Question 92.

Union Bank of India has inaugurated the 'Ethical Hacking Lab' at the Cyber Security Centre of Excellence (CCoE) in which city?

  1.    Hyderabad
  2.    New Delhi
  3.    Kolkata
  4.    Hapur
 Discuss Question
Answer: Option A. -> Hyderabad
Union Bank of India has inaugurated the 'Ethical Hacking Lab' at the Cyber Security Centre of Excellence (CCoE) in Hyderabad.
Question 93.

Federal Bank launched the pilot for digitalization of KCC lending in TN & MP with which bank?

  1.    Bank of Baroda
  2.    State Bank of India
  3.    Kotak Mahindra Bank
  4.    Union Bank of India
 Discuss Question
Answer: Option D. -> Union Bank of India
RBI announced the pilot for KCC lending in Madhya Pradesh and Tamil Nadu in September with Union Bank of India and Federal Bank.
Question 94.

Which bank to sell stressed assets worth Rs 48k cr to JC Flowers ARC, a US-based asset reconstruction company?

  1.    Yes Bank
  2.    HDFC Bank
  3.    ICICI Bank
  4.    Axis Bank
 Discuss Question
Answer: Option A. -> Yes Bank
Yes Bank is to sell stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio.
Question 95.

Which bank partnered with Remitly for secure and easy remittance to India?

  1.    SBI
  2.    PNB
  3.    RBI
  4.    BOB
 Discuss Question
Answer: Option A. -> SBI
For safe and simple remittances to India, the nation's largest lender, State Bank of India (SBI), has collaborated with Remitly.
Question 96.

India's IFSCA tied up with which bank for fintech innovations?

  1.    Bank of Maharashtra
  2.    Central Bank of India
  3.    Singapore Central Bank
  4.    ADB
 Discuss Question
Answer: Option C. -> Singapore Central Bank
A FinTech Co-operation Agreement was signed by the International Financial Services Centres Authority (IFSCA) and the Monetary Authority of Singapore (MAS) to promote regulatory cooperation and partnership in FinTech technologies.
Question 97.

Sumant Kathpalia re-appointed as MD & CEO of which bank for 3 years?

  1.    RBI
  2.    SBI
  3.    PNB
  4.    IndusInd Bank
 Discuss Question
Answer: Option D. -> IndusInd Bank
Sumant Kathpalia was re-appointed as MD & CEO of IndusInd Bank for 3 years.
Question 98.

Which bank raises Benchmark Lending Rate by 0.7 per cent?

  1.    ADB
  2.    PNB
  3.    RBI
  4.    SBI
 Discuss Question
Answer: Option D. -> SBI
The country's largest lender, State Bank of India (SBI), raised the Benchmark Prime Lending Rate (BPLR) by 70 basis points (or 0.7 per cent) to 13.45 per cent.
Question 99.

Which bank has announced the debut of a branded home buyer ecosystem with "Open Doors" in partnership with Square Yards (an integrated real estate platform)?

  1.    HDFC Bank
  2.    Axis Bank
  3.    IndusInd Bank
  4.    ICICI Bank
 Discuss Question
Answer: Option B. -> Axis Bank
Private lender Axis Bank and Square Yards (an integrated real estate platform) have announced the launch of 'Open Doors', a co-branded home buyer ecosystem.
Question 100.

Which one is the first bank to issue an electronic bank guarantee?

  1.    SBI
  2.    HDFC
  3.    ICICI
  4.    RBI
 Discuss Question
Answer: Option B. -> HDFC
The HDFC Bank, the largest private sector bank in India, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG).

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