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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 9 of 24 pages
Question 81.

According to the data revealed by 1 Lattice (previously PNG), which of the following banks dominated the credit cards market in October 2022, with a 21% share?

  1.    Axis Bank
  2.    State Bank of India
  3.    Indian Bank
  4.    HDFC Bank
 Discuss Question
Answer: Option D. -> HDFC Bank
In the credit cards market, India's largest private sector bank, HDFC bank led the share with a whopping 21 per cent. The lead was followed by SBI Card (19%), ICICI Bank (17%), and Axis Bank (11%).
Question 82.

Which bank has launched a face authentication-based savings bank account opening for customers?

  1.    FINO Payments Bank
  2.    Airtel Payments Bank
  3.    Paytm Payments Bank
  4.    India Post Payments Bank
 Discuss Question
Answer: Option B. -> Airtel Payments Bank
Airtel Payments Bank has launched a face authentication-based savings bank account opening for customers.
Question 83.

Which bank has partnered with the National E-Governance Services Ltd to launch an electronic bank guarantee?

  1.    SBI
  2.    Canara Bank
  3.    BOI
  4.    HDFC Bank
 Discuss Question
Answer: Option B. -> Canara Bank
On its 117th Founder's day, Canara Bank launched an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL).
Question 84.

Which of the following bank has opened its first mid-corporate Branch in Kerala at Kochi?

  1.    State bank of India
  2.    Union Bank of India
  3.    Bank of Baroda
  4.    Punjab National Bank
 Discuss Question
Answer: Option C. -> Bank of Baroda
Bank of Baroda has opened its first mid-corporate Branch in Kerala at Kochi.
Question 85.

NPCI Bharat Billpay partners with which bank for credit card bill payments?

  1.    Kotak Mahindra Bank Limited
  2.    Central Bank of India
  3.    Canara Bank
  4.    Bank of Maharashtra
 Discuss Question
Answer: Option A. -> Kotak Mahindra Bank Limited
NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has partnered with Kotak Mahindra Bank Limited (KMBL) to introduce its credit cards on the Bharat BillPay ecosystem.
Question 86.

Mahindra & Mahindra Financial Services has partnered with which payment bank to further enhance credit access to a larger customer base?

  1.    Jio Payments Bank
  2.    Airtel Payments Bank
  3.    India Post Payments Bank
  4.    Paytm Payments Bank
 Discuss Question
Answer: Option C. -> India Post Payments Bank
Mahindra & Mahindra Financial Services has partnered with India Post Payments Bank (IPPB) to further enhance credit access to a larger customer base.
Question 87.

Which payment banks have partnered with the Reserve Bank Innovation Hub (RBIH) to Collaborate for innovations in Financial Products & Services in October 2022?

  1.    NSDL Payments Bank Ltd
  2.    FINO Payments Bank Ltd
  3.    India Post Payments Bank Ltd
  4.    Jio Payments Bank Ltd
 Discuss Question
Answer: Option C. -> India Post Payments Bank Ltd
India Post Payments Bank (IPPB) & Reserve Bank Innovation Hub (RBIH) Collaborate for innovations in Financial Products & Services.
Question 88.

Which bank has launched 'KBL Centenary Deposit Scheme?

  1.    Karnataka Bank
  2.    Karur Vyasya Bank
  3.    IndusInd Bank
  4.    HDFC Bank
 Discuss Question
Answer: Option A. -> Karnataka Bank
Karnataka Bank has launched a Term Deposit Scheme "KBL Centenary Deposit Scheme" with a higher rate of interest.
Question 89.

Indian Army has signed an MoU with how many banks for providing banking facilities to Agniveers on enrolment?

  1.    5
  2.    11
  3.    10
  4.    15
 Discuss Question
Answer: Option B. -> 11
The Indian Army has signed an MoU with 11 Banks for providing banking facilities to Agniveers on enrolment.
Question 90.

Which bank announced a $14 billion assistance to fight food insecurity in the Asia Pacific?

  1.    ADB
  2.    AIIB
  3.    NDB
  4.    World Bank
 Discuss Question
Answer: Option A. -> ADB
The Asian Development Bank announced a $14 billion assistance to fight food insecurity in the Asia Pacific.

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