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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 13 of 24 pages
Question 121.

Which payment bank has launched a group accident insurance plan with an accidental death coverage of Rs 10 lakh in partnership with TATA AIG and Bajaj Allianz General Insurance companies?

  1.    Paytm Payments Bank
  2.    Airtel Payments Bank
  3.    India Post Payment Bank
  4.    Jio Payments Bank
 Discuss Question
Answer: Option C. -> India Post Payment Bank
India Post Payment Bank (IPPB) has launched a group accident insurance plan with an accidental death coverage of Rs 10 lakh.
Question 122.

Sandeep Bakshi has been appointed as MD and CEO of which bank?

  1.    ICICI Bank
  2.    Bank of India
  3.    Central Bank of India
  4.    Canara Bank
 Discuss Question
Answer: Option A. -> ICICI Bank
The board of directors of ICICI Bank has re-appointed Sandeep Bakhshi as the bank's managing director (MD) and chief executive officer (CEO) for a period of three years, the bank said in a regulatory filing.
Question 123.

Which bank has received CII digital transformation awards?

  1.    State Bank of Mysore
  2.    State Bank of Indore
  3.    Karnataka Bank
  4.    State Bank of Saurashtra
 Discuss Question
Answer: Option C. -> Karnataka Bank
Karnataka Bank has won the Confederation of Indian Industry's (CII) National Digital Transformation Awards, "DX 2022 Awards" for best practices in digital transformation in the BFSI sector.
Question 124.

PM has introduced the "Mission Schools of Excellence" in Gujarat is funded by which bank?

  1.    SBI
  2.    World Bank
  3.    ADB
  4.    All of Above
 Discuss Question
Answer: Option B. -> World Bank
The "Mission Schools of Excellence" are funded in part by the World Bank and have a budget of 10,000 crores.
Question 125.

Which bank has started the Gram Seva program in six states of India?

  1.    HDFC Bank
  2.    YES Bank
  3.    SBI
  4.    BOI
 Discuss Question
Answer: Option C. -> SBI
State Bank of India announced the launch of the fourth phase of the 'SBI Gram Seva' program, adopting 30 remote villages in Haryana, Gujarat, Maharashtra, Punjab, Tamil Nadu, and West Bengal on the occasion of Gandhi Jayanti.
Question 126.

Shri Shaktikanta Das, launched a new SupTech initiative named DAKSH for which of the following purpose for RBI?

  1.    Supervisory Purpose
  2.    Automation process for controlling credit flow
  3.    Check issuance of Bank notes and Coins
  4.    Manage foreign reserves
 Discuss Question
Answer: Option A. -> Supervisory Purpose
Shri Shaktikanta Das, Governor, today launched a new SupTech initiative named "(DAKSH) - Reserve Bank's Advanced Supervisory Monitoring System", which is expected to make the Supervisory processes more robust.
Question 127.

A new advanced supervisory monitory system- Daksh has been launched by which organization?

  1.    Central Bank of India
  2.    State Bank of India
  3.    Reserve Bank of India
  4.    Union Bank of India
 Discuss Question
Answer: Option C. -> Reserve Bank of India
The Governor of the Reserve Bank of India Shaktikanta Das launched a new 'SupTech' initiative Daksh.
Question 128.

In order to raise awareness about Central Bank Digital Currency, which bank released a concept note?

  1.    State Bank of India
  2.    Reserve Bank of India
  3.    Central Bank of India
  4.    Asian Development Bank
 Discuss Question
Answer: Option B. -> Reserve Bank of India
The Reserve Bank of India has released a concept note on the Central Bank Digital Currency (CBDC).
Question 129.

Which bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner?

  1.    ICICI Bank
  2.    IndusInd Bank
  3.    Axis Bank
  4.    Bandhan Bank
 Discuss Question
Answer: Option A. -> ICICI Bank
ICICI Bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner.
Question 130.

Which bank launched Contactless Credit Card with the Indian Army?

  1.    Bank of Baroda
  2.    Canara Bank
  3.    Bank of India
  4.    HDFC Bank
 Discuss Question
Answer: Option A. -> Bank of Baroda
BOB financial launches Contactless Credit Card with the Indian Army.

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