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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 951. |
Which bank partnered with IIFL Finance for gold loan origination? |
| Answer» Private-sector lender CSB Bank, formerly Catholic Syrian Bank, today said that it has entered into a partnership with non-banking finance company, IIFL Finance (IIFL) for sourcing and managing retail gold loan assets. Acting as Business Correspondent (BC) of the bank, IIFL will source new business from markets where CSB Bank does not have adequate branch network. IIFL, with its vast branch network, would help CSB Bank penetrate the lower strata of customers and rural areas resulting in scaling up of the customer base. | |
| 952. |
Which bank signed $1 billion loan agreement with JBIC? |
| Answer» State Bank of India (SBI) has signed a loan agreement of up to $1 billion with The Japan Bank for International Cooperation (JBIC). The loan will facilitate the operations of Japanese car companies in India. The financing will assist in Government of India's 'Make in India' initiative. | |
| 953. |
Which bank named Asia's Safest Bank for 12th consecutive year? |
| Answer» DBS Bank today announced that it has been named the 'Safest Bank in Asia' for the 12th consecutive year by New York-based trade publication Global Finance. DBS' rankings as the fourth-safest commercial bank in the world and 14th safest bank globally remain unchanged from 2019 and 2018. | |
| 954. |
Which bank first bank to go live on RBI's 'Account Aggregator Framework'? |
| Answer» IndusInd Bank announced that it has gone live as a 'Financial Information Provider' (FIP) under the new 'Account Aggregator Framework' of the Reserve Bank of India (RBI), making it the first bank in the country to do so. With this, customers can now avail a host of benefits such as viewing statements of their accounts, track deposits, plan investments (such as shares, mutual funds, Insurance, EPF, PPF), avail credit cards, etc. on a single window, thereby empowering them to take informed decisions pertaining to their finances. | |
| 955. |
Which bank launched TMSAC portal and 2020 Vigilance Manual? |
| Answer» As a part of the Vigilance Awareness Week (VAW), the nation's leading public sector bank, Punjab National Bank (PNB), today launched the PNB Tracking & Monitoring Staff Accountability Cases (TMSAC) portal and PNB's 2020 Vigilance Manual. The ceremony was graced by the presence of Suresh N Patel- Vigilance Commissioner, Central Vigilance Commission and P. Daniel - Secretary-in-charge of Central Vigilance Commission along with CH S.S. Malikarjuna Rao - Managing Director and Chief Executive Officer of PNB. | |
| 956. |
Which bank released the migration and development brief report? |
| Answer» On October 30, 2020, the World Bank released the migration and development brief report. According to the report the remittances of India will fall by 9% by the end of 2020. India's remittances will drop down to 76 billion USD due to covid-19 crisis and the Global economic recession . | |
| 957. |
Government of India is to provide Rs 670-cr support to which bank? |
| Answer» In a bid to strengthen capital base, the union government has provided Rs 670 crore to Regional Rural Banks (RRBs) considering their importance in agriculture finance during these difficult times. Of the 43 RRBs, about one-third especially from north-eastern and eastern regions are in losses and they needed fund to meet regulatory capital requirement of 9 per cent, sources said. | |
| 958. |
Which bank has been named as most outstanding company in Indian Financial Sector? |
| Answer» HDFC Bank Ltd. has been voted 'Most Outstanding Company - Financial Sector' in India, in a poll conducted by the well-known publication Asiamoney. Over 824 fund managers, buy-side analysts, bankers and research analysts voted across 12 markets in Asia. More than 4,000 votes were received for publicly listed companies. Asiamoney asks participants in the poll to consider the company's overall performance including its financials, management team, IR activities and CSR initiatives. | |
| 959. |
Which bank became first corporate partner of edX from India to offer Massive Open Online Courses? |
| Answer» The country's largest lender State Bank of India (SBI) on October 28 announced that it has entered into a strategic partnership with trusted global non-profit education platform edX in order to offer its Massive Open Online Courses (MOOCs). | |
| 960. |
Which bank approved USD 132.8 mn loan to improve power distribution in Meghalaya? |
| Answer» The Asian Development Bank (ADB) has approved USD 132.8 million loan to Meghalaya, to improve and upgrade the power distribution network in the state. The fund will help in improving the distribution system & financial sustainability of the Meghalaya Power Distribution Corporation Limited (MePDCL). | |
| 961. |
Which bank launched 'Mine' a comprehensive banking programme? |
| Answer» Private lender ICICI Bank has launched a comprehensive banking programme for its millennial customers, (in the age bracket of 18 years to 35 years ), called 'ICICI Bank Mine'. The 'ICICI Bank Mine' is India's first and unique product launched by the bank to offer a mobile-first, highly personalised and experiential led banking experience to the millennial customers. | |
| 962. |
Which bank partnered with Paytm to launch contactless credit card? |
| Answer» SBI Card and Paytm will launch India's next generation credit cards. The credit card will be available in two variants, Paytm SBI Card and Paytm SBI Card SELECT, the product has been launched on the Visa platform. Paytm SBI Cards completely reimagine the credit card experience by enabling smart app features and providing superior rewards & benefits for its users. | |
| 963. |
Shaktikanta Das Chaired which SAARC Central Bank Governors Meet? |
| Answer» The 40th Meeting of the SAARCFINANCE Governors' Group was held virtually, under the Chairmanship of Shri Shaktikanta Das, Governor, RBI. The meeting was attended by the Governors from SAARC central banks. During the meeting, Mr Das also inaugurated the SAARCFINANCE Sync, a closed user group secure communication network. | |
| 964. |
Which bank is to acquire shares in CSC e-Governance for Rs 36 crore? |
| Answer» Axis Bank has acquired over 57,700 shares in CSC e-Governance Services India Ltd for Rs 36.38 crore, the lender said on Thursday. Axis Bank has executed a pact for subscribing to 57,743 equity shares of a face value of Rs 1,000 each to be issued by CSC e-Governance Services India Ltd at Rs 6,300 per equity share, the lender said in a regulatory filing. | |
| 965. |
Whatsapp partnered with how many Banks for UPI Payment? |
| Answer» WhatsApp has partnered with five Indian banks to process its payment services. These are State Bank of India, HDFC Bank, ICICI Bank, Axis Bank and Jio Payments Bank. The Facebook-owned messaging platform, WhatsApp Inc., has received the approval from the National Payments Corporation of India (NPCI) to launch its Unified Payments Interface (UPI) based payments services in India, to let users send or receive money across the country. | |
| 966. |
Which bank increased Overseas Investment limits for Mutual Funds? |
| Answer» Securities and Exchange Board of India (SEBI) has enhanced the investment limits for Mutual Fund companies for overseas investments. Mutual Funds can make overseas investments subject to a maximum of US $ 600 million per Mutual Fund, within the overall industry limit of US $ 7 billion. Earlier it was USD 300 million. | |
| 967. |
Which bank introduced Employee Assistance Program, a new employee Central initiative to help employees to deal with personal and professional issues in psychological consulting and counselling? |
| Answer» Bank of Baroda (BOB) has introduced Employee Assistance Program, a new employee Central initiative to help employees to deal with personal and professional issues in psychological consulting and counselling. | |
| 968. |
Which bank launched employee-assistance programme? |
| Answer» Bank of Baroda (BoB) has introduced a new employee-centric initiative, called the Employee Assistance Programme, aimed at helping employees deal with personal and professional issues through psychological counselling and consulting. Aware of the importance of workplace counselling, BoB has introduced this as a pilot project in the Mumbai Zone and its corporate office. The initiative uses technology extensively and uses multiple channels of assistance in addition to personal counselling in association with EAP India. | |
| 969. |
Which insurance company launched cancer awareness drive on social media? |
| Answer» Bharti AXA General Insurance has launched #CancerSendsNoNotifications campaign - a special initiative to increase awareness and spread knowledge on detecting the disease early among people in India. You can join the campaign to become aware of the disease by following them on social media platforms. Observing the 'National Cancer Awareness Day', the company has embarked upon this social media campaign comprising a series of activities to be held throughout the month to highlight the significance of increased awareness about cancer prevention and early detection among the public. Through this cancer awareness drive, Bharti AXA aims to engage with close to a million Indians on Facebook, Instagram and LinkedIn. | |
| 970. |
Which bank partnered with Bharti Axa General Insurance to offer car insurance? |
| Answer» Airtel Payments Bank has announced Smart Drive Private Car Insurance in association with Bharti Axa General Insurance. As per the company, the insurance offers financial protection against damage to the vehicle due to accident, theft, and natural and man-made disasters. It also compensates for injury or damages to another person or property caused due to a car accident. | |
| 971. |
Which bank launched contactless RuPay National Common Mobility Card? |
| Answer» Mangalore-based Karnataka Bank has launched a new indigenous Rupay debit card- National Common Mobility Debit Card (NCMC) in line with the vision of the Ministry of Housing and Urban Affairs. Equipped as an international Contact-less, it is a debit cum prepaid and inter-operable transport card. Mahabaleshwara M S, Managing Director & CEO of the Bank while inaugurating the pilot launch of the RuPay NCMC card- 'One Nation One Card' said that "this is Bank's first-ever Contactless debit card and is expected to change the banking paradigm to a great extent, especially in retail payments by its unique features of 'Tap & Go' and 'Offline wallet' payments." | |
| 972. |
Which bank launched SmartHub Merchant Solutions 3.0 for SMEs? |
| Answer» HDFC Bank has announced the launch of "SmartHub Merchant Solutions 3.0" for Small and mid-size enterprises. This solution allows merchants and self-employed professionals to instantly open a current account and start accepting payments in-store, online, and on-the-go. | |
| 973. |
Which bank become India's first bank to launch cardless EMI facilities? |
| Answer» ICICI Bank is the first in the industry to introduce a fully digital, cardless EMI facility at retail stores. ICICI Bank has tied up with Pine Labs to offer this facility across pan-India outlets of leading retailers | |
| 974. |
Recently which bank launched National Common Mobility Debit Card? |
| Answer» Karnataka Bank Ltd has launched National Common Mobility Debit Card. The bank said this Rupay card is a contactless debit-cum-prepaid and interoperable transport the users can make payments without inserting the card at PoS terminals. Payments can be made at toll plazas, metro transits, parking lots, retail outlets and smart cities | |
| 975. |
On which bank The Reserve Bank of India has imposed a penalty of Rs 1 crore? |
| Answer» The Reserve Bank of India has imposed a penalty of Rs 1 crore on Punjab National Bank for violating the Payment and Settlement Systems Act, 2007, the state-run lender said. Punjab National Bank was operating a bilateral ATM-sharing arrangement with Druk PNB Bank Ltd., Bhutan, since April 2010 without prior approval or authorization from India's banking regulator RBI imposed the Rs 1 crore penalty for "contravention of the nature referred to in Section 26 (6) of the Payment and Settlement Systems Act, 2007. | |
| 976. |
To increases awareness on cyber fraud, which bank launched Mooh Band Rakho campaign? |
| Answer» HDFC Bank Ltd. launch the "Mooh Band Rakho," campaign to increase awareness on cyber frauds and preventing them. The Bank will be conducting 1,000 workshops in the next 4 months across the country. | |
| 977. |
Which bank has launched CASA mobilization campaign? |
| Answer» Karnataka Bank launched CASA campaign of FY21, a nationwide savings and current account mobilization campaign starting from November 17, 2020 to March 4, 2021. | |
| 978. |
The RBI has proposed merging financially troubled lakshmivilas bank with which bank? |
| Answer» The Reserve Bank has proposed merging Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL). DBIL will inject Rs 2,500 crore into the merged entity to support its financial position. | |
| 979. |
Which financial institute approved $50 million policy based loan to boost West Bengal's digital platform? |
| Answer» The Asian Development Bank has approved a $50 million policy-based loan to improve operational efficiencies and resource planning and management in India's eastern state of West Bengal. | |
| 980. |
Which bank has released a new book titled 'Future of Regional Cooperation in Asia and the Pacific'? |
| Answer» The Asian Development Bank (ADB) has released a new book titled 'Future of Regional Cooperation in Asia and the Pacific'. | |
| 981. |
Which bank has become world's first central bank to gain 1 million follower's on twitter? |
| Answer» The Reserve Bank of India has become the first monetary authority in the world to have more than one million followers on its official Twitter handle. | |
| 982. |
Which bank collaborated with PNB MetLife India to launch Pradhan Mantri Jeevan Jyoti BimaYojana? |
| Answer» India Post Payments Bank (IPPB) has collaborated with PNB MetLife India Insurance Company Limited to launch Pradhan Mantri Jeevan Jyoti Bima Yojana. | |
| 983. |
ICICI Bank and which bank signed MOU to support small & medium sized enterprises and start-ups? |
| Answer» HDFC Bank and ICICI Bank signed MOU to support small and medium enterprises (SMEs) and start-ups ICCI (Inventivepreneur Chamber of Commerce and Industries). | |
| 984. |
Which bank in partnership with Worldline launched SMS Pay Functionality on POS terminals? |
| Answer» YES BANK announced the launch of SMS Pay functionality on POS terminals in partnership with Worldline, enabling merchants to accept contactless and remote payments from their customers. | |
| 985. |
After Reliance Industries and TCS, which firm has crossed the Rs 8 lakh crore mark? |
| Answer» HDFC Bank's market capitalization has crossed the Rs 8-lakh-crore mark after Reliance Industries and TCS. | |
| 986. |
Which bank has launched SBI RuPay JCB Platinum Contactless Debit Card? |
| Answer» SBI has partnered with NPCI and Japan's JCB International Co for unveiling new 'SBI RuPay JCB Platinum Contactless Debit Card'. | |
| 987. |
Which bank became designated bank for all financial transaction under NHM in WB? |
| Answer» ICICI Bank has won the mandate to be the designated bank for all financial transactions under National Health Mission (NHM) in West Bengal. | |
| 988. |
What is the repo rate as kept by Reserve Bank of India? |
| Answer» The Reserve Bank of India has kept the repo rate unchanged at 4%. Repo rate is the rate at which RBI lends to banks. | |
| 989. |
Which bank has launched payments and banking service app iMobile Pay? |
| Answer» ICICI Bank launches iMobile Pay app for payment and banking services. | |
| 990. |
Which bank has a partnership with Rupifi and Visa to launch "Rupifi Business Credit Card" for MSMEs? |
| Answer» Axis Bank Ltd. in partnership with Rupifi and Visa launched 'Axis Bank Rupifi Business Credit Card' for MSMEs. | |
| 991. |
Which bank has launched Kirishi Overdraft scheme? |
| Answer» The Dharwad-headquartered regional rural bank, Karnataka Vikas Grameen Bank (KVGB), has launched an overdraft facility for farmers. | |
| 992. |
The RTGS system of transaction will be made available round the clock, with effect from which day? |
| Answer» It has been decided to make RTGS available round the clock on all days of the year with effect from December 14, 2020. | |
| 993. |
NBCFDC and NSFDC have signed MoA with which bank to implement VISHWAS Yojana? |
| Answer» NBCFDC, NSFDC signed MoA with Central Bank of India to implementVanchitIkaiSamoohaurVargonkiAarthikSahaytaYojana. | |
| 994. |
Which bank has launched Atmanirbhar Women Scheme? |
| Answer» Bank of Baroda has launched the Atmanirbhar Women Scheme. Under the scheme, the bank is offering loans at 0.50 per cent concession for women. | |
| 995. |
Which company has partnered with Yes Bank to launch Yes Privet Prime Credit Card for India's affluent and ultra HNIWs? |
| Answer» MasterCard has partnered with Yes Bank to launched Yes Privet Prime Credit Card for India's affluent and ultra HNIWs. | |
| 996. |
Which bank has launched 3 in 1 account for their customer? |
| Answer» Equitas Small Finance Bank has launched a 3-in-1 account, which includes savings, trading and demat, to widen its product offerings and allows its customers to keep their banking and financial investments under one umbrella entity. | |
| 997. |
Which bank has launched its first metal credit card Pioneer Heritage in partnership with MasterCard? |
| Answer» IndusInd Bank is partnership with Mastercard has announced the launch of its first metal credit card - 'PIONEER Heritage' for the Bank's ultra-high net worth segment of customers. | |
| 998. |
The Asian Development Bank announced how much amount for APVAX? |
| Answer» The Asian Development Bank (ADB) launched a $9 billion initiative that will help its developing member economies to procure and deliver corona virus vaccines. | |
| 999. |
On which bank RBI imposes a penalty of Rs 10 lakh? |
| Answer» The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 10 lakh on HDFC Bank. | |
| 1000. |
Which bank has partnered with Haqdarshak to help Indian MSME to recover from COVID-19 pandemic? |
| Answer» DBS Bank has partnered with Haqdarshak to help Indian MSME to recover from COVID-19. | |