InterviewSolution
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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.
| 1101. |
Which bank has approved an eight thousand crore rupee for bond borrowing? |
| Answer» The IDBI Bank Board has Approved Rs 8,000 Crore Bond Borrowing Limit For FY22. | |
| 1102. |
RBI has extended the timeline for processing recurring online transactions. What is the new timeline to adhere to the rules? |
| Answer» The Reserve Bank of India has extended the timeline for processing recurring online transactions by 6 months to September 30, 2021. | |
| 1103. |
The Reserve bank of India lowered the base rate by how many basis points to 7.81 percent? |
| Answer» The Reserve bank of India lowered base rate by 15 basis points or by 0.15 percent to 7.81 per cent. | |
| 1104. |
The State Bank of India raised how much amount from Japan Bank for International Cooperation? |
| Answer» The State Bank of India has raised $1 billion from Japan Bank for International Cooperation (JBIC) to extend loans to supply chain of Japanese automobile industry in India. | |
| 1105. |
Which bank has tied up with Tide India to provide banking infrastructure for Tide's India platform focused on the SME segment? |
| Answer» The RBL Bank ties-up with Tide India, part of Tide UK, UK's leading business banking fintech, to provide banking infrastructure for Tide's India platform focused on the SME segment. | |
| 1106. |
Which bank has joined hands with nStore to digitize offline retailers and small businesses in the country? |
| Answer» The Ujjivan Small Finance Bank said that it has joined hands with nStore to digitize offline retailers and small businesses in the country. | |
| 1107. |
NBBL is a newly set up entity formed on April 01, 2021, to run the Bharat Bill Payment System business. The NBBL is a wholly-owned subsidiary of which bank? |
| Answer» The National Payments Corporation of India has transferred all its BBPS transaction business to NPCI Bharat BillPay Limited (NBBL), a wholly-owned subsidiary of NPCI. | |
| 1108. |
Which bank has become the first bank to partner with PhonePe to issue FASTags? |
| Answer» The ICICI Bank has become the first bank to partner with PhonePe for the issuance of FASTag. | |
| 1109. |
When will RBI Governor announce the bi-monthly monetary policy? |
| Answer» The Reserve Bank of India's Governor Shaktikanta Das is scheduled to announce the bi-monthly monetary policy at 10 am on April 7, 2021. | |
| 1110. |
Which bank has recently became co-promoter of Max Life Insurance Company? |
| Answer» The Axis Bank Ltd said that it has become co-promoters of Max Life Insurance Company Limited, after completion of the acquisition of 12.99% stake collectively by the Axis Entities in the company. | |
| 1111. |
RBI projected India's real GDP growth for 2021-22 at how much percent in its monetary policy? |
| Answer» The projection of real GDP growth for 2021-22 is retained at 10.5 per cent. | |
| 1112. |
The RBI fixed average base rate at what percent for NBFCs and MFIs? |
| Answer» According to the Reserve Bank, the average base rate that's charged by NBFC-MFIs from borrowers for the next quarter will be 7.81 per cent. | |
| 1113. |
Centre has cleared how much advance payment to Serum Institute and Bharat Biotech without bank guarantee? |
| Answer» The Union Government has reportedly decided to offer an advance payment of over Rs 4,500 crore to the Serum Institute of India (SII) and Bharat Biotech to secure future supplies of Covid-19 vaccines. | |
| 1114. |
Which finance institution will periodically publish a Financial Inclusion Index? |
| Answer» The Reserve Bank of India will be constructing and periodically publishing a "Financial Inclusion Index". | |
| 1115. |
Which asset management company has become the first in India to cross the Rs. 5 lakh crore average assets under the management mark? |
| Answer» The SBI Funds Management Pvt. Ltd has informed that it has become the first mutual fund house in India to cross the Rs. 5 lakh crore average assets under management mark. | |
| 1116. |
Which organization has launched the first of its kind online dispute resolution handbook in India? |
| Answer» The NITI Aayog launched the first-of-its kind Online Dispute Resolution (ODR) handbook in India. | |
| 1117. |
The 'Rewards123' is a digital Savings account launched by which bank? |
| Answer» The Airtel Payments Bank has launched a new savings account called 'Rewards123' with a special feature. | |
| 1118. |
The Axis Bank and its subsidiaries have recently acquired what percent of stake in the Max Life Insurance Company to become its co-promoters? |
| Answer» The Axis Bank along with its subsidiaries, Axis Capital and Axis Securities, have completed the acquisition of 12.99 percent stake in the Max Life Insurance Company. | |
| 1119. |
Which bank will raise up to Rs 50,000 crore during the next 12 months through issuing bonds? |
| Answer» HDFC Bank said it is planning to raise up Rs 50,000 crore during the next 12 months through issuing bonds. The bank's board of directors will take up the proposal at its meeting on April 17, it said in a regulatory filing. | |
| 1120. |
Which Indian financial body has announced to set up Regulations Review Authority (RRA 2.0) from May 01, 2021, for one year? |
| Answer» The Reserve Bank of India (RBI) will be set up a new Regulations Review Authority (RRA 2.0) from May 1, 2021. | |
| 1121. |
Which bank executed its first trade borrowing transaction linked to SOFR? |
| Answer» The Private sector lender Yes Bank has executed its first Secured Overnight Financing Rate (SOFR) linked transaction. | |
| 1122. |
Which organization has rolled out Rs. 10,000-crore 'Special Refinance Facility-2021' (SRF-2021) to provide short-term refinance support to housing finance companies (HFCs)? |
| Answer» The National Housing Bank (NHB) has rolled out a Rs. 10,000-crore 'Special Refinance Facility-2021' (SRF-2021) to provide short term refinance support to housing finance companies (HFCs) and other eligible Primary Lending Institutions (PLIs). | |
| 1123. |
IRDAI has notified the extension of its sandbox regulations by how many years? |
| Answer» The Insurance Regulatory and Development Authority of India (Irdai) notified the extension of its sandbox regulations by another two years to enable the completion of the experiment of the existing sandbox proposals and also to allow new sandbox proposals for the experiment. | |
| 1124. |
SwitchON Foundation has partnered with which bank for the promotion of solar pumps? |
| Answer» The sun shines brighter for small and marginal farmers in India as SwitchON Foundation has partnered with Punjab National Bank for the promotion of solar pumps. | |
| 1125. |
The 'Pay by Bank App' has been launched by which bank in partnership with Mastercard? |
| Answer» The Mumbai-based private lender RBL bank has partnered with Mastercard to launch a mobile app called "Pay by Bank App ". | |
| 1126. |
Which bank announced to exit operations from India and 12 other countries? |
| Answer» The Citigroup has announced that it will exit the retail banking business in India and 12 other countries. | |
| 1127. |
Murali M. Natrajan has been re-appointed as the Managing Director & CEO of which bank? |
| Answer» The RBI has approved the re-appointment of Murali M. Natrajan as the Managing Director & CEO of private sector lender, DCB Bank, for further period of one year. | |
| 1128. |
Which payment bank has become the 1st to enable Rs.2 lakh day end balance account limit? |
| Answer» The Airtel Payments Bank is now the first payments bank in the country to enable an amount of ? 2 lakh of day-end account balance limit. | |
| 1129. |
What is the revised GDP growth rate projection for India in FY22 by SBI Research? |
| Answer» The State Bank of India (SBI) Research has revised India's GDP growth rate for FY22 (2021-22) to 10.4%. | |
| 1130. |
RBI has approved the appointment of Atanu Chakraborty as the part-time Chairman of which bank? |
| Answer» The RBI has approved the appointment of former Economic Affairs Secretary, Atanu Chakraborty, as the part time chairman and additional independent director of the private sector lender HDFC Bank. | |
| 1131. |
RBI has allowed banks to pay dividends on equity shares for FY21 up to a maximum of what percent of the prescribed dividend payout ratio? |
| Answer» The new notification of RBI allows commercial banks to pay dividends not more than 50 percent of the amount determined as per the dividend payout ratio prescribed. | |
| 1132. |
Mastercard and which bank has come together to launch the Worlds 1st QR on Card Program ConQR? |
| Answer» The Mastercard and BOB Financial Solutions Limited (BFSL) has come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR. | |
| 1133. |
Which bank mandated complete information for money transfers to curb money laundering and terrorism financing? |
| Answer» RBI mandated complete information for money transfers to curb money laundering and terrorism financing. | |
| 1134. |
Which bank released the 'Currency and Finance 2022-23' report? |
| Answer» The RBI released the 'Currency and Finance 2022-23' report. | |
| 1135. |
Which bank and organization launched G20 TechSprint, a global technology competition? |
| Answer» The Reserve Bank of India (RBI) and the Bank for International Settlements (BIS) launched G20 TechSprint, a global technology competition. | |
| 1136. |
As per the latest instruction issued by RBI, what is the cap imposed on the tenure that an incumbent MD/CEO or a Whole-time Director of a private sector bank can have? |
| Answer» The Reserve Bank of India (RBI) has capped the tenure of Managing Director and Chief Executive (MD & CEO) of commercial banks to 15 years. | |
| 1137. |
The New development Bank has issued how much amount of benchmark bond? |
| Answer» The NDB priced its 5-year USD 1.5 billion benchmark bond. This transaction is the third USD benchmark bond offering of the Bank in the international markets. | |
| 1138. |
'Fincluvation' is a financial inclusion initiative launched by which bank? |
| Answer» The India Post Payments Bank (IPPB) has launched an initiative called Fincluvation, as a part of the occasion of the Azadi ka Amrit Mahotsav to celebrate the 75th anniversary of Indian Independence. | |
| 1139. |
Which bank directed Urban Cooperative Banks to eliminate honorary positions within one year? |
| Answer» The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority. | |
| 1140. |
Which bank has launched the digital and contactless banking platform Merchant Stack? |
| Answer» The ICICI Bank has launched digital platform 'Merchant Stack' to target over 2 crore retail merchants in the country. | |
| 1141. |
Axis Bank Board classified which company as a 'public shareholder' of Axis Bank from being a 'promoter'? |
| Answer» Public sector insurer The New India Assurance Co Ltd (NIACL) has been reclassified as a 'public shareholder' of Axis Bank from being a 'promoter' earlier. | |
| 1142. |
The finance ministry has decided to give how much amount to States as interest-free 50-year loan for spending on capital projects? |
| Answer» The Finance Ministry has decided to provide an additional amount of upto 15 thousand crore rupees to States as interest free 50 year loan for spending on capital projects. | |
| 1143. |
The RBI has imposed a penalty of how much amount on ICICI Bank for violating prudential norms in the matter of shifting of securities from one category to another? |
| Answer» The RBI has imposed a monetary penalty of Rs. 3 crore on the ICICI Bank Ltd. for non-compliance with certain RBI directions in the matter of shifting of securities from one category to another. | |
| 1144. |
The RBI has imposed a monetary penalty of Rs.3 crore on which bank? |
| Answer» The RBI has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks. | |
| 1145. |
How much amount has been allocated by the RBI towards special on-tap liquidity facility announced for banks to the second wave of Covid-19? |
| Answer» The RBI Governor Shaktikanta Das has announced a Covid-19 healthcare package of Rs 50,000 crore to entities for access to emergency health security during the second wave of Covid-19. | |
| 1146. |
What amount of liquidity support has been announced by the RBI for the small finance banks under a special long-term repo operations to lend to MFIs amid COVID-19 crises? |
| Answer» A special long-term repo operations has been announced for small finance banks worth Rs 10,000 crore under a special long-term repo operations to lend to MFIs amid COVID-19 crises | |
| 1147. |
RBI capped aggregate exposure of NBFCs which are in the upper layer toward one entity at what percent of the capital base? |
| Answer» The RBI capped aggregate exposure of NBFCs which are in the upper layer toward one entity at 20% of the capital base. | |
| 1148. |
RBI has imposed how much monetary penalty on Manappuram Finance Limited for non-compliance with Know Your Customer? |
| Answer» RBI imposed a Rs 17.63 lakh monetary penalty on Manappuram Finance for non-compliance with KYC, and PPI norms. | |
| 1149. |
The RBI has constituted a committee to assist the RRA 2.0 to streamline regulations and reduce the compliance burden of regulated entities. Who will head the committee? |
| Answer» The RBI has constituted committee headed by SBI Managing Director S Janakiraman, the advisory group will assist the RRA 2.0 by identifying regulations, guidelines, and returns that can be rationalised. | |
| 1150. |
The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The Lakshmi Vilas Bank was merged with which bank? |
| Answer» The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The move was taken after the crisis-ridden Lakshmi Vilas Bank was merged with DBS Bank India Ltd. | |