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.
| 1251. |
As per RBI, what will be the maximum limit of cash withdrawal per transaction via Pos machine? |
| Answer» The RBI has increased the limit of cash withdrawal from Points of Sale terminals using debit cards and open system prepaid cards to Rs 2000 per transaction within an overall monthly limit of Rs. 10,000 across all locations. | |
| 1252. |
Which bank has launched a new loan product named 'Kavach Personal Loan? |
| Answer» The SBI has launched a new loan product 'Kavach Personal Loan' to provide financial relief to its customers who are facing economic crises due to covid related treatment costs. | |
| 1253. |
The Global Liveability Index is released by which entity? |
| Answer» The Global Livability Index 2021 is released by the Economist's Intelligence Unit to rank 140 cities globally to measure the quality of life of the people, based on the challenges presented to an individual's lifestyle in the past year. | |
| 1254. |
Which bank has launched the digital LPS for MSME and Agri Products? |
| Answer» The IDBI Bank has announced the launch of its fully digitized loan processing system, offering over 50 products to MSME and agriculture sector. | |
| 1255. |
Which bank has launched the digital platform 'Merchant Stack' to provide banking services to retail merchants? |
| Answer» The ICICI Bank has launched the digital platform 'Merchant Stack' to provide banking services to retail merchants. | |
| 1256. |
The DigiGold is a digital platform to enable investments in gold through digital mode. The platform has been launched by which bank? |
| Answer» The Airtel Payments Bank has launched "DigiGold", a digital platform for making investments in gold by its customers. | |
| 1257. |
What is the name of the account, a bank holds on behalf of another, often a foreign bank? |
| Answer» Vostro account is the name of the account that a bank holds on behalf of another, often a foreign bank. | |
| 1258. |
Which payment bank has conducted the First Floating Financial Literacy Camp of India called "Niveshak Didi" in Jammu and Kashmir's Srinagar? |
| Answer» India Post Payments Bank (IPPB) has conducted the First Floating Financial Literacy Camp of India in Jammu and Kashmir's Srinagar. | |
| 1259. |
Which bank has pledged to become carbon neutral by 2031-32? |
| Answer» The HDFC Bank has announced its plans to become carbon neutral by 2031-32. | |
| 1260. |
As per RBI, the limits for foreign portfolio investors during the current fiscal in G-secs will remain unchanged at what percent? |
| Answer» The RBI said the limits for FPI investment during the current fiscal in G-secs and State Development Loans will remain unchanged at 6 per cent and 2 per cent respectively. | |
| 1261. |
The Reserve Bank has cut GDP growth forecast for FY 2021-22 to how much? |
| Answer» The RBI has cut its real GDP growth forecast for the current financial year 2021-2022 to 9.5 percent. | |
| 1262. |
Which bank has topped the Forbes Worlds Best Banks 2021 in India? |
| Answer» The DBS Bank has ranked 1 out of 30 domestic and international banks in India for the second consecutive year. | |
| 1263. |
As per RBI annual report, banks' bad loan ratio could rise to how much percentage by September 2021? |
| Answer» In its semi-annual financial stability report, RBI had earlier said that the bad loan ratio of banks could rise to 13.5% under the baseline stress scenario by September 2021. | |
| 1264. |
What amount of monetary penalty has been imposed by RBI on the HDFC Bank? |
| Answer» The Reserve Bank of India has imposed a fine of Rs 10 crore on HDFC Bank for deficiencies in regulatory compliance found in the auto loan portfolio of the bank. | |
| 1265. |
Which Small Finance Bank has become the 1st SFB to offer online account opening to the NRIs? |
| Answer» The Equitas Small Finance Bank has now become the first Small Finance Bank to offer its NRI customer segment the ease of account opening online. | |
| 1266. |
Which Indian bank has joined hands with NPCI to link its digital wallet Pockets with UPI ID? |
| Answer» The Private sector lender ICICI Bank has launched a unique facility, which allows linking a UPI ID with its digital wallet, 'Pockets'. | |
| 1267. |
The LIC hiked its stake to 5.06% in which bank? |
| Answer» The LIC has hiked its stake to 5.06% in state-run Union Bank of India with acquisition of nearly 2% additional stake in the bank. | |
| 1268. |
Vishwavir Ahuja has been re-appointed as the MD & CEO of which bank by RBI till June 2022? |
| Answer» The RBI has approved the re-appointment of Vishwavir Ahuja as the MD and CEO of private lender RBL Bank for further period of one year. | |
| 1269. |
The HDFC Bank has become carbon neutral by which year? |
| Answer» Ahead of the World Environment Day on June 5, the private sector lender HDFC Bank has announced its plans to become carbon-neutral by 2031-32. | |
| 1270. |
The RBI has approved the three-year re-appointment of Girish Chandra Chaturvedi as the part-time Chairman of which bank? |
| Answer» Girish Chandra Chaturvedi as the part-time Chairman of ICICI Bank for a period of three years with effect from July 1, 2021. | |
| 1271. |
The Union Bank of India has launched "UNI - CARBON CARD". It is a co-branded credit card on the Rupay platform of NPCI for which company? |
| Answer» The Union Bank of India has launched "UNI - CARBON CARD", an HPCL co-branded credit card on the Rupay platform of NPCI. | |
| 1272. |
Which bank has issued the first-ever foreign portfolio investor license to the GIFT IFSC alternative investment fund of True Beacon Global? |
| Answer» The Kotak Mahindra Bank has issued the first-ever foreign portfolio investor license to the GIFT IFSC alternative investment fund of True Beacon Global. | |
| 1273. |
Which bank has launched digital banking solutions for its corporate customers named SmartServe? |
| Answer» The HSBC India has launched digital banking solutions for its corporate customers. | |
| 1274. |
Which has now become the first Small Finance Bank to offer its NRI customer segment the ease of account opening online? |
| Answer» The Equitas Small Finance Bank has now become the first Small Finance Bank to offer its NRI customer segment the ease of account opening online. | |
| 1275. |
Mahindra Rural Housing Finance signed an agreement with which bank for cash management solutions? |
| Answer» The Mahindra Rural Housing Finance and India Post Payments Bank announced a strategic partnership for cash management solution. | |
| 1276. |
The RBI has cancelled the license of United cooperative Bank Limited based in which state? |
| Answer» The Reserve Bank of India has cancelled the licence of United Co-operative Bank Ltd, Bagnan, West Bengal, as it does not have adequate capital and earning prospects. | |
| 1277. |
The IRDAI Slapped Rs 24 Lakh Penalty on which company for Violating Advertisement Norm? |
| Answer» The Insurance sector regulator Irdai has slapped a fine of Rs 24 lakh on policy aggregator Policybazaar for violating advertisement norms with regard to SMS sent to customers last year about increase in term insurance policy premiums. | |
| 1278. |
As per the data released by the Reserve Bank of India, the country's foreign exchange reserves crossed how much Mark? |
| Answer» The country's foreign exchange reserves crossed the USD 590 billion mark on the week ended 14th March. In terms of rupee, it is 43,24,574 crores. | |
| 1279. |
Which bank has launched a range of wearable contactless payment devices under the brand Wear 'N' Pay? |
| Answer» The Axis Bank has launched a range of wearable contactless payment devices under the brand Wear 'N' Pay. | |
| 1280. |
Which NBFC has received approval from RBI to take over PMC bank and re-launch it as a Small Finance Bank? |
| Answer» The RBI has approved Centrum Financial Services Limited which will take over the Punjab & Maharashtra Co-operative Bank Ltd., Mumbai (PMC), and re-launch it as a Small Finance Bank. | |
| 1281. |
Which bank launched FEDDY, an Artificial Intelligence-powered virtual assistant to help customers with banking-related queries anytime? |
| Answer» The Federal Bank launched FEDDY, an Artificial Intelligence-powered virtual assistant to help customers with banking-related queries anytime. | |
| 1282. |
LIC Cards Services has launched a contactless prepaid gift card, 'Shagun', in collaboration with which bank? |
| Answer» The LIC Cards Services has launched a contactless prepaid gift card, 'Shagun', in collaboration with IDBI Bank on the RuPay platform. | |
| 1283. |
The RBI has barred which of these global card players from onboarding new domestic customers on its network from July 22, 2021? |
| Answer» The RBI has barred global card player Mastercard Asia/Pacific Pte Ltd from onboarding new domestic customers on its network with effect from July 22, 2021, over non-compliance with local data storage regulations. | |
| 1284. |
Shyam Srinivasan has been re-appointed as the CEO of which bank for a period of three years? |
| Answer» The Federal Bank has received approval from the RBI to re-appoint Shyam Srinivasan as its MD and CEO for three years. | |
| 1285. |
Which bank has launched the 'Ghar Ghar Ration' programme an employee-led initiative for its low-income customers, affected by Covid-19? |
| Answer» The IDFC First Bank has launched a unique Employee-funded program called 'Ghar Ghar Ration' for its low-income customers who were affected by Covid-19. | |
| 1286. |
The E-Pgs Is A New Centralized Web-Based Work-Flow-Based It Platform, Launched By which Organization for its Group Business Operations? |
| Answer» The Life Insurance Corporation of India has launched a new platform for its group business operations, under the name 'e-pgs'. | |
| 1287. |
According to Bank for International Settlements, what is India's bank credit-to-GDP ratio growth percentage in 2020? |
| Answer» Notwithstanding incremental credit growth plunging to a 59-year low at 5.56 per cent in FY21, the bank credit-to-GDP ratio rose to a five-year high of a little over 56 per cent in 2020. | |
| 1288. |
RBL bank has tied with which one to issue credit cards? |
| Answer» RBL Bank has tied up with Visa Worldwide (Visa) to issue credit cards enabled on the Visa payment network. The bank had to tie up with Visa since Mastercard cannot onboard any new domestic customers. | |
| 1289. |
Which bank has launched the 'Pay Your Contact' payment feature to enable its customers to send money using the beneficiary's mobile number? |
| Answer» The Kotak Mahindra Bank has launched an innovative payment feature called 'Pay Your Contact', for its customers, on its mobile banking app. | |
| 1290. |
Which type of bank has been established as a means of cleaning up bank books? |
| Answer» As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL). | |
| 1291. |
Which bank has selected "Paisalo Digital" as the National Corporate Business Correspondent of the Bank? |
| Answer» State Bank of India (SBI) has selected "Paisalo Digital" as the National Corporate Business Correspondent of the Bank for financial inclusion by providing banking services through kiosks. | |
| 1292. |
The government of India has signed a loan agreement with which Bank to develop the Green National Highway Corridor? |
| Answer» The government has signed a loan agreement with the World Bank to develop the Green National Highway Corridor. | |
| 1293. |
Bank of Maharashtra has signed an MoU with which bank to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra? |
| Answer» Bank of Maharashtra and the National Bank for Agriculture & Rural Development (NABARD) has signed a Memorandum of Understanding (MoU). The MoU is to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra. | |
| 1294. |
Which bank has launched FEDDY to help customers with banking-related queries anytime? |
| Answer» The Federal Bank has launched "FEDDY", an Artificial Intelligence-powered virtual assistant to help customers with banking-related queries anytime. | |
| 1295. |
RBI has imposed a monetary penalty of what amount on Bengaluru-based Hewlett-Packard Financial Services Private Ltd.? |
| Answer» The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 6 lakh on Bengaluru-based Hewlett-Packard Financial Services (India) Private Ltd. | |
| 1296. |
Which bank has been honoured as the global winner for Most Innovative in Digital Banking? |
| Answer» DBS has been honoured as the global winner for Most Innovative in Digital Banking by Financial Times publication, The Banker, in its 2021 Innovation in Digital Banking Awards. | |
| 1297. |
Reserve Bank of India has imposed a penalty of how much on Janalaxmi Co-operative Bank? |
| Answer» Reserve Bank of India has imposed a penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank, Nashik for non-compliance with certain regulatory requirements. | |
| 1298. |
LIC Cards Services restricted (LIC-CSL) has partnered with which bank to launch 'Lumine' noble metal Mastercard? |
| Answer» LIC Cards Services restricted (LIC-CSL) has partnered with IDBI Bank to launch 'Lumine' noble metal Mastercard and 'Eclat' choose MasterCard on the RuPay platform. | |
| 1299. |
Which bank was empanelled by the RBI to act as an associate degree 'Agency Bank'? |
| Answer» The IndusInd Bank was empanelled by the RBI to act as an associate degree 'Agency Bank'. | |
| 1300. |
Which bank has signed an MoU with the Paralympic Committee of India (PCI) as one of the banking partners of the Paralympic Games? |
| Answer» Public sector Indian Bank has signed an MoU with the Paralympic Committee of India (PCI) as one of the banking partners of the Paralympic Games scheduled to commence from August 24 in Tokyo, Japan. | |