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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.
| 1301. |
National Fisheries Development Board has entered into an MoU with which bank? |
| Answer» National Fisheries Development Board (NFDB) has entered into an MoU with Punjab National Bank, the premier Bank in the country, to extend financial assistance through the Bank. | |
| 1302. |
Which bank has crossed over one million customers on its WhatsApp banking channel? |
| Answer» Axis Bank has crossed the milestone of over one million customers on its WhatsApp banking channel with a total request count of 6 million till now. | |
| 1303. |
SBI General Insurance announced a tie-up with which one to increase insurance penetration in the rural markets? |
| Answer» SBI General Insurance, one of India's leading General Insurance companies, announced a tie-up with SahiPay to increase insurance penetration in the rural markets. | |
| 1304. |
Which bank enters into partnership with Dhanvarsha Finance Ltd (DFL) to offer loans against gold ornaments? |
| Answer» Central Bank of India (CBoI) has entered into a strategic co-lending partnership with Dhanvarsha Finvest Ltd (DFL) to offer loans against gold ornaments under priority sector to Micro, Small and Medium Enterprise (MSME) borrowers at competitive rates. | |
| 1305. |
Which bank has approved a USD 300 million loans for rural connectivity project in Maharashtra? |
| Answer» Asian Development Bank has approved a USD 300 million loans as additional financing for the ongoing Maharashtra Rural Connectivity Improvement Project that is upgrading rural roads and connecting remote areas with markets. | |
| 1306. |
The Indian Navy has inked an MoU with which bank to initiate 'Honour FIRST'? |
| Answer» The Indian Navy has inked a Memorandum of Understanding (MoU) with the Infrastructure Development Finance Company (IDFC) FIRST Bank to initiate 'Honour FIRST', a premium banking solution for serving personnel and veterans of the Indian Navy. | |
| 1307. |
RBI has raised the limit for collateral-free loans to Self-Help Groups (SHG) from Rs. 10 lakhs to what amount under DAY-NRLM? |
| Answer» The Reserve Bank of India has raised the limit for collateral-free loans to Self-Help Groups (SHG) under the DAY-NRLM (Deendayal Antyodaya Yojana - National Rural Livelihoods Mission) from Rs. 10 lakhs to Rs. 20 Lakhs. | |
| 1308. |
Which bank has agreed to a USD 100 million line of credit to Mauritius for procurement of defence items from India? |
| Answer» The Export-Import Bank of India (Exim Bank) has agreed in a USD 100 million line of credit to Mauritius for procurement of defence items from India, | |
| 1309. |
According to DICGC Bill, the account holders are expected to get up to Rs.5 lakh within how many days of the RBI imposing a moratorium on their banks? |
| Answer» The Lok Sabha passed a bill that provides account holders security of their money by allowing access to up to Rs 5 lakh within 90 days of a bank coming under a moratorium imposed by RBI. | |
| 1310. |
BharatPe has partnered with which bank to launch its point of sale (PoS) business 'BharatSwipe'? |
| Answer» Axis Bank has partnered with BharatPe for the point of sale (PoS) business of BharatPe named BharatSwipe. | |
| 1311. |
Which bank has launched the first-ever floating ATM on a Houseboat in Dal Lake of Srinagar? |
| Answer» The State Bank of India (SBI) has opened a floating ATM on Dal Lake in Srinagar, Jammu and Kashmir. | |
| 1312. |
Which bank has partnered with Visa to offer credit cards to its customers? |
| Answer» Yes Bank has partnered with Visa to offer credit cards to its customers, following the regulatory ban on Mastercard by RBI. | |
| 1313. |
PayPoint India has entered into a partnership with which bank to provide banking services? |
| Answer» In a major push towards financial inclusion, PayPoint India has entered into a partnership with one of India's leading banks, Bank of Baroda (BoB) to provide banking services across the country through the Business Correspondent (BC) model. | |
| 1314. |
The Reserve Bank of India has announced an increase in the incentives given to commercial banks for the distribution of coins per bag. What will be the new incentive per bag? |
| Answer» The Reserve Bank of India has increased the incentive that it gives to the banks for the distribution of coins over the counter from Rs 25/bag to Rs 65/bag of coin. | |
| 1315. |
Which bank has announced its partnership with leading payments company Paytm? |
| Answer» HDFC Bank has announced its partnership with leading payments company Paytm, to offer co-branded credit cards on the Visa platform to businesspersons, millennials and merchants. | |
| 1316. |
What is the enhanced maximum per transaction limit for online fund transfer under the Indo-Nepal Remittance Facility Scheme, as per RBI? |
| Answer» The Reserve Bank of India has increased the limit of fund transfer under the Indo-Nepal Remittance Facility Scheme from Rs 50,000 per transaction to Rs 2 lakh per transaction. | |
| 1317. |
Which bank and Paytm have partnered to construct comprehensive options throughout payment gateway, the factor of sale machines and credit products? |
| Answer» HDFC Bank and Paytm have partnered to construct comprehensive options throughout payment gateway, the factor of sale machines and credit products. | |
| 1318. |
The US Agency for International Development (USAID) will sponsor a $50 million loan portfolio guarantee to which bank to support increased financial access to women borrowers and MSMEs in India? |
| Answer» The US Agency for International Development (USAID) and the US International Development Finance Corporation (DFC) said they would jointly sponsor a $50 million loan portfolio to guarantee to Kotak Mahindra Bank to support increased financial access to women borrowers, and micro, small and medium enterprises (MSMEs) in India. | |
| 1319. |
Who has been appointed as the Managing Director and Chief Executive Officer of Indian Bank for three years? |
| Answer» Shanti Lal Jain has been appointed as the Managing Director and Chief Executive Officer of Indian Bank for three years. | |
| 1320. |
Ajay Kumar has been appointed as the executive director of which bank? |
| Answer» The Reserve Bank of India (RBI) has appointed Ajay Kumar as its executive director (ED) with effect from August 20, 2021. As ED Kumar will oversee the departments of currency management, foreign exchange and premise | |
| 1321. |
The Reserve bank of India has set the limit for Ways and Means Advances (WMA) for the second half of the financial year 2021-22 to what amount? |
| Answer» The Reserve bank of India has set the limit for Ways and Means Advances (WMA) for the second half of the financial year 2021-22 i.e October 2021 to March 2022 at Rs. 50,000 crore. | |
| 1322. |
Which financial body has approved a $40 million loan for a project aimed at improving the quality of health services in Meghalaya? |
| Answer» The World Bank has also approved a $40 million loan for a project which aims at improving the quality of health services in Meghalaya and strengthen the state's capacity to handle health emergencies, including the COVID-19 pandemic. | |
| 1323. |
Which bank has approved about $150 million, to aid Chennai's Sustainable Urban Services program? |
| Answer» World Bank has approved about $150 million, to aid Chennai's Sustainable Urban Services program. | |
| 1324. |
NPCI has partnered with which bank to launch first-of-its-kind 'RuPay On-the-Go' contactless payments solutions? |
| Answer» The National Payments Corporation of India (NPCI) has partnered with private sector lender YES Bank to launch first-of-its-kind 'RuPay On-the-Go' contactless payments solutions. | |
| 1325. |
Which bank joined hands with NPCI to launch the "RuPay Signet Contactless Credit Card"? |
| Answer» Federal Bank joined hands with the National Payments Corporation of India (NPCI) and launched the "Federal Bank RuPay Signet Contactless Credit Card." | |
| 1326. |
Who appoints the MDs and CEOs of public sector banks and insurance companies? |
| Answer» The CEOs and MDs of public sector banks and insurance companies are chosen by the Banks Board Bureau (BBB). | |
| 1327. |
Which company has acquired a 100% stake in digital lending startup CreditMate? |
| Answer» The Digital payment services provider Paytm has acquired a 100% stake in Mumbai-based digital lending startup CreditMate. | |
| 1328. |
Which bank has launched the NAV-eCash card for the Indian Navy on INS Vikramaditya? |
| Answer» The State Bank of India has partnered with the Indian Navy to launch a NAV-eCash card for the naval personnel onboard the country's largest Naval Aircraft carrier INS Vikramaditya. | |
| 1329. |
Which bank has launched the '6S Campaign'? |
| Answer» Punjab National Bank (PNB) has launched the '6S Campaign' under a customer outreach programme to extend financial services at a concessional rate during the festival season. | |
| 1330. |
Which bank with Mastercard, DFC, USAID, has launched a $100 Million Credit Facility for Indian MSMEs? |
| Answer» HDFC Bank, Mastercard, DFC, USAID launched $100 Million Credit Facility for Indian MSMEs. | |
| 1331. |
RBI has imposed Rs 1 crore monetary penalty on which payments bank for violating norms under Section 26 (2) of the Payment and Settlement Systems Act, 2007? |
| Answer» The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on Paytm Payments Bank Limited (PPBL) over certain specified violations, as referred in Section 26 (2) of the Payment and Settlement Systems Act, 2007. | |
| 1332. |
Which bank has launched the new digital platform named Abacus 2.0? |
| Answer» RBL Bank is working on a new digital platform named Abacus 2.0, that would help the bank to scale up customer acquisition over the next few years. | |
| 1333. |
Which bank has launched the QR Code Sound Box to provide instant voice-based payment alerts to merchant partners? |
| Answer» The AU Small Finance Bank has announced the launch of a QR Code Sound Box, to provide instant voice-based payment alerts to merchant partners. | |
| 1334. |
QR Code Sound Box has been launched by which bank? |
| Answer» AU Small Finance Bank has launched a sound box to offer instant voice-based payment alerts to merchant partners. | |
| 1335. |
Which bank has partnered with NPCI to launch Rupay Credit Cards 'Veer' for Armed Forces? |
| Answer» Kotak Mahindra Bank partnered with NPCI to launch Rupay Credit Cards 'Veer' for Armed Forces. | |
| 1336. |
Which bank has signed an MoU with the Indian Navy to offer a defence service salary package under ''Power Salute''? |
| Answer» Axis Bank signed an MoU with the Indian Navy to offer 'Power Salute'; ICICI Bank also renewed MoU with the Indian Army. | |
| 1337. |
The Reserve Bank of India has appointed which bank as an Agency Bank to conduct government business? |
| Answer» The Reserve Bank of India has now appointed Bandhan Bank as an Agency Bank of the RBI to conduct government business. | |
| 1338. |
Which one is the name of the first global hackathon launched by RBI? |
| Answer» The Reserve Bank of India has launched its first global hackathon named "HARBINGER 2021 - Innovation for Transformation". | |
| 1339. |
RBI has announced the launch of the Integrated Ombudsman Scheme, 2021. The new scheme has subsumed how many previous schemes? |
| Answer» The new scheme integrates the existing 3 Ombudsman schemes of RBI. | |
| 1340. |
Which bank has listed its USD 650-million green bonds simultaneously on the India INX and the LuxSE? |
| Answer» State Bank of India (SBI) listed its USD 650-million green bonds simultaneously on the India International Exchange (India INX) and the Luxembourg Stock Exchange (LuxSE). | |
| 1341. |
Which bank has signed a strategic agreement with Jamshedpur Football Club, to promote and support football in India? |
| Answer» The State Bank of India signed a strategic agreement with Jamshedpur Football Club, a fully owned subsidiary of Tata Steel, to promote and support football in India. | |
| 1342. |
India's first standalone metal debit card "FIRST Private Infinite Card", has been launched by which bank? |
| Answer» IDFC FIRST Bank has announced to launch of FIRST Private Infinite. | |
| 1343. |
The Government of India has inked a loan agreement with which institution to fund development projects in Agartala? |
| Answer» The Government of India and the Asian Development Bank (ADB) have signed a $61 million loan (approx. Rs 454 crore) to fund development projects in Agartala, Tripura. | |
| 1344. |
RBI has projected Consumer price inflation (CPI) at which percent for 2021-22? |
| Answer» RBI projected Retail inflation (CPI) at 5.3% for 2021-22. | |
| 1345. |
Currently what is the total corpus of Payments Infrastructure Development Fund (PIDF) of RBI? |
| Answer» The total corpus of Payments Infrastructure Development Fund (PIDF) of RBI has reached Rs 614 crore. | |
| 1346. |
What is the contribution of RBI in Payments Infrastructure Development Fund (PIDF) of RBI? |
| Answer» RBI has made an initial contribution of Rs. 250 crores to the PIDF. | |
| 1347. |
RBI has introduced the Internal Ombudsman mechanism for non-deposit taking Non-Banking Financial Companies (NBFCs) whose asset size is how much? |
| Answer» Non-Deposit taking NBFCs (NBFCs-ND) with asset size of Rs.5,000 crore and above having public customer interface. | |
| 1348. |
The campaign titled "Mooh Band Rakho" has been launched by which bank to raise awareness on fraud prevention? |
| Answer» HDFC Bank Ltd has launched the second edition of its "Mooh Band Rakho" campaign to raise awareness on fraud prevention in support of International Fraud Awareness Week 2021. | |
| 1349. |
Who has been appointed as MD & CEO of Ujjivan Small Finance Bank? |
| Answer» The Board of Directors of Ujjivan Small Finance Bank has decided to appoint Ittira Davis as the MD and CEO of the bank. | |
| 1350. |
Which bank in collaboration with NPCI launched the 'On-the-Go' wearable keychain? |
| Answer» City Union Bank (CUB), in collaboration with National Payments Corporation of India (NPCI) and its manufacturing partner Seshaasai, has announced the launch of RuPay On-the-Go contactless wearable keychain for its debit card customers. | |