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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.
| 1351. |
RBI has imposed restrictions on which bank, including restrictions on withdrawals up to Rs. 10,000 for customers? |
| Answer» The Reserve Bank of India (RBI) imposes several restrictions on Nagar Urban Co-operative Bank Ltd, Ahmednagar, Maharashtra, including restrictions on withdrawals up to Rs. 10,000 for customers. | |
| 1352. |
Which bank has signed an agreement with UIL for empowering women entrepreneurs by providing financial assistance? |
| Answer» State Bank of India (SBI) has signed an agreement with Usha International Limited (UIL) for empowering women entrepreneurs by providing financial assistance. | |
| 1353. |
Rajeev Srivastava has been appointed as CEO of which bank? |
| Answer» Rajeev Srivastava has been appointed as the chief executive officer (CEO) at Standard Chartered Securities for India operations. | |
| 1354. |
NPCI Bharat BillPay Ltd has tied up with which Insurance company to provide its marquee offering - ClickPay to the insurer's customers? |
| Answer» NPCI Bharat BillPay Ltd., the wholly-owned subsidiary of National Payments Corporation of India has tied up with ICICI Prudential Life Insurance to provide its marquee offering - ClickPay to the insurer's customers. | |
| 1355. |
RBI imposes Rs 1 Crore Penalty on which bank for violating norms? |
| Answer» the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the State Bank of India (SBI) or violating subsection (2) of section 19 of the Banking Regulation Act, 1949. | |
| 1356. |
Which bank has partnered with Star Health Insurance for bancassurance? |
| Answer» Federal Bank has partnered with Star Health and Allied Insurance Co Ltd as a corporate agent to provide a wide range of innovative health insurance products for its customers spread over 1,291 banking outlets in India. | |
| 1357. |
Which Small Finance Bank has partnered with HDFC Bank to launch its new co-branded credit cards? |
| Answer» Equitas Small Finance Bank (SFB) partnered with HDFC (Housing Development Finance Corporation Limited) Bank to launch its new co-branded credit cards. | |
| 1358. |
Who launched the Bob World Wave Wearable Payment Solution? |
| Answer» A wearable payment solution called "bob World Wave" was launched by the Bank of Baroda. | |
| 1359. |
Which Payments Bank has partnered with NPCI Bharat Bill Pay Limited to facilitate pan India doorstep bill payments service? |
| Answer» India Post Payments Bank (IPPB) partnered with NPCI Bharat Bill Pay Limited (NBBL) to facilitate pan India doorstep bill payments service for IPPB and non-IPPB customers. | |
| 1360. |
LIC got RBI's approval to hold how much percent stake in IndusInd Bank? |
| Answer» India's largest insurer Life Insurance Corporation of India (LIC) has been allowed by the Reserve Bank of India (RBI) to raise its holding in private lender IndusInd Bank to 9.99 per cent from the existing 4.95 per cent. | |
| 1361. |
RBI has imposed Rs 1 crore penalty on the State Bank of India for violating norms related to holding shares of the paid-up share capital of the companies as stated in subsection (2) of the section which of the Banking Regulation Act defines this rule? |
| Answer» The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on State Bank of India (SBI) for violating sub-section (2) of section 19 of the Banking Regulation Act, 1949. | |
| 1362. |
Which bank signed a co-lending agreement with U GRO Capital? |
| Answer» U GRO Capital announced that it has signed a co-lending agreement with the Central Bank of India. | |
| 1363. |
RBI Authorized which bank to collect indirect taxes on behalf of the Central Board of Indirect Taxes and Customs (CBIC)? |
| Answer» RBI has granted permission to RBL Bank to collect indirect taxes on behalf of the Central Board of Indirect Taxes and Customs (CBIC). | |
| 1364. |
Which bank has been fined by the Reserve Bank of India for deficiencies in regulatory compliance? |
| Answer» The Reserve Bank of India has recently imposed a penalty of Rs 30 lakh on ICICI Bank Bank for deficiencies in regulatory compliance. | |
| 1365. |
Which bank has tied up with Swift to provide digital banking solutions to clients? |
| Answer» Axis Bank is working with new digital services from provider Swift to provide a comprehensive digital solution to clients. | |
| 1366. |
Which bank has topped the 2021 list of globally systemic banks (G-SIBs) released by the Financial Stability Board (FSB)? |
| Answer» JP Morgan Chase has topped the 2021 list of globally systemic banks (G-SIBs) released by the Financial Stability Board (FSB). | |
| 1367. |
Which financial institution has approved a $300 million loan to strengthen and improve access to comprehensive primary health care in urban areas in India? |
| Answer» The Government of India and the Asian Development Bank (ADB) have signed a loan agreement worth $300 million to strengthen and improve access to comprehensive primary health care in urban areas. | |
| 1368. |
RBI has authorized which bank to collect direct taxes on behalf of the CBDT? |
| Answer» Reserve Bank of India (RBI) authorised RBL Bank to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT) based on a recommendation from the Controller General of Accounts, Ministry of Finance and Government of India. | |
| 1369. |
India has signed a loan agreement with which financial institution worth USD 250 million to improve the quality of learning in the state of Andhra Pradesh? |
| Answer» The Government of India has signed a legal agreement with the World Bank worth $250 million for a project to improve the quality of learning in the state of Andhra Pradesh. | |
| 1370. |
Which bank has launched a new online platform 'Trade Emerge' for exporters and importers across India? |
| Answer» Private sector lender ICICI Bank has launched an online platform called 'Trade Emerge' for Indian exporters and importers to offer them digital banking and value-added services. | |
| 1371. |
What is the range of GDP growth projection for India in the financial year 2021-22 as per the State Bank of India (SBI) Ecowrap report? |
| Answer» The State Bank of India (SBI) economists in its research report - Ecowrap, has revised upwards the GDP growth projection for India to a range of 9.3% - 9.6% for FY22 (2021-22). | |
| 1372. |
Which financial body has approved a $1.5 billion loan to India for procuring a safe and effective COVID Vaccine? |
| Answer» The Asian Development Bank (ADB) has approved a $1.5 billion loan (approx Rs 11,185 crore) to help the Government of India purchase safe and effective vaccines against the coronavirus (COVID-19). | |
| 1373. |
Which bank has been selected under 'Most Innovative Best Practice' at the coveted CII Digital Transformation Award 2021 or CII DX Award 2021? |
| Answer» HDFC Bank has been selected under 'Most Innovative Best Practice' at the coveted Confederation of Indian Industry (CII) Digital Transformation Award 2021 or CII DX Award 2021. | |
| 1374. |
Which payments bank has partnered with MoneyGram to enable international fund transfer? |
| Answer» Paytm Payments Bank has partnered with MoneyGram, a peer-to-peer remittance company to enable international fund transfer directly to Paytm Wallet. | |
| 1375. |
Which bank in partnership with NPCI to become 1st Indian bank to offer cross-border payments via UPI? |
| Answer» IndusInd Bank has joined hands with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances to India using UPI IDs, for its Money Transfer Operator (MTO) partners. | |
| 1376. |
Which bank has topped in digital transactions in the financial year 2020-21? |
| Answer» Bank of Baroda has secured the first position in digital transactions during the financial year 2020-21. | |
| 1377. |
Which bank has signed a co-lending agreement with U GRO Capital to provide INR 1000 crore formal credit to underserved MSMEs at affordable rates? |
| Answer» Central Bank of India signed a co-lending agreement with U GRO Capital, an MSME lending fintech platform, to provide INR 1000 crore formal credit to underserved MSMEs at affordable rates across all products categories of U GRO Capital. | |
| 1378. |
Indipaisa has signed a partnership agreement with which Payments Bank to launch Fintech solutions targeting the SME sector? |
| Answer» Indipaisa signed a partnership agreement with NSDL Payments Bank to launch Financial Technology (Fintech) solutions targeting India's 63 million Small & Mid-sized Enterprise (SME) sector. | |
| 1379. |
Which bank has partnered with the National Payments Corporation to offer real-time cross-border remittances to India using UPI IDs, for its MTO partners? |
| Answer» IndusInd Bank has partnered with the National Payments Corporation to offer real-time cross-border remittances to India using UPI IDs, for its Money Transfer Operator (MTO) partners. | |
| 1380. |
Karnataka government has partnered with the NPCI & which bank to enable and implement the 'e-RUPI'? |
| Answer» The Karnataka government has partnered with the National Payments Corporation of India (NPCI) & State Bank of India (SBI) to enable and implement the 'e-RUPI' payment solution to students under its scholarship programme. | |
| 1381. |
Which bank has announced the launch of 'Green Fixed Deposits'? |
| Answer» IndusInd Bank has announced the launch of 'green fixed deposits', whereby the deposit proceeds will be used to finance projects and firms supporting the UN's Sustainable Development Goals (SDGs). | |
| 1382. |
Vasudevan PN has been re-appointed as MD and CEO of which bank? |
| Answer» Vasudevan Pathani Narasimhan has been re-appointed as MD & CEO of Equitas Small Finance Bank. | |
| 1383. |
Which bank has signed an MoU with IPPB to offer banking services of IPPB in semi-urban and rural areas? |
| Answer» HDFC Bank has signed an MoU with India Post Payments Bank to offer banking services to over 4.7 crore customers of IPPB in semi-urban and rural areas. | |
| 1384. |
Which bank has signed a co-loan agreement with U Grow Capital? |
| Answer» Central Bank of India has signed a co-loan agreement with U Grow Capital. | |
| 1385. |
Google and which bank have tied up to boost the bank's customer experience strategy? |
| Answer» RBL Bank and Google have agreed to boost the customer experience strategy of the bank. | |
| 1386. |
NPCI Bharat BillPay (NBBL) has launched UPMS, a new system to simplify recurring bill payments. What does UPMS stand for? |
| Answer» NPCI Bharat BillPay (NBBL) has announced the launch of a Unified Presentment Management System (UPMS). | |
| 1387. |
Indian Institute of Management Kozhikode has partnered with which bank through its Business incubator LIVE to disburse the loan to startups under the startup funding scheme, 'IndSpring Board'? |
| Answer» The Indian Institute of Management Kozhikode's (IIMK) Business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) has signed a Memorandum of Understanding (MoU) with the Indian Bank to financially support early-stage startups. | |
| 1388. |
Which bank has partnered with Marwadi Financial Services to offer 3 in 1 Savings account to customers? |
| Answer» Their latest affiliation with NSDL Payments Bank will allow Marwadi Financial Services to offer its clients an integrated 3-in-1 savings account that combines the features of savings, Demat and trading accounts. | |
| 1389. |
How many classifications are used by RBI to classify banks as Domestic Systemically Important Banks (D-SIBs)? |
| Answer» The D-SIBs banks are classified into 5 buckets. Bucket 1, Bucket 2, Bucket 3, Bucket 4 and Bucket 5. With Bucket 5 being the most important followed by rest in decreasing order. | |
| 1390. |
Which bank has been named as the best private bank in India in the recent Global Private Banking Awards 2021? |
| Answer» HDFC Bank was named as the 'Best Private Bank in India' at the 'Global Private Banking Awards 2021', organized by Professional Wealth Management, in a virtual ceremony. | |
| 1391. |
Reserve Bank of India has approved which Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS)? |
| Answer» Reserve Bank of India has approved Fino Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS). | |
| 1392. |
As per the data by NPCI, which bank was the largest recipient of the UPI transaction amount in the October-December quarter in 2021? |
| Answer» According to data released by the National Payments Corporation of India (NPCI), Paytm Payments Bank Ltd emerged as the biggest receiver of UPI amount in the October to December 2021 quarter. | |
| 1393. |
Which bank was the biggest remitter of the UPI transaction amount in December 2021, as per the data by NPCI? |
| Answer» SBI was also adjudged as the biggest remitter of UPI amount in December 2021. | |
| 1394. |
Who has been appointed as the 'officer on special duty' in Punjab National Bank? |
| Answer» Atul Kumar Goel has taken charge as an 'officer on special duty' in Punjab National Bank before taking over as its new MD and CEO of the bank in February 2022. | |
| 1395. |
Which bank has won the right to sell Vijay Mallya's London home? |
| Answer» UBS bank has won the right to repossess and sell fugitive businessman Vijay Mallya's home in London where he stays with his son Sidhartha and 95-year-old mother Lalitha. | |
| 1396. |
Paisabazaar.com has launched a 'Paisa on Demand' credit card in partnership with which bank? |
| Answer» Paisabazaar.com has partnered with RBL Bank to launch a 'Paisa on Demand' (PoD) credit card, under its neo-lending strategy. | |
| 1397. |
Which bank has partnered with Creditas Solutions to launch its 'Neo Collections' platform? |
| Answer» The RBL Bank has partnered with Creditas Solutions for its 'Neo Collections' platform. | |
| 1398. |
Which bank has won the digital transformation award 'DX 2021 Awards' by the CII? |
| Answer» The Karnataka Bank has won the digital transformation award, 'DX 2021 Awards', in recognition of the "innovative" best practice 'KBL VIKAAS'. | |
| 1399. |
Which bank has become the second-largest merchant-acquisition bank in PoS machines with over two lakh card-swiping machines installed? |
| Answer» Axis Bank has become the second-largest merchant-acquisition bank in POS machines with over two lakh card-swipe machines installed. | |
| 1400. |
Which bank raises Benchmark Lending Rate by 0.7 per cent? |
| Answer» The country's largest lender, State Bank of India (SBI), raised the Benchmark Prime Lending Rate (BPLR) by 70 basis points (or 0.7 per cent) to 13.45 per cent. | |