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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.
| 1551. |
Reserve Bank of India has cancelled the license of which of these banks? |
| Answer» Reserve Bank of India cancelled the license of People's Co-operative Bank Limited Kanpur. | |
| 1552. |
Which bank has launched Green Deposit Program? |
| Answer» DBS Bank India has announced the launch of its Green Deposit program for corporate customers, which provides an easy way for companies to support eco-friendly projects or avenues. | |
| 1553. |
Pralay Mondal has been appointed as the interim MD & CEO of which of the bank? |
| Answer» The Reserve Bank of India has approved the appointment of Pralay Mondal as the interim Managing Director and CEO of CSB Bank. | |
| 1554. |
Which bank acquired the Indian consumer banking businesses of Citibank? |
| Answer» Indian private sector lender Axis Bank has acquired the Indian consumer banking businesses of US bank Citigroup. | |
| 1555. |
Which bank has acquired Citibank's India consumer business for an amount of USD 1.6 billion (Rs 12,325 crore) in an all-cash deal? |
| Answer» Citigroup has announced that Axis Bank will be acquiring Citibank's India consumer business for an amount of USD 1.6 billion in an all-cash deal. | |
| 1556. |
Which bank has been adjudged Best Performing Bank in Self Help Group? |
| Answer» HDFC Bank Limited has been adjudged Best Performing Bank in Self Help Group (SHG) Linkage by Deendayal Antyodaya Yojana - National Rural Livelihood Mission (DAY-NRLM). | |
| 1557. |
Which bank has signed MoU with the BSF under the CAPSP Scheme to offer financial security to the serving and retired personnel? |
| Answer» The State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with the Border Security Force (BSF) to provide solutions for financial security to BSF personnel through the Central Armed Police Salary Package (CAPSP) Scheme. | |
| 1558. |
Which bank has launched a digital transformation project called 'SMBHAV'? |
| Answer» The Union Bank of India (UBI) has launched a digital transformation project called 'SMBHAV'. | |
| 1559. |
Who has won the Digital CX Awards 2022? |
| Answer» The Digital CX Awards 2022 went to 'Indus Merchant Solutions,' a mobile app for IndusInd Bank merchants, for 'Outstanding Digital CX - SME Payments.' | |
| 1560. |
Which bank has won the global 'Cellent Model Bank' award? |
| Answer» IndusInd Bank has been conferred with the global 'Cellent Model Bank' award under the category of 'Payments System Transformation' for making it a best-in-class enterprise payments hub. | |
| 1561. |
FYN portal exclusively for business banking and corporate clients, has been launched by which bank? |
| Answer» Kotak Mahindra Bank (KMBL) launched Kotak FYN, its new enterprise portal exclusive for Business Banking and Corporate clients. | |
| 1562. |
Which bank has announced to sell its entire 4% ownership in Bharat SME Asset Reconstruction Company? |
| Answer» Bank of Maharashtra has announced to sell its entire 4% ownership in Bharat SME Asset Reconstruction Company for about Rs 4 crore. | |
| 1563. |
Which bank has launched UnionNXT and Digital Transformation Project SAMBHAV? |
| Answer» Union Bank of India has launched UnionNXT and Digital Transformation Project SAMBHAV with an investment outlay of around Rs 1,000 crore for the current financial year 2022-23. | |
| 1564. |
Which bank has launched a new deposit scheme named Vikas Siri Sampat-1111? |
| Answer» P Gopi Krishna, Chairman of Karnataka Vikas Grameena Bank has launched a new deposit scheme of the bank named Vikas Siri Sampat-1111. | |
| 1565. |
RBI has imposed a monetary penalty of Rs 93 lakh on which bank? |
| Answer» The Reserve Bank of India has imposed a penalty of Rs 93 lakh each on Axis Bank and IDBI Bank for non-compliance with certain directions issued by RBI. | |
| 1566. |
Which of the bank has been adjudged the best performing bank in SHG linkage by DAY-NRLM? |
| Answer» HDFC Bank has been adjudged the best performing bank in SHG linkage by Deendayal Antyodaya Yojana - National Rural Livelihoods Mission DAY-NRLM. | |
| 1567. |
RBI has approved the re-appointment of Murli M Natarajan as the MD & CEO of which bank? |
| Answer» The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years. | |
| 1568. |
Former chairman of which bank Rajnish Kumar has joined Dun & Bradstreet? |
| Answer» The Former Chairman of State Bank of India Rajnish Kumar has joined the International Strategic Advisory Board of Data and Analytics, Dun & Bradstreet. | |
| 1569. |
Which bank is in partnership with Emirates Skywards and launched co-branded credit cards? |
| Answer» ICICI Bank established the 'Emirates Skywards ICICI Bank Credit Card' in partnership with Emirates Skywards, the airline's and flydubai's reward program. | |
| 1570. |
# LaxmiForLaxmi is a missed call advisory service for financial empowerment of the women population. Which fund house has launched this campaign? |
| Answer» HDFC Mutual Fund has launched an end-to-end women-led missed call advisory service #LaxmiForLaxmi on the occasion of International. | |
| 1571. |
ToneTag partnered with which bank for "VoiceSe UPI payments service"? |
| Answer» ToneTag has launched the "VoiceSe UPI payments service" for feature phone users in partnership with NSDL Payments Bank and NPCI. | |
| 1572. |
The RBI has directed which payment bank to stop onboarding of new customers? |
| Answer» The Reserve Bank of India has directed Paytm Payments Bank to stop the onboarding of new customers. | |
| 1573. |
RBI has made it mandatory to implement the 'Core Financial Services Solution (CFSS)' by September 30, 2025, by all NBFC - Middle and Upper Layers, which has how many 'Fixed point service delivery units'? |
| Answer» Reserve Bank of India has mandated NBFC - Middle and Upper Layers with 10 or more 'Fixed point service delivery units' (as on October 1, 2022) to implement 'Core Financial Services Solution (CFSS)' latest by September 30, 2025. | |
| 1574. |
Name the MD & CEO of the IDBI Bank whose re-appointment to the post has been approved by RBI? |
| Answer» The RBI has approved the re-appointment of Rakesh Sharma as Managing Director and Chief Executive Officer of IDBI Bank. | |
| 1575. |
Which bank was in news for raising Rs 550 crore from the Central Bank of Singapore, Government of Singapore and other mutual fund companies? |
| Answer» Equitas Small Finance Bank has raised Rs 550 crore in total from the government of Singapore, Singapore's central bank (Monetary Authority of Singapore) and a host of local mutual funds in the qualified institutional placement of equities. | |
| 1576. |
Which multilateral agency has become the first to open an office in the Gujarat International Finance Tech City? |
| Answer» New Development Bank will become the first multilateral agency to open an office in the Gujarat International Finance Tech City. | |
| 1577. |
Which bank has won the Best Technology Bank of the Year award among the Large Banks segment in IBA's 17th Annual Banking Technology Awards 2021? |
| Answer» In the Large Banks segment- Bank of Baroda has won the Best Technology Bank of the Year award in IBA's 17th Annual Banking Technology Awards 2021. | |
| 1578. |
Which bank has achieved the maximum number of awards at the IBA's Annual Banking Technology Awards 2021? |
| Answer» Indian Banks' Association has announced the IBA's 17th Annual Banking Technology Awards 2021. In total South Indian Bank has won 6 awards in the event. | |
| 1579. |
The Agri Infinity programme has been launched by which bank to develop digital financial solutions for the food and agriculture ecosystem? |
| Answer» Yes Bank has launched a programme named 'Yes Bank Agri Infinity' through which the bank aims to co-develop digital financial solutions for the food and agriculture ecosystem by mentoring entrepreneurial ventures in this field. | |
| 1580. |
Which bank has partnered with the Ministry of Culture to set up Atmanirbhar Bharat Centre for Design (ABCD) at Red Fort to promote GI products of the country? |
| Answer» The SBI has signed a tripartite MoU with the Indira Gandhi Centre for the Arts (IGNCA) and National Culture Fund (NCF) of the Ministry of Culture, for the Development of Atmanirbhar Bharat Centre for Design at L1 Barrack, Red Fort, in Delhi. | |
| 1581. |
RBI has cancelled the license of Independence Co-operative Bank Ltd. Where is the headquarter of the bank located? |
| Answer» The Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd., Nashik, Maharashtra w.e.f February 03, 2022. | |
| 1582. |
Patanjali Ayurved Ltd has been announced the launch of a co-branded Rupay contactless credit card in partnership with which bank? |
| Answer» Patanjali Ayurved Ltd and Punjab National Bank (PNB) have launched a co-branded contactless credit card in partnership with the National Payments Corporation of India (NPCI). | |
| 1583. |
Tata Group has chosen three banks as its preferred bankers for Air India. Which of these banks is not among them? |
| Answer» The Tata Group has chosen State Bank of India, Bank of Baroda and HDFC Bank as preferred bankers for Air India. | |
| 1584. |
IIT Hyderabad has launched an AI-based job portal "Swarajability" for people with disabilities, with funding support from which bank? |
| Answer» The project is funded by Kotak Mahindra Bank and it has been developed in association with Youth4Jobs, Visual Quest apart from Kotak Mahindra Bank. | |
| 1585. |
Which bank is being authorized by the Government of India to issue and encash Electoral Bonds? |
| Answer» Indian Govt has approved the issuance of the 19th tranche of electoral bonds to SBI, which will be open for sale between 1st January 2022 and 10th January 2022. | |
| 1586. |
The Punjab and Maharashtra Co-operative Bank Ltd. has been amalgamated with which bank? |
| Answer» The Government of India has sanctioned and notified the Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd. with Unity Small Finance Bank Ltd. (USFBL). | |
| 1587. |
What is the deadline for KYC updation for bank accounts, as per the recent notification of RBI? |
| Answer» The Reserve Bank of India (RBI) has extended the last date for KYC updation for bank accounts by three months to March 31 next year. | |
| 1588. |
Which bank was in the news after hackers siphoned Rs 12 crore from the bank's fund to various other bank accounts by hacking the server of the bank? |
| Answer» An amount of Rs 12 crore was transferred from funds of Andhra Pradesh Mahesh Co-op Urban Bank by hackers to various other bank accounts by hacking the server of the AP Mahesh Co-op Urban Bank. | |
| 1589. |
Which bank has launched EASY PAY integrated Debit Card facility in a Fitness Watch? |
| Answer» City Union Bank, in partnership with GOQii and NPCI has announced the launch of RuPay On -The-Go Payment solution through their Debit Card in a Fitness Watch named CUB EASY PAY. | |
| 1590. |
LazyPay has partnered with which bank to launch its credit card segment LazyCard? |
| Answer» Lazypay, a Buy Now Pay Later solution by PayU Finance, has partnered with SBM Bank India to launch LazyCard. | |
| 1591. |
Which bank will acquire up to 9.95 per cent stake in IFSC Ltd? |
| Answer» State Bank of India will acquire up to 9.95 per cent stake in India International Clearing Corporation (IFSC) Ltd subject to a maximum investment of Rs 34.03 crore. | |
| 1592. |
Which bank has topped in digital payments? |
| Answer» Bank of Baroda has announced that it has secured the #1 position in overall digital transactions among large banks for the financial year 2020-21. | |
| 1593. |
Which bank has tied up with Jamshedpur Football Club to promote football? |
| Answer» State Bank of India has signed a strategic agreement with Jamshedpur Football Club, a wholly-owned subsidiary of Tata Steel, to promote and support football in India. | |
| 1594. |
Which Indian bank has won 2 DigiDhan Awards by MeitY? |
| Answer» The Union Ministry of Electronics and Information Technology (MeitY) has awarded Karnataka Bank with two DigiDhan awards instituted for achieving the target with the highest percentage in BHIM-UPI transactions under the private sector bank category consecutively for two years 2019-20 and 2020-21. | |
| 1595. |
The Reserve Bank of India has increased the cap on promoters' stake in the private bank to which percent of the paid-up voting equity share capital of the bank? |
| Answer» The cap on promoters' stake in the long run of 15 years has been raised from 15 percent (earlier) to 26 percent of the paid-up voting equity share capital of the bank. | |
| 1596. |
Which bank has received the award for 'Intelligent Banking' in the 'Best Digital Customer Experience initiative' category? |
| Answer» DBS Bank India has received two awards for the 'DBS Rapid (Real-time API)' solution in the 'Innovative API/Open Banking model' category and 'for 'Intelligent Banking' in the 'Best Digital Customer Experience initiative' category at the ET BFSI Excellence Awards 2021. | |
| 1597. |
Which bank has launched the bob World Wave in collaboration with the NPCI? |
| Answer» Bank of Baroda (BOB) has launched bob World Wave in collaboration with the National Payments Corporations of India (NPCI). | |
| 1598. |
SBI signed an MoU with Kendriya Sainik Board to provide a grant of how many per month to 8,333 war veterans' children? |
| Answer» As per the MoU, the bank will offer a grant of 1,000 per month to 8,333 war veterans' children. | |
| 1599. |
Which bank in India has launched the first of its kind credit card made from recycled PVC plastic? |
| Answer» HSBC India launches the country's first credit card made from recycled PVC plastic to help save plastic waste and lower overall carbon emission. | |
| 1600. |
Which Finance Bank has signed a partnership agreement with fintech firm, Indiagold to launch India's first Loan against Digital Gold? |
| Answer» Shivalik Small Finance Bank (SSFB) signed a partnership agreement with fintech firm, Indiagold to launch India's first Loan against Digital Gold. | |