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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.
| 1601. |
SBI General Insurance partners with which app to Offer Health Insurance on Platform? |
| Answer» SBI General Insurance has made a partnership with the digital payments platform Google Pay to provide Health Insurance for users. | |
| 1602. |
Which bank has launched a video life certificate service for pensioners? |
| Answer» The State Bank of India (SBI) has launched a video life certificate service for pensioners which allows pensioners to submit their life certificates through a simple video call. | |
| 1603. |
Which bank has launched a feature-rich savings bank product "Mitra Plus" for women? |
| Answer» The private sector lender, Federal Bank has launched a feature-rich savings bank product "Mitra Plus" for women. | |
| 1604. |
Which Indian bank has launched the first 'Video life certificate service' for pensioners? |
| Answer» The State Bank of India has launched the first 'Video life certificate service' for pensioners. | |
| 1605. |
Which bank has signed an agreement for the Integrated Urban Flood Management for the Chennai-Kosasthalaiyar River Basin Project? |
| Answer» Ministry of Finance, India signed the agreement for the Integrated Urban Flood Management for the Chennai-Kosasthalaiyar River Basin Project, while Shri Takeo Konishi, Country Director of ADB's India Resident Mission signed for ADB. | |
| 1606. |
The financial inclusion campaign named '6S Campaign' has been launched by which bank? |
| Answer» Punjab National Bank has launched the '6S Campaign' under the customer outreach programme. | |
| 1607. |
Which bank has become the first scheduled private sector bank to receive approval from the Government of India for the collection of direct and indirect taxes? |
| Answer» The Kotak Mahindra Bank (KMBL) has received approval from the Government of India for the collection of direct and indirect taxes, such as income tax, Goods and Services Tax (GST) etc, through its banking network. | |
| 1608. |
Hindustan Petroleum Corporation Limited is partnering with which bank to allow customers to use their ICICI Bank FASTag to pay for fuel and lubricants at HPCL retail outlets? |
| Answer» Hindustan Petroleum Corporation Limited (HPCL) is partnering with ICICI Bank, which will allow customers to use their ICICI Bank FASTag to pay for fuel and lubricants at HPCL retail outlets. | |
| 1609. |
Which bank has launched a new Cybersecurity Multi-Donor Trust Fund? |
| Answer» The World Bank launched a new Cybersecurity Multi-Donor Trust Fund under its broader Digital Development Partnership (DDP) umbrella programme. | |
| 1610. |
Who has announced his retirement from the post of MD & CEO of Ujjivan Small Finance Bank? |
| Answer» Nitin Chugh has announced his retirement from the post of managing director and chief executive officer (MD & CEO) of Ujjivan Small Finance Bank w.e.f September 30, 2021. | |
| 1611. |
Which bank has announced the introduction of 'Green & Sustainable Deposits' to safeguard the environment from climate change? |
| Answer» HDFC Bank has announced the introduction of 'Green & Sustainable Deposits' to safeguard the environment from climate change. | |
| 1612. |
Which bank has recently launched its flagship Business Mentoring Programme "MSME Prerana" in West Bengal? |
| Answer» Indian Bank recently launched its flagship Business Mentoring Programme "MSME Prerana" in West Bengal | |
| 1613. |
Which organization has partnered with the Assam government to provide project-specific loans for upgrading MSME clusters? |
| Answer» The Small Industries Development Bank of India has announced that project-specific moderately priced loan assistance under the SIDBI Cluster Development Fund (SCDF) will be extended to the state government of Assam for upgrading various existing MSME clusters and for developing new industrial infrastructural facilities in the state. | |
| 1614. |
Which financial body has approved a USD 112 million loan to improve water supply infrastructure in Jharkhand? |
| Answer» Asian Development Bank (ADB) and the Government of India have signed a USD 112 million loan to develop water supply infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in four towns in the state of Jharkhand. | |
| 1615. |
Which bank has announced the launch of a digital FD facility on the Google Pay app, without the need to open an account with the bank? |
| Answer» The Equitas Small Finance Bank (ESFB) has launched a new initiative in partnership with Google Pay, under which it will enable the users of the Google Pay app to open fixed deposits (FDs) on Google Pay, in under 2 minutes without having to open a bank account with ESFB. | |
| 1616. |
Which financial institution has approved a $150 million loan to fund a sustainable housing project for the urban poor in Tamil Nadu? |
| Answer» The Asian Development Bank has approved a loan of USD 150 million (about Rs 1,095 crore) for a sustainable housing project for the urban poor in Tamil Nadu. | |
| 1617. |
Indian women hockey player Rani Rampal and cricketer Smriti Mandhana has been appointed as the brand ambassador of which bank? |
| Answer» Equitas Small Finance Bank (ESFB) has roped in Indian women hockey player, Rani Rampal and cricketer Smriti Mandhana as the brand ambassadors of the company. | |
| 1618. |
LIC has bought 3.9 per cent shares of which bank? |
| Answer» Life Insurance Corporation of India has bought 3.9 percent of the Bank of India through open market acquisition. | |
| 1619. |
Which one has increased incentives for banks for distribution of coins to the general public to Rs 65 from Rs 25 per bag with effect from September 1? |
| Answer» RBI increases incentives for banks for distribution of coins to the general public to Rs 65 from Rs 25 per bag with effect from September 1, 2021. | |
| 1620. |
Which bank has transferred a loan sanctioned letter of Rs 5100 crores to the Uttar Pradesh government for the Ganga Expressway project? |
| Answer» The work for the ambitious Ganga expressway project received a boost when Punjab National Bank (PNB) transferred a loan sanctioned letter of Rs 5100 crores to the Uttar Pradesh government for the project. | |
| 1621. |
The Reserve Bank of India (RBI) has approved the re-appointment of Sandeep Bakhshi, MD & CEO of which bank with effect from October 15, 2021, till October 3, 2023? |
| Answer» The Reserve Bank of India (RBI) has approved the re-appointment of Sandeep Bakhshi, MD & CEO, of ICICI Bank with effect from October 15, 2021, till October 3, 2023. | |
| 1622. |
Bank of Baroda has launched its digital banking platform under which name to bring all banking services under one roof? |
| Answer» The Bank of Baroda has announced the launch of its digital banking platform named 'bob World'. | |
| 1623. |
HDFC Bank has partnered with which organisation to provide credit support to the MSME sector? |
| Answer» HDFC Bank has signed an MoU with the National Small Industries Corporation (NSIC) for providing credit support to the micro, small and medium enterprise (MSME) sector. | |
| 1624. |
Which bank has launched the POS device 'WisePOSGo', an all in one swiping machine to process business payments? |
| Answer» The Karnataka Bank has launched an all-in-one Point-of-Sales (POS) swiping machine dubbed as 'WisePOSGo', for its merchant customers to process business payments. | |
| 1625. |
The RBI has removed which bank from its PCA restrictions? |
| Answer» The Reserve Bank of India has announced that UCO Bank is taken out of the PCA restrictions. | |
| 1626. |
Which is the first bank in India to launch real-time online tracking for cross-border payments for corporate clients in partnership with SWIFT GPI? |
| Answer» DBS Bank has launched real-time online tracking for cross-border payments for its corporate clients, in partnership with SWIFT Global Payments Innovation (GPI). | |
| 1627. |
Which subsidiary of ICICI Bank has ceased to function as the subsidiary of the bank? |
| Answer» The ICICI Lombard General Insurance has ceased to operate as the subsidiary of the ICICI Bank, as the shareholding of the ICICI Bank in the company has come down from 51.86 percent to 48.08 percent. | |
| 1628. |
The nFiNi credit card facility has been launched by which company for fintechs and banks? |
| Answer» National Payments Corporation of India (NPCI) in partnership with Fiserv Inc. to launch the plug-and-play RuPay credit card stack, 'nFiNi'. | |
| 1629. |
Which bank has launched a do-it-yourself (DIY) repayment platform for missed loan repayments? |
| Answer» Kotak Mahindra Bank (KMBL), in a tie-up with Creditas Solutions, has launched a do-it-yourself (DIY) repayment platform for missed loan repayments. | |
| 1630. |
The RBI has given its nod to which bank to form a special committee of directors in order to oversee the operations? |
| Answer» The Reserve Bank of India has given its approval to the Ujjivan Small Finance Bank (SFB) to form a special committee of directors so that they can oversee the operations in absence of a CEO and MD. | |
| 1631. |
Amit Saxena, Global Deputy CTO of Which Bank has joined as the Chief Technology Officer of RBI Innovation Hub? |
| Answer» Amit Saxena, Global Deputy CTO of State Bank of India joined RBI Innovation Hub as the Chief Technology Officer (CTO). | |
| 1632. |
Which bank has emerged as the top performer among public sector lenders in terms of loan and savings deposit growth? |
| Answer» State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and savings deposit growth during the first quarter of the current financial year. | |
| 1633. |
Which Indian banker has been appointed as the independent director of The Hongkong and Shanghai Banking Corporation (HSBC) Asia? |
| Answer» The former State Bank of India (SBI) chairman Rajnish Kumar has been appointed as an independent director of The Hongkong and Shanghai Banking Corporation (HSBC) Asia entity. | |
| 1634. |
Shanti Lal Jain has been appointed as the MD & CEO of which public sector bank? |
| Answer» Shanti Lal Jain has been appointed as the Managing Director and Chief Executive Officer of Indian Bank. | |
| 1635. |
Which bank has joined hands with price housing financier IIFL (India Infoline) Home Finance Ltd? |
| Answer» The Asian Development Bank (ADB) has joined hands with price housing financier IIFL (India Infoline) Home Finance Ltd, a subsidiary of IIFL home finance to reduce carbon emissions and preserve water and vitality in India. IIFL is the technical assistance of the program. | |
| 1636. |
Which bank introduced the launch of an overdraft facility Known as the 'Dukandar Overdraft Scheme'? |
| Answer» HDFC Bank introduced the launch of an overdraft facility for small outlets in partnership with CSC SPV. Known as 'Dukandar Overdraft Scheme'. | |
| 1637. |
Which bank topped the list of Public Sector Bank writing off loans in FY21 followed by Union Bank of India? |
| Answer» State Bank of India topped the list of Public Sector Bank writing off loans in FY21 followed by Union Bank of India. | |
| 1638. |
The Reserve Bank of India has imposed a monetary penalty of Rs 5 crore on which bank? |
| Answer» The Reserve Bank of India has imposed a monetary penalty of Rs 5 crore on private sector lender Axis Bank. | |
| 1639. |
Paytm Payments Bank has become the first bank in the country to achieve the milestone of issuing how many FASTags? |
| Answer» Paytm Payments Bank has become the first bank in the country to achieve the milestone of issuing 1 crore FASTags. | |
| 1640. |
Which bank has increased security features for its YONO and YONO fat-free apps, known as 'SIM Binding'? |
| Answer» India's most prominent investment banking company of Bharat (SBI), has launched a replacement and increased security feature for its YONO and YONO fat-free apps, known as 'SIM Binding', to guard customers against varied digital frauds. | |
| 1641. |
Multilink will begin its strategic partnership with which payments bank to build agent points across India? |
| Answer» Multilink, one of India's fastest-growing fintech companies with a network of 1,00,000+ agents spread across India, said it will begin its strategic partnership with NSDL payments bank to build agent points across India, and the strategic tie-up will also result in providing banking facilities to rural and urban areas through NEO banking systems. | |
| 1642. |
Reserve Bank of India (RBI) has overhauled rules for extending what amount of loans to directors of other banks and relatives of directors? |
| Answer» Reserve Bank of India (RBI) has overhauled rules for extending loans to directors of other banks and relatives of directors. As per the amendments, the central bank has allowed banks to extend personal loans up to Rs. 5 crores to directors of other banks. | |
| 1643. |
Which bank announced a strategic alliance with SMC Global Securities Limited for offering online trading services to customers? |
| Answer» The Dhanlaxmi bank announced a strategic alliance with SMC Global Securities Limited for offering online trading services to customers. | |
| 1644. |
The Indian Navy has signed a Memorandum of Understanding (MoU) with which bank for all its personnel - both serving and retired? |
| Answer» The Indian Navy has signed a Memorandum of Understanding (MoU) with Kotak Mahindra for salary accounts of all its personnel - both serving and retired. | |
| 1645. |
Which bank has launched the Aarogyam healthcare business loan scheme for the healthcare sector? |
| Answer» The State Bank of India has launched a new business loan scheme titled 'Aarogyam Loan' for the healthcare sector. | |
| 1646. |
Fabindia has partnered with which payment provider to launch exclusive co-branded contactless credit card? |
| Answer» The SBI Cards & Payment Services has tied up with lifestyle retail chain, Fabindia, to launch an exclusive co-branded contactless credit card called 'Fabindia SBI Card'. | |
| 1647. |
The RBI has extended the validity of the interest equalization scheme for pre-and-post-shipment rupee export credit by three months to? |
| Answer» The RBI has extended the validity of the interest equalization scheme for pre-and-post-shipment rupee export credit by three months through 30 September 2021. | |
| 1648. |
The Axis Bank has inked a multi-year deal with which company for the digital transformation programme of the bank? |
| Answer» The Axis Bank has inked a multi-year deal with Amazon Web Services the cloud computing arm of e-commerce giant Amazon to power the digital transformation programme of the bank for meeting the growing demand for its digital banking services | |
| 1649. |
The Reserve Bank of India has released guidelines for outsourcing, targeted at which category of banks? |
| Answer» The Reserve Bank of India has released guidelines for cooperative banks to manage risks that could arise from the outsourcing of financial services. | |
| 1650. |
Which Organisation has approved USD 125 Million support program for Kerala? |
| Answer» The World Bank has approved USD 125 million assistance for the Rebuild Kerala Initiative in the meeting of directors of the Bank held in Washington. | |