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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.
| 1651. |
Which bank has topped the list released by the Ministry of Electronics & Information Technology "Digital Payment Scorecard" for the consecutive third month? |
| Answer» The Ministry of Electronics & Information Technology has released the list of "Digital Payment Scorecard". In the list, the State Bank of India (SBI) has topped for the third consecutive month. | |
| 1652. |
Which bank has launched 'IOB Trendy', a savings account customized for the growing millennial population in the country? |
| Answer» The Indian Overseas Bank has launched 'IOB Trendy', a savings account customized for the growing millennial population in the country by keeping their banking preferences in mind. | |
| 1653. |
The RBI has asked banks to implement the image-based Cheque Truncation System in all branches by which date? |
| Answer» The Reserve Bank of India has asked banks to implement the image-based Cheque Truncation System in all branches by September 30 this year. | |
| 1654. |
According to the World Bank, the global economy is projected to grow at which percent in FY22? |
| Answer» The global economy is expected to expand by 5.6 percent in 2021. | |
| 1655. |
The RBI has imposed Rs 6 crore aggregate penalties on which of these banks? |
| Answer» The RBI has imposed monetary penalty aggregating to Rs 6 crore on Bank of India and Punjab National Bank for contravention of norms related to "Frauds Classification and Reporting". | |
| 1656. |
The NITI Aayog has recommended the names of which bank for privatization in 2021-22? |
| Answer» The Government think-tank NITI Aayog has recommended the names of Central Bank of India and Indian Overseas Bank for privatization in the current fiscal. | |
| 1657. |
Who has been appointed as the Managing Director and CEO of RBL Bank? |
| Answer» The RBI has approved the appointment of Vishwavir Ahuja as the Managing Director and CEO of RBL Bank. | |
| 1658. |
Which bank in India has tied with SWIFT to launch 'SWIFT gpi Instant', for cross-border inward payments? |
| Answer» The ICICI Bank has tied up with Society for Worldwide Interbank Financial Telecommunications to offer the facility called 'SWIFT gpi instant', for cross border inward payments. | |
| 1659. |
Which bank has launched 3 loan schemes Chikitsa, Jeevanrekha, and Suraksha? |
| Answer» The Canara Bank introduced three loan initiatives Chikitsa, Jeevanrekha and Suraksha for its customers to help them cope with the corona virus outbreak. | |
| 1660. |
What is the maximum amount that banks can charge from customers w.e.f January 01, 2022, after free ATM transactions are over? |
| Answer» Presently banks are allowed to charge from customers a maximum of Rs 20 per transaction. RBI has increased this limit to Rs 21 per transaction w.e.f January 1, 2022. | |
| 1661. |
Which bank has released a growth report India GDP: Marathon effort ahead? |
| Answer» The report titled 'India GDP: Marathon effort ahead' prepared by Yes Bank. | |
| 1662. |
Which Bank signed a Master Risk Participation Agreement for supporting trade transactions with FirstRand Bank (FRB) to boost India-Africa trade? |
| Answer» Export-Import Bank of India (India Exim Bank) has concluded a Master Risk Participation Agreement for supporting trade transactions with FirstRand Bank (FRB) Limited. | |
| 1663. |
The Institute for Development and Research in Banking Technology is managed by which organization? |
| Answer» The IDRBT is an arm of the Reserve Bank of India (RBI). | |
| 1664. |
Which bank has launched several digital initiatives under "Project WAVE"? |
| Answer» PSU lender Indian Bank has launched several digital initiatives under "Project WAVE" in a bid to enhance the customer experience through integrated services on its digital platform. | |
| 1665. |
In order to raise awareness about Central Bank Digital Currency, which bank released a concept note? |
| Answer» The Reserve Bank of India has released a concept note on the Central Bank Digital Currency (CBDC). | |
| 1666. |
Which bank has opened its first all-women branch in Kozhikode in the North Kerala region? |
| Answer» HDFC has opened its company's first all-women branch in Kozhikode in the North Kerala region. | |
| 1667. |
Which bank has partnered with SellerApp to adopt ONDC? |
| Answer» YES BANK announced its partnership with SellerApp. | |
| 1668. |
Which bank announced the launch of its latest campaign, titled 'Vigil Aunty' to promote safe banking habits among people? |
| Answer» To educate customers on the modus operandi of financial fraudsters and share inputs on safe banking habits, HDFC Bank has come out with a community awareness programme called 'Vigil Aunty'. | |
| 1669. |
Which bank has signed an MoU with FCI to provide an "Ultima Salary Package"? |
| Answer» Axis Bank has signed an MoU with Food Corporation of India (FCI) to provide the "Ultima Salary Package" with exclusive benefits & features to all its employees. | |
| 1670. |
Which bank formed a co-lending partnership with Protium Finance & InCred financial services? |
| Answer» Central Bank of India enters MSME co-lending agreement with Protium Finance, InCred Fin. Central Bank of India will offer loans to MSME borrowers under its co-lending partnership with Protium Finance and InCred Financial Services. | |
| 1671. |
Which bank introduced a new Term Deposit Scheme, "KBL Amrit Samriddhi"? |
| Answer» Karnataka Bank has introduced a new Term Deposit Scheme, KBL Amrit Samriddhi under Abhyudaya Cash Certificate (ACC) and Fixed Deposit for a tenure of 75 weeks (525 days). | |
| 1672. |
State Bank of India has launched its first dedicated branch for Startups in which city? |
| Answer» The State Bank of India has announced the launch of its first dedicated branch for Start-Ups in Bengaluru. | |
| 1673. |
Which company and ONDC have a memorandum of understanding in place to boost the involvement of small and medium-sized businesses in online commerce? |
| Answer» A Memorandum of Understanding was recently signed between ONDC and SIDBI to enhance small and medium business partnerships in e-commerce. | |
| 1674. |
Which bank has launched its first branch dedicated to start-ups in Koramangala, Bengaluru? |
| Answer» The State Bank of India (SBI) has launched its first dedicated branch for start-ups in Bengaluru. | |
| 1675. |
Which bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner? |
| Answer» ICICI Bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances in a faster and hassle-free manner. | |
| 1676. |
Which bank has started the Gram Seva program in six states of India? |
| Answer» State Bank of India announced the launch of the fourth phase of the 'SBI Gram Seva' program, adopting 30 remote villages in Haryana, Gujarat, Maharashtra, Punjab, Tamil Nadu, and West Bengal on the occasion of Gandhi Jayanti. | |
| 1677. |
Which bank raised the minimum capital requirement for setting up ARCs to Rs.300 crore? |
| Answer» The Reserve Bank of India (RBI) has raised the minimum net owned fund (NOF) requirement of the existing Asset Reconstruction Company (ARC) to Rs 300 crore from the present Rs 100 crore by March 2026. | |
| 1678. |
Which bank has introduced a unique term deposit programme called "Utsav Deposit Scheme"? |
| Answer» The largest lender in the nation, State Bank of India (SBI) has introduced a unique term deposit programme called "Utsav Deposit Scheme". | |
| 1679. |
Which bank became a net seller in June 2022 by selling USD 3.719 billion? |
| Answer» Reserve Bank of India turned net seller of the US currency in June after it sold USD 3.719 billion on a net basis, the central bank data showed. | |
| 1680. |
Which bank has launched a unique solution "Smart Wire" for its customers to help them with SWIFT-based inward remittances? |
| Answer» To assist customers with SWIFT-based(Society for Worldwide Interbank Financial Telecommunications) inward remittances in a faster and easier manner ICICI Bank has launched "Smart Wire". | |
| 1681. |
Which bank released the 25th Financial Stability report which reflects the collective assessment of the sub-committee of the FSDC? |
| Answer» The Reserve Bank of India released the 25th issue of the Financial Stability Report (FSR). | |
| 1682. |
Which bank has appointed RS Gandhi as an additional independent director? |
| Answer» Private sector lender YES Bank on Saturday announced the appointment of Rama Subramaniam Gandhi as an additional independent director of the bank for a period of five years. | |
| 1683. |
Which one has signed the bancassurance pact with Howrah-based-Paschim Banga Gramin Bank? |
| Answer» SBI Life signs bancassurance pact with Paschim Banga Gramin Bank. | |
| 1684. |
Which bank has released the Report on Currency and Finance RCF? |
| Answer» The Reserve Bank of India released the 'Report on Currency and Finance (RCF)' for the years 2021-22. | |
| 1685. |
Which banking company has become the first public sector bank to go live on the Account Aggregator framework? |
| Answer» Union Bank of India became the first public sector bank to go live on the Account Aggregator (AA) ecosystem. | |
| 1686. |
Airtel Payments Bank has partnered with which bank to digitize the cash collection system in Tier III? |
| Answer» Airtel Payments Bank will help Axis Bank digitise last-mile cash collections by utilising the broad reach of its digital-led neighbourhood banking concept. | |
| 1687. |
BOB Financial has launched a co-branded contactless RuPay credit card with which bank? |
| Answer» BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda and Nainital Bank, announced the launch of Nainital bank- BoB co-branded Contactless RuPay Credit Card. | |
| 1688. |
Which bank partners with NITI to train and hire data engineers? |
| Answer» NIIT Institute of Finance, Banking and Insurance (NIIT IFBI) - a subsidiary of NIIT Limited has announced a strategic partnership with HDFC Bank to build new-age Digital Talent for the banking industry. | |
| 1689. |
Which bank approved USD 250 million for India's road safety program? |
| Answer» The Board of Executive Directors of the World Bank has approved the financing of USD 250 million to support the "India State Support Program for Road Safety", a project by the Indian government to improve road safety. | |
| 1690. |
On which bank did RBI impose a monetary penalty of Rs.1 crore for non-compliance with certain directions on 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016'? |
| Answer» RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'. | |
| 1691. |
Which bank has signed an agreement with the Forest and Wildlife Department to enable digital collection of payments? |
| Answer» The South Indian Bank has signed an agreement with Kerala's Forest and Wildlife Department to enable digital collection of payments at eco-tourism centres, Vanasree shops, mobile Vanasree units and eco-shops across the State, of Tamil Nadu. | |
| 1692. |
Which bank launched a digital platform for the students' ecosystem 'Campus Power'? |
| Answer» ICICI bank launched a digital platform called 'Campus Power' to help students aspiring to pursue higher education in India and abroad. | |
| 1693. |
Which bank has signed an MoU with Indian Air Force to provide specially designed products to the defence personnel under the bank's flagship scheme of 'Rakshak Plus'? |
| Answer» PNB has signed an MoU with IAF to provide specially designed products to the defence personnel under the bank's flagship scheme of 'PNB Rakshak Plus'. | |
| 1694. |
Which bank has launched 'Video-based Customer Identification Process (V-CIP)' for account opening? |
| Answer» Karnataka Bank has launched the facility of online Savings Bank (SB) account opening through 'Video-based Customer Identification Process (V-CIP)'. | |
| 1695. |
The NABARD has launched the "My Pad My Right programme", in Leh. Who is the chairman of Nabard? |
| Answer» National Bank for Agriculture and Rural Development (NABARD), Chairman Dr GR Chintala has launched the "My Pad My Right programme", in Leh. | |
| 1696. |
The Union Cabinet expanded the scope of GeM to allow which entities to register as buyers? |
| Answer» The Union Cabinet expanded the scope of the public procurement portal Government e-Marketplace (GeM) to allow cooperative societies to register as buyers. | |
| 1697. |
Which bank has launched its KCC Digital Renewal scheme, enabling eligible customers to renew their Kisan Credit Card? |
| Answer» Indian Bank Unveiled KCC Digital Renewal Scheme enabling customers to renew their Kisan Credit Card accounts through the digital platform. | |
| 1698. |
Who has announced that it became the 1st RBI licensed PPI to launch cash withdrawal using a RuPay-powered card from any ATMs across the country? |
| Answer» OmniCard becomes 1st RBI licensed PPI to launch cash withdrawal across all ATMs PAN India. | |
| 1699. |
Which payments bank has partnered with Go Digit General Insurance Limited to provide small and medium business owners with shop insurance coverage? |
| Answer» Fino Payments Bank Limited has partnered with Go Digit General Insurance Limited, one of India's fastest-growing general insurers, to provide small and medium business owners with shop insurance coverage. | |
| 1700. |
Which bank appointed R Subramaniakumar as the new MD & CEO? |
| Answer» Banking sector veteran R Subramaniakumar, will take charge of private sector RBL Bank from June 24, replacing the interim MD & CEO Rajeev Ahuja. | |