Exercise :: Banking - Latest Current Affairs
- Banking - Latest Current Affairs
| 1. | Which bank won Central bank of the year award 2020? |
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Answer: Option A Explanation: "Bank of Ghana" has won the Central bank of the year award 2020. Apart from this, Mark Carney (Governor of the Bank of England) has won the Governor of the year at the Central bank of the year award 2020. Central Banking Awards is held annually to recognize excellence in the central banking community. This was the 7th edition of the award and the ceremony was held virtually on.
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| 2. | Which bank is to launch 'The Healthy Life Programme' for its customers? |
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Answer: Option C Explanation: India's leading private sector bank, HDFC Bank and Apollo Hospitals have collaborated to launch the "Healthy Life Programme", a holistic healthcare solution. This programme will be launched for HDFC Bank customers, to make healthy living accessible and affordable while making the process convenient and easy for the customers.
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| 3. | Which bank extended USD 400 million soft loan to Maldives? |
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Answer: Option B Explanation: The Export-Import Bank of India (Exim Bank) on behalf of the Government of India has extended a Line of Credit (LoC) of USD 400 million (about Rs 2,932 crore) to the Maldives.
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| 4. | Which bank extended $400 mn Line of Credit to the Maldives? |
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Answer: Option C Explanation: The Export-Import Bank of India (Exim Bank) has extended a $400 million Line of Credit (LoC) for the Greater Male Connectivity Project in the Maldives. The LoC was signed between Exim Bank General Manager Nirmit Ved and the Maldives Finance Minister Ibrahim Ameer.
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| 5. | Which bank aggregated exposure limit for small businesses? |
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Answer: Option C Explanation: Reserve Bank of India (RBI) has raised the banks' maximum aggregate retail exposure limit to entities with turnover up to Rs 50 crore to Rs 7.5 crore. Earlier this limit was Rs 5 crore. The decision has been taken to increase credit flow to small businesses. The risk weight of 75 per cent will apply to all fresh exposures and also to existing exposures where incremental exposure may be taken by the banks up to the revised limit of Rs 7.5 crore.
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