Current Affairs - Banking

Why Current Affairs Banking?

In this section you can learn and practice Current Affairs Questions based on "Banking" and improve your skills in order to face the interview, competitive examination and various entrance test (CAT, GATE, GRE, MAT, Bank Exam, Railway Exam etc.) with full confidence.

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IndiaBIX provides you lots of fully solved Current Affairs (Banking) questions and answers with Explanation. Solved examples with detailed answer description, explanation are given and it would be easy to understand. All students, freshers can download Current Affairs Banking quiz questions with answers as PDF files and eBooks.

Where can I get Current Affairs Banking Interview Questions and Answers (objective type, multiple choice)?

Here you can find objective type Current Affairs Banking questions and answers for interview and entrance examination. Multiple choice and true or false type questions are also provided.

How to solve Current Affairs Banking problems?

You can easily solve all kind of Current Affairs questions based on Banking by practicing the objective type exercises given below, also get shortcut methods to solve Current Affairs Banking problems.

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
1. 

Which bank won Central bank of the year award 2020?

A. Bank of Ghana
B. Bank of Baroda
C. Axis Bank
D. Canara Bank

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.

2. 

Which bank is to launch 'The Healthy Life Programme' for its customers?

A. SBI
B. PNB
C. HDFC
D. ICICI

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.

3. 

Which bank extended USD 400 million soft loan to Maldives?

A. RBI
B. EXIM
C. SEBI
D. SIDBI

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.

4. 

Which bank extended $400 mn Line of Credit to the Maldives?

A. RBI
B. SBI
C. EXIM Bank
D. SEBI

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.

5. 

Which bank aggregated exposure limit for small businesses?

A. SIDBI
B. SEBI
C. RBI
D. ADB

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.