Exercise :: Banking - Latest Current Affairs
- Banking - Latest Current Affairs
| 1. | Which bank launched the iBox Service recently in India? |
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Answer: Option B Explanation: ICICI Bank launches 'iBox' self-service delivery tool for customers to collect their deliverables like debit cards and cheque books from the bank bran nch near to their home/office.
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| 2. | Which bank has recently launched a 'Cardless Cash Withdrawal' facility from its ATMs? |
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Answer: Option B Explanation: ICICI Bank announced the launch of a 'Cardless Cash Withdrawal' facility from its ATMs on 21 January 2020.ICICI Bank's Cardless Cash Withdrawal service will allow customers to withdraw cash from over 15,000 ATMs of the bank by raising a request on its mobile banking app, iMobile.
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| 3. | Which of the following has recently exited Equifax Credit Information Services? |
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Answer: Option B Explanation: State-owned Bank of Baroda (BoB) has exited from credit information bureau Equifax Credit Information Services for a consideration of Rs 91.03 crore. In a regulatory filing, BoB sold 1,35,00,000 shares of a face value of Rs 10 for Rs 67.43 per unit.
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| 4. | With which bank Assam has signed $88 mn loan agreement to implement the Inland Water Transport Project? |
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Answer: Option B Explanation: World Bank signed an $88 million loan agreement with the Government of India and the Government of Assam on 16 January 2020. The loan is to help modernize Assam's passenger ferry sector that runs on its rivers including the Brahmaputra and implement Inland Water Transport Project.
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| 5. | Which bank has unveiled myApps application to boost digital payments? |
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Answer: Option D Explanation: In a first, HDFC Bank launched myApps application on 9 January 2020. The app aims to boost digital payments in India. MyApps is a customized suite of banking products. The app will benefit urban local bodies, housing societies, local clubs and gymkhanas, and religious institutions.
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