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 launched the iBox Service recently in India?

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

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.

2. 

Which bank has recently launched a 'Cardless Cash Withdrawal' facility from its ATMs?

A. Axis Bank
B. ICICI Bank
C. HDFC Bank
D. Oriental Bank

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.

3. 

Which of the following has recently exited Equifax Credit Information Services?

A. ICICI Bank
B. Bank of Baroda
C. Punjab National Bank
D. Axis Bank

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.

4. 

With which bank Assam has signed $88 mn loan agreement to implement the Inland Water Transport Project?

A. Asian Development Bank
B. World Bank
C. Bank of China
D. Standard Chartered

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.

5. 

Which bank has unveiled myApps application to boost digital payments?

A. ICICI
B. AXIS
C. DENA Bank
D. HDFC

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.