Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
11. 

Which bank launched employee-assistance programme?

A. SBI
B. PNB
C. Bank of Baroda
D. HDFC

Answer: Option C

Explanation:

Bank of Baroda (BoB) has introduced a new employee-centric initiative, called the Employee Assistance Programme, aimed at helping employees deal with personal and professional issues through psychological counselling and consulting. Aware of the importance of workplace counselling, BoB has introduced this as a pilot project in the Mumbai Zone and its corporate office. The initiative uses technology extensively and uses multiple channels of assistance in addition to personal counselling in association with EAP India.

12. 

Which bank partnered with Bharti Axa General Insurance to offer car insurance?

A. Paytm Bank
B. Airtel Payments Bank
C. SBI
D. RBI

Answer: Option B

Explanation:

Airtel Payments Bank has announced Smart Drive Private Car Insurance in association with Bharti Axa General Insurance. As per the company, the insurance offers financial protection against damage to the vehicle due to accident, theft, and natural and man-made disasters. It also compensates for injury or damages to another person or property caused due to a car accident.

13. 

Which insurance company launched cancer awareness drive on social media?

A. LIC
B. Bharti AXA
C. ICICI Lombard
D. Birla Sun Life

Answer: Option B

Explanation:

Bharti AXA General Insurance has launched #CancerSendsNoNotifications campaign - a special initiative to increase awareness and spread knowledge on detecting the disease early among people in India. You can join the campaign to become aware of the disease by following them on social media platforms. Observing the 'National Cancer Awareness Day', the company has embarked upon this social media campaign comprising a series of activities to be held throughout the month to highlight the significance of increased awareness about cancer prevention and early detection among the public. Through this cancer awareness drive, Bharti AXA aims to engage with close to a million Indians on Facebook, Instagram and LinkedIn.

14. 

Which bank introduced Employee Assistance Program, a new employee Central initiative to help employees to deal with personal and professional issues in psychological consulting and counselling?

A. Punjab National bank
B. Bank of India
C. Bank of Baroda
D. bank of Maharashtra

Answer: Option C

Explanation:

Bank of Baroda (BOB) has introduced Employee Assistance Program, a new employee Central initiative to help employees to deal with personal and professional issues in psychological consulting and counselling.

15. 

Which bank is to acquire shares in CSC e-Governance for Rs 36 crore?

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

Answer: Option C

Explanation:

Axis Bank has acquired over 57,700 shares in CSC e-Governance Services India Ltd for Rs 36.38 crore, the lender said on Thursday. Axis Bank has executed a pact for subscribing to 57,743 equity shares of a face value of Rs 1,000 each to be issued by CSC e-Governance Services India Ltd at Rs 6,300 per equity share, the lender said in a regulatory filing.