Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
16. 

Whatsapp partnered with how many Banks for UPI Payment?

A. 3
B. 5
C. 6
D. 8

Answer: Option B

Explanation:

WhatsApp has partnered with five Indian banks to process its payment services. These are State Bank of India, HDFC Bank, ICICI Bank, Axis Bank and Jio Payments Bank. The Facebook-owned messaging platform, WhatsApp Inc., has received the approval from the National Payments Corporation of India (NPCI) to launch its Unified Payments Interface (UPI) based payments services in India, to let users send or receive money across the country.

17. 

Which bank increased Overseas Investment limits for Mutual Funds?

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

Answer: Option C

Explanation:

Securities and Exchange Board of India (SEBI) has enhanced the investment limits for Mutual Fund companies for overseas investments. Mutual Funds can make overseas investments subject to a maximum of US $ 600 million per Mutual Fund, within the overall industry limit of US $ 7 billion. Earlier it was USD 300 million.

18. 

Which bank launched 'Mine' a comprehensive banking programme?

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

Answer: Option B

Explanation:

Private lender ICICI Bank has launched a comprehensive banking programme for its millennial customers, (in the age bracket of 18 years to 35 years ), called 'ICICI Bank Mine'. The 'ICICI Bank Mine' is India's first and unique product launched by the bank to offer a mobile-first, highly personalised and experiential led banking experience to the millennial customers.

19. 

Shaktikanta Das Chaired which SAARC Central Bank Governors Meet?

A. 35th
B. 38th
C. 40th
D. 45th

Answer: Option C

Explanation:

The 40th Meeting of the SAARCFINANCE Governors' Group was held virtually, under the Chairmanship of Shri Shaktikanta Das, Governor, RBI. The meeting was attended by the Governors from SAARC central banks. During the meeting, Mr Das also inaugurated the SAARCFINANCE Sync, a closed user group secure communication network.

20. 

Which bank partnered with Paytm to launch contactless credit card?

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

Answer: Option C

Explanation:

SBI Card and Paytm will launch India's next generation credit cards. The credit card will be available in two variants, Paytm SBI Card and Paytm SBI Card SELECT, the product has been launched on the Visa platform. Paytm SBI Cards completely reimagine the credit card experience by enabling smart app features and providing superior rewards & benefits for its users.