Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
16. 

Mastercard and which bank has come together to launch the Worlds 1st QR on Card Program ConQR?

A. Central Bank of India
B. Allahabad Bank
C. Bank of India
D. Bank of Baroda

Answer: Option D

Explanation:

The Mastercard and BOB Financial Solutions Limited (BFSL) has come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR.

17. 

Which payment bank has become the 1st to enable Rs.2 lakh day end balance account limit?

A. Paytm
B. Airtel
C. Fino
D. India Post

Answer: Option B

Explanation:

The Airtel Payments Bank is now the first payments bank in the country to enable an amount of ? 2 lakh of day-end account balance limit.

18. 

What is the revised GDP growth rate projection for India in FY22 by SBI Research?

A. 10.4%
B. 9.5%
C. 11%
D. 12%

Answer: Option A

Explanation:

The State Bank of India (SBI) Research has revised India's GDP growth rate for FY22 (2021-22) to 10.4%.

19. 

RBI has allowed banks to pay dividends on equity shares for FY21 up to a maximum of what percent of the prescribed dividend payout ratio?

A. 40%
B. 50%
C. 75%
D. 25%

Answer: Option B

Explanation:

The new notification of RBI allows commercial banks to pay dividends not more than 50 percent of the amount determined as per the dividend payout ratio prescribed.

20. 

RBI has approved the appointment of Atanu Chakraborty as the part-time Chairman of which bank?

A. ICICI Bank
B. Axis Bank
C. Kotak Mahindra Bank
D. HDFC Bank

Answer: Option D

Explanation:

The RBI has approved the appointment of former Economic Affairs Secretary, Atanu Chakraborty, as the part time chairman and additional independent director of the private sector lender HDFC Bank.