Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
36. 

Which bank has recently became co-promoter of Max Life Insurance Company?

A. RBL Bank
B. HDFC Bank
C. IDBI Bank
D. Axis Bank

Answer: Option D

Explanation:

The Axis Bank Ltd said that it has become co-promoters of Max Life Insurance Company Limited, after completion of the acquisition of 12.99% stake collectively by the Axis Entities in the company.

37. 

RBI projected India's real GDP growth for 2021-22 at how much percent in its monetary policy?

A. 10.5%
B. 10.2%
C. 10.0%
D. 10.9%

Answer: Option A

Explanation:

The projection of real GDP growth for 2021-22 is retained at 10.5 per cent.

38. 

The RBI fixed average base rate at what percent for NBFCs and MFIs?

A. 8.05%
B. 7.81%
C. 7.50%
D. 8.00%

Answer: Option B

Explanation:

According to the Reserve Bank, the average base rate that's charged by NBFC-MFIs from borrowers for the next quarter will be 7.81 per cent.

39. 

When will RBI Governor announce the bi-monthly monetary policy?

A. April 14th
B. April 10th
C. April 12th
D. April 7th

Answer: Option D

Explanation:

The Reserve Bank of India's Governor Shaktikanta Das is scheduled to announce the bi-monthly monetary policy at 10 am on April 7, 2021.

40. 

Which bank has become the first bank to partner with PhonePe to issue FASTags?

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

Answer: Option C

Explanation:

The ICICI Bank has become the first bank to partner with PhonePe for the issuance of FASTag.