Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
66. 

Which bank released its 3rd bi-monthly monetary policy statement 2020-21?

A. SBI
B. RBI
C. AXIS Bank
D. ICICI

Answer: Option B

Explanation:

The Monetary Policy Committee of the Reserve Bank of India met on 7th, 8th and 9th October for its third meeting of 2020-21. Reserve Bank of India (RBI) governor Shaktikanta Das has announced crucial policy decisions at the Bank's 3rd bi-monthly monetary policy.

67. 

NABARD inked 3 MoUs with which Bank to extend credit support?

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

Answer: Option B

Explanation:

National Bank for Agriculture and Rural Development (NABARD) has inked three Memorandum of Understanding (MoU) with State Bank of India (SBI) to extend credit support for various NABARD projects.

68. 

Which bank tied-up with Vistara to launch co-branded forex card?

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

Answer: Option D

Explanation:

Axis Bank in partnership with India's full-service carrier, Vistara launched a Co-Branded Forex Card, 'Axis Bank Club Vistara Forex Card' to cater to the needs of international travellers. This is the 1st-ever collaboration by a bank and an Indian airline for a co-branded forex card.

69. 

J Venkatramu has been appointed as MD and CEO of which bank?

A. SBI
B. RBI
C. India Post Payments Bank
D. PNB

Answer: Option C

Explanation:

J Venkatramu has been appointed the managing director and chief executive officer of India Post Payments Bank (IPPB). He will succeed Suresh Sethi, who served the post till March 2020. Venkatramuis presently working as the chief digital officer in Equitas Small Finance Bank. He has been appointed to the post of MD and CEO of IPPB for a period of three years.

70. 

Which authority launched online startup platform 'Startup India Showcase'?

A. RBI
B. Government of India
C. President
D. Google

Answer: Option B

Explanation:

The Department for Promotion of Industry and Internal Trade (DPIIT) has launched an online discovery platform for startups called "Startup India Showcase". The main aim of this website is to make a repository of India's most promising startups that have proved their capabilities, from across sectors such as fintech, enterprise tech, social impact, health tech, and edutech, among others.