Current Affairs - Banking

Why Current Affairs Banking?

In this section you can learn and practice Current Affairs Questions based on "Banking" and improve your skills in order to face the interview, competitive examination and various entrance test (CAT, GATE, GRE, MAT, Bank Exam, Railway Exam etc.) with full confidence.

Where can I get Current Affairs Banking questions and answers with explanation?

IndiaBIX provides you lots of fully solved Current Affairs (Banking) questions and answers with Explanation. Solved examples with detailed answer description, explanation are given and it would be easy to understand. All students, freshers can download Current Affairs Banking quiz questions with answers as PDF files and eBooks.

Where can I get Current Affairs Banking Interview Questions and Answers (objective type, multiple choice)?

Here you can find objective type Current Affairs Banking questions and answers for interview and entrance examination. Multiple choice and true or false type questions are also provided.

How to solve Current Affairs Banking problems?

You can easily solve all kind of Current Affairs questions based on Banking by practicing the objective type exercises given below, also get shortcut methods to solve Current Affairs Banking problems.

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
1. 

Which bank has tied up with WhatsApp to start WhatsApp banking service?

A. Axis Bank
B. HDFC Bank
C. SBI
D. Yes Bank

Answer: Option A

Explanation:

The Private sector bank Axis Bank is embarking on a partnership with social chatting app WhatsApp to offer basic banking services.

2. 

The government of India has made amendments in which Insurance Ombudsman Rules?

A. Insurance Ombudsman Rules 2008
B. Insurance Ombudsman Rules 2020
C. Insurance Ombudsman Rules 2017
D. Insurance Ombudsman Rules 2001

Answer: Option C

Explanation:

The government has notified the amendment to Insurance Ombudsman Rules, 2017 to improve the mechanism for timely, cost-effective and impartial resolution of complaints regarding deficiencies in insurance services.

3. 

Matam Venkata Rao has recently been appointed as the new Managing Director and Chief Executive Officer of which bank?

A. Bank of India
B. Punjab National Bank
C. Canara Bank
D. Central Bank of India

Answer: Option D

Explanation:

Matam Venkata Rao has been sworn in as the new Managing Director and Chief Executive Officer of state-run of the Central Bank of India.

4. 

Which bank has signed a corporate agency agreement with the SBI General Insurance to retail its insurance products to the bank customers?

A. SBI
B. Indian Overseas Bank
C. Bank of India
D. Union Bank of India

Answer: Option B

Explanation:

The Public sector Indian Overseas Bank has signed a corporate agency agreement with SBI General Insurance to retail its insurance products to bank customers.

5. 

Which payment bank has got the status of Scheduled Commercial bank?

A. Fino Payments Bank
B. NSDL Payments Bank
C. Paytm Payments Bank
D. India Post Payments Bank

Answer: Option A

Explanation:

The Fino Payments Bank has been Upgraded To Scheduled Commercial Bank Status.