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 financial institute approved $50 million policy based loan to boost West Bengal's digital platform?

A. World Bank
B. ADB
C. International Finance Corporation
D. European Investment Bank

Answer: Option B

Explanation:

The Asian Development Bank has approved a $50 million policy-based loan to improve operational efficiencies and resource planning and management in India's eastern state of West Bengal.

2. 

The RBI has proposed merging financially troubled lakshmivilas bank with which bank?

A. Canara Bank
B. DBS Bank India Ltd
C. Punjab & Sind Bank
D. Dena Bank

Answer: Option B

Explanation:

The Reserve Bank has proposed merging Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL). DBIL will inject Rs 2,500 crore into the merged entity to support its financial position.

3. 

Which bank become India's first bank to launch cardless EMI facilities?

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

Answer: Option B

Explanation:

ICICI Bank is the first in the industry to introduce a fully digital, cardless EMI facility at retail stores. ICICI Bank has tied up with Pine Labs to offer this facility across pan-India outlets of leading retailers

4. 

Which of the following banks has been kept in the red flag list for monitoring foreign portfolio investor limits?

A. HDFC Bank
B. IndusInd Bank
C. PNB Bank
D. Both A and B

Answer: Option D

Explanation:

HDFC Bank and IndusInd Bank have been put in the 'red flag' list, a system used for monitoring foreign portfolio investor (FPI) limits. A listed company enters the list when the available legroom for overseas investment is less than 35% of the permissible limit.

5. 

Which bank has launched CASA mobilization campaign?

A. HDFC Bank
B. DBS Bank
C. State Bank
D. Karnataka Bank

Answer: Option D

Explanation:

Karnataka Bank launched CASA campaign of FY21, a nationwide savings and current account mobilization campaign starting from November 17, 2020 to March 4, 2021.