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.

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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. 

Amit Saxena, Global Deputy CTO of Which Bank has joined as the Chief Technology Officer of RBI Innovation Hub?

A. Bank of Baroda
B. Axis Bank
C. State Bank of India
D. Punjab National Bank

Answer: Option C

Explanation:

Amit Saxena, Global Deputy CTO of State Bank of India joined RBI Innovation Hub as the Chief Technology Officer (CTO).

2. 

The RBI has given its nod to which bank to form a special committee of directors in order to oversee the operations?

A. Ujjivan Small Finance Bank
B. Equitas Small Finance Bank
C. IDFC First Bank
D. Yes Bank

Answer: Option A

Explanation:

The Reserve Bank of India has given its approval to the Ujjivan Small Finance Bank (SFB) to form a special committee of directors so that they can oversee the operations in absence of a CEO and MD.

3. 

Which organization has partnered with the Assam government to provide project-specific loans for upgrading MSME clusters?

A. National Small Industries Corporation
B. NABARD
C. SIDBI
D. State Bank of India

Answer: Option C

Explanation:

The Small Industries Development Bank of India has announced that project-specific moderately priced loan assistance under the SIDBI Cluster Development Fund (SCDF) will be extended to the state government of Assam for upgrading various existing MSME clusters and for developing new industrial infrastructural facilities in the state.

4. 

Which is the first bank in India to launch real-time online tracking for cross-border payments for corporate clients in partnership with SWIFT GPI?

A. Standard Chartered
B. ICICI Bank
C. DBS Bank
D. HSBC Bank

Answer: Option C

Explanation:

DBS Bank has launched real-time online tracking for cross-border payments for its corporate clients, in partnership with SWIFT Global Payments Innovation (GPI).

5. 

Which subsidiary of ICICI Bank has ceased to function as the subsidiary of the bank?

A. ICICI Lombard
B. ICICI Direct
C. ICICI Prudential
D. ICICI Securities

Answer: Option A

Explanation:

The ICICI Lombard General Insurance has ceased to operate as the subsidiary of the ICICI Bank, as the shareholding of the ICICI Bank in the company has come down from 51.86 percent to 48.08 percent.