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. 

Kotak General Insurance Collaborates with whom to offer Motor Insurance?

A. UPI
B. PhonePe
C. MobiKiwik
D. Paytm

Answer: Option B

Explanation:

Kotak Mahindra General Insurance Company Limited announced that it has partnered with PhonePe Insurance Broking Services Pvt.

2. 

Which bank suspended the License of Millath Co-Operative Bank Due to Inadequate Capital?

A. PNB
B. RBI
C. ADS
D. BOB

Answer: Option B

Explanation:

The Reserve Bank of India (RBI) has cancelled the licence of Millath Co-operative Bank Ltd.

3. 

Which small finance bank has launched ENJOI an exclusive savings account for kids?

A. Capital small finance bank
B. Equitas small finance bank
C. Janlakshmi small finance bank
D. Utkarsh small finance bank

Answer: Option B

Explanation:

Equitas small finance bank has launched ENJOI an exclusive savings account for kids.

4. 

RBI has raised the AFA limit of e-mandates for transactions from Rs. 5,000 to how many Rupees?

A. Rs 10,000
B. Rs 30,000
C. Rs 20,000
D. Rs 15,000

Answer: Option D

Explanation:

The Reserve Bank of India raised the Additional Factor of Authentication (AFA) limit from Rs. 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and UPI for recurring transactions.

5. 

Which institution/ department notifies CII every year?

A. Central Board of Direct Taxes
B. Department of Economic Affairs
C. National Statistical Office
D. Reserve Bank of India

Answer: Option A

Explanation:

The Central Board of Direct Taxes (CBDT) notified the cost inflation index (CII) for FY 2022-23 as 331.