Exercise :: Banking - Latest Current Affairs
- Banking - Latest Current Affairs
| 1. | Which of the following Bank has been nominated by Govt. for collection of donations for PM-CARES Fund? |
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Answer: Option C Explanation: PSB Indian Overseas Bank nominated by Govt. for collection of donations for PM-CARES (Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund) Fund.
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| 2. | Green Bonds of USD 100 million has been listed by which bank on India International Exchange Limited's (INX) Global Securities Market Green Platform (GSM)? |
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Answer: Option B Explanation: On April 2, 2020 the State Bank of India (SBI) has listed green bonds of USD 100 million (about Rs 750 crore) under its USD 10 billion global medium-term note programme on India International Exchange Limited's (INX) Global Securities Market Green Platform (GSM).SBI has adopted the green bond framework with the objective of creating a positive impact on the environment & this transaction is considered as part of the sustainability journey. The funds raised by green bonds are used to finance green projects that do not discharge toxic elements.
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| 3. | BharatPe has started COVID-19 Protection Insurance Cover in association with which bank? |
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Answer: Option A Explanation: For the first time, BharatPe, a New Delhi-based startup that is doing payment transaction business, has entered into the partnership with ICICI Lombard General Insurance Company Limited, a general insurance company in India, to introduce 'COVID-19 Protection Insurance Cover' for shopkeepers, who are most affected financially due to Coronavirus (COVID-19) outbreak.
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| 4. | Which bank has launched whatsapp banking? |
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Answer: Option A Explanation: On March 31, 2020, the ICICI Bank has launched Whatsapp banking to assist its customers in meeting the banking needs from homes during the lockdown.
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| 5. | Which bank is to provide 1 billion USD to Government of India to implement Covid-19 Emergency Response and Health Systems preparedness project? |
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Answer: Option B Explanation: On April 1, 2020, the World Bank announced that it is to offer 1 billion USD to Government of India to implement Covid-19 Emergency Response and Health Systems preparedness project.
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