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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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 bnak has collaborated with Innoviti Payment Solutions Pvt. Ltd. to provide EMI billing options on Debit Cards which are swiped on Innoviti Point of Sale terminals?

A. Kotak Mahindra Bank
B. ICICI Bank
C. Axis Bank
D. Canara Bank

Answer: Option A

Explanation:

Kotak Mahindra Bank (Kotak) and Innoviti Payment Solutions Pvt. Ltd. announced that they have collaborated to provide Equated Monthly Installments(EMI) billing options on Kotak Debit Cards which are swiped on Innoviti Point of Sale(POS) terminals.

2. 

Which Bank announced that it will offer 'ZipDrive', an online instant auto loan to its customers in 1,000 cities?

A. HDFC Bank
B. ICICI Bank
C. Axis Bank
D. Canara Bank

Answer: Option A

Explanation:

HDFC Bank announced that it will offer 'ZipDrive', an online instant auto loan to its customers in 1,000 cities. The auto loan disbursal product is only for customers with pre-approved offers. It is a technology-enabled loan product where credit assessment is done by banking software.

3. 

Which Bank has joined the Paris (France)-based Network for Greening the Financial System as an observer?

A. IMF
B. Asian Development Bank
C. New Development Bank
D. World bank

Answer: Option B

Explanation:

Asian Development Bank (ADB), a regional development bank, has joined the Paris (France)-based Network for Greening the Financial System (NGFS) as an observer. The NGFS is a global forum that brings together central banks and supervisors committed to understanding and managing the financial risks and opportunities associated with climate change.

4. 

Which bank in partnership with Computer Age Management Services launched 'Insta Loans against Mutual Funds', a facility for retail customers to avail loans upto Rs 1 crore?

A. Bank of Maharashtra
B. ICICI Bank
C. HDFC Bank
D. Indian Bank

Answer: Option B

Explanation:

ICICI Bank in partnership with Computer Age Management Services(CAMS) launched 'Insta Loans against Mutual Funds', a facility for retail customers to avail loans upto Rs 1 crore instantly by pledging their holdings in both debt and equity Mutual Funds(MFs).

5. 

Who is appointed as the New Managing Director of the Cholamandalam MS General Insurance Company promoted?

A. Padmaja Chunduru
B. V Suryanarayanan
C. Pallav Mohapatra
D. Shyam Srinivasan

Answer: Option B

Explanation:

The Cholamandalam MS General Insurance Company promoted V Suryanarayanan, President and COO of the company as the New Managing Director (MD) with effect from 1st July 2020 succeeding SS Gopalarathnam.