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 of the following has recently exited Equifax Credit Information Services?

A. ICICI Bank
B. Bank of Baroda
C. Punjab National Bank
D. Axis Bank

Answer: Option B

Explanation:

State-owned Bank of Baroda (BoB) has exited from credit information bureau Equifax Credit Information Services for a consideration of Rs 91.03 crore. In a regulatory filing, BoB sold 1,35,00,000 shares of a face value of Rs 10 for Rs 67.43 per unit.

2. 

With which bank Assam has signed $88 mn loan agreement to implement the Inland Water Transport Project?

A. Asian Development Bank
B. World Bank
C. Bank of China
D. Standard Chartered

Answer: Option B

Explanation:

World Bank signed an $88 million loan agreement with the Government of India and the Government of Assam on 16 January 2020. The loan is to help modernize Assam's passenger ferry sector that runs on its rivers including the Brahmaputra and implement Inland Water Transport Project.

3. 

Which bank has unveiled myApps application to boost digital payments?

A. ICICI
B. AXIS
C. DENA Bank
D. HDFC

Answer: Option D

Explanation:

In a first, HDFC Bank launched myApps application on 9 January 2020. The app aims to boost digital payments in India. MyApps is a customized suite of banking products. The app will benefit urban local bodies, housing societies, local clubs and gymkhanas, and religious institutions.

4. 

How much amount was raised by EXIM Bank through an overseas bond sale to execute regular activities?

A. $1 billion
B. $2 billion
C. $3 billion
D. $5 billion

Answer: Option A

Explanation:

Exim Bank raises $1 bn via overseas bond sale to execute regular activities. The Export Import Bank of India (Exim Bank) on January 7 said it has raised $1 billion (over Rs 7,000 crore) through an overseas bond sale which will be used for its regular activities.

5. 

P.R. Seshadri, who recently resigned was the MD of which bank?

A. Bharatiya Mahila Bank
B. Karur Vysya Bank
C. Sarva Haryana Gramin Bank
D. IDBI Bank

Answer: Option B

Explanation:

Private sector lender Karur Vysya Bank Ltd. MD and chief executive officer P.R. Seshadri has resigned citing personal reasons. The board accepted his resignation on January 4. He will be relieved from the services on March 31, 2020, as per his request.