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. 

How many DCBs will be merged to form Kerala Bank?

A. 12
B. 13
C. 11
D. 14

Answer: Option B

Explanation:

The Reserve Bank of India (RBI) approved the amalgamation of all the 13 district co-operative banks (DCBs) of Kerala with Kerala State Co-operative Bank to form the Kerala Bank.

2. 

Who among the following has been launched as the chief operating officer of Yes Bank?

A. Anita Pai
B. Jasneet Bachal
C. Rahul khurana
D. Aditi Bose

Answer: Option A

Explanation:

Yes Bank Ltd appointed Anita Pai as the chief operating officer (COP). It also appointed Jasneet Bachal as the chief marketing officer (CMO) of the bank.

3. 

Which Bank has recently reduced the lending rates by ten basis points?

A. PNB
B. SBI
C. OBC
D. PMC

Answer: Option B

Explanation:

The State Bank of India (SBI) on October 10, 2019 reduced its lending rates by ten basis points and revised the savings rate by 25 basis points for fixed deposits under Rs 1 lakh.

4. 

Reserve Bank of India (RBI) has put the Prompt Corrective Action (PCA) Framework against which bank?

A. Axis Bank
B. Lakshmi Vilas Bank
C. Karnataka Bank
D. Dhanlaxmi Bank

Answer: Option B

Explanation:

The country's central bank, Reserve Bank of India (RBI) has put the Prompt Corrective Action (PCA) Framework against Lakshmi Vilas Bank (LVB) after an inquiry against the directors of the bank over the alleged fraud. RBI puts the bank in PCA due to reasons like high net NPA (Non Performing Assets), insufficient capital to risk-weighted assets ratio (CRR) and Common Equity Tier 1 (CET1) negative RoA (Return on assets) for two consecutive years and high leverage, based on the on-site inspection under the Risk Based Supervision carried out for the year ended 31 March, 2019. The bank's net NPA registered at 7.49%, capital adequacy ratio was at 7.72% and its RoA was -2.32% as on March 2019.

5. 

What is the name of submarine which is commissioned by Shri Rajnath Singh to modernize the Navy and equip it with the best platforms, weapons?

A. INS Sindhughosh
B. INS Arihant
C. INS Khanderi
D. INS Kalvari

Answer: Option C

Explanation:

Union Defence Minister Rajnath Singh commissioned (September 28, 2019) the INS Khanderi in Mumbai, making it the second Scorpene-class submarine to join the submarine arm of the Indian Navy.