Exercise :: Banking - Latest Current Affairs
- Banking - Latest Current Affairs
1. | Kotak General Insurance Collaborates with whom to offer Motor Insurance? |
|||||||
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? |
|||||||
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? |
|||||||
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? |
|||||||
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? |
|||||||
Answer: Option A Explanation: The Central Board of Direct Taxes (CBDT) notified the cost inflation index (CII) for FY 2022-23 as 331.
|