Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
36. 

Which bank has partnered with the National Payments Corporation of India and the umbrella entity for digital payments in India to launch "RuPay SoftPoS"?

A. ICICI
B. SBI Payments
C. LIC
D. Axis

Answer: Option B

Explanation:

The National Payments Corporation of India, the umbrella entity for digital payments in India, and SBI Payments have partnered to launch "RuPay SoftPoS".

37. 

Which bank has tied up with WhatsApp to start WhatsApp banking service?

A. Axis Bank
B. HDFC Bank
C. SBI
D. Yes Bank

Answer: Option A

Explanation:

The Private sector bank Axis Bank is embarking on a partnership with social chatting app WhatsApp to offer basic banking services.

38. 

The government of India has made amendments in which Insurance Ombudsman Rules?

A. Insurance Ombudsman Rules 2008
B. Insurance Ombudsman Rules 2020
C. Insurance Ombudsman Rules 2017
D. Insurance Ombudsman Rules 2001

Answer: Option C

Explanation:

The government has notified the amendment to Insurance Ombudsman Rules, 2017 to improve the mechanism for timely, cost-effective and impartial resolution of complaints regarding deficiencies in insurance services.

39. 

Matam Venkata Rao has recently been appointed as the new Managing Director and Chief Executive Officer of which bank?

A. Bank of India
B. Punjab National Bank
C. Canara Bank
D. Central Bank of India

Answer: Option D

Explanation:

Matam Venkata Rao has been sworn in as the new Managing Director and Chief Executive Officer of state-run of the Central Bank of India.

40. 

Which bank has signed a corporate agency agreement with the SBI General Insurance to retail its insurance products to the bank customers?

A. SBI
B. Indian Overseas Bank
C. Bank of India
D. Union Bank of India

Answer: Option B

Explanation:

The Public sector Indian Overseas Bank has signed a corporate agency agreement with SBI General Insurance to retail its insurance products to bank customers.