Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
46. 

As per HSBC, what is the growth rate projection of India in fiscal 2021-22?

A. 9%
B. 10.5%
C. 11.2%
D. 12.1%

Answer: Option C

Explanation:

HSBC has raised its growth forecasts for India in the coming fiscal year 2021-22 (FY22) from 9 percent to 11.2 percent.

47. 

RBI has brought which bank under its regulatory purview?

A. State Bank of Sikkim
B. State Bank of Goa
C. State Bank of Assam
D. State Bank of Jammu

Answer: Option A

Explanation:

The Reserve Bank of India (RBI) has brought State Bank of Sikkim under its regulatory purview.

48. 

How many members are there in the expert panel formed by RBI to suggest steps for strengthening and consolidating Primary (Urban) Co-operative Banks (UCBs)?

A. 8
B. 10
C. 7
D. 9

Answer: Option A

Explanation:

The RBI has constituted an eight-member expert committee on Primary (Urban) Co-operative Banks (UCBs) to examine issues and suggest a road map for strengthening the sector.

49. 

Which organization has developed the report 'Traffic Crash Injuries and Disabilities: The Burden on Indian Society'?

A. World Bank
B. IMF
C. Economist Intelligence Unit
D. RBI

Answer: Option A

Explanation:

The World Bank has released a comprehensive report titled 'Traffic Crash Injuries and Disabilities: The Burden on Indian Society' in association with the SaveLife Foundation.

50. 

How much amount has been committed by the EXIM Bank through Line of Credit to fund the Greater Male Connectivity Project of the Government of Maldives?

A. USD 500 million
B. USD 400 million
C. USD 300 million
D. USD 700 million

Answer: Option B

Explanation:

The Export-Import Bank of India (Exim Bank) will provide USD 400 million to Maldives through Line of Credit (LoC) to fund Greater Male Connectivity Project.