Current Affairs - Banking
Exercise : Banking - Latest Current Affairs
- Banking - Latest Current Affairs
201.
What is the new UPI payment limit set by the Reserve Bank of India for the healthcare and education sectors?
Answer: Option
Explanation:
The Reserve Bank of India increased the UPI payment limits specifically for healthcare and education sectors from Rs 1 lakh to Rs 5 lakh, as announced during the Monetary Policy Committee (MPC) announcement by RBI Governor Shaktikanta Das.
Date : 2023-12-09
202.
Which Indian financial institution has been honoured with the title "Bank of the Year (India) 2023" by The Banker, a renowned publication under the Financial Times umbrella?
Answer: Option
Explanation:
Federal Bank has been recognized as "Bank of the Year (India) 2023" by The Banker, highlighting its exceptional commitment to innovation, customer-centric services, and significant contributions to the banking industry.
Date : 2023-12-09
203.
Which company did IDFC FIRST Bank collaborate with to design the "FIRST SWYP" credit card, catering to the dynamic preferences of the youth?
Answer: Option
Explanation:
IDFC FIRST Bank collaborated with Mastercard to design the "FIRST SWYP" credit card, a youth-centric offering tailored to the dynamic preferences of Millennials and Gen Zs.
Date : 2023-12-09
204.
What action did the Reserve Bank of India (RBI) take regarding the Urban Co-operative Bank in Sitapur, Uttar Pradesh?
Answer: Option
Explanation:
RBI cancelled the license of Urban Co-operative Bank in Sitapur, Uttar Pradesh, effective from December 07, 2023, citing the cessation of banking activities.
Date : 2023-12-08
205.
With which institution did the Reserve Bank of India (RBI) sign a Memorandum of Understanding (MoU) on bond clearing settlement?
Answer: Option
Explanation:
RBI inked a crucial MoU with the Bank of England, facilitating substantial trade in Indian sovereign bonds through London lenders.
Date : 2023-12-03
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