Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
236.
Which of the following is not one of the cooperative banks that faced penalties imposed by RBI recently?
Mangal Co-operative Bank
The Mahabaleshwar Urban Co-operative Bank
The Islampur Urban Co-operative Bank
The Delhi State Co-operative Bank Ltd
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has imposed monetary penalties on 4 cooperative banks - Mangal Co-operative Bank, The Mahabaleshwar Urban Co-operative Bank, The Islampur Urban Co-operative Bank and The Tapindu Urban Co-operative Bank for violating rules.

237.
Which of the following banks has sanctioned a USD 40.5 million loan for improving early childhood development and maternal mental health in Meghalaya?
IMF
Asian Development Bank
State Bank Of India
World Bank
Answer: Option
Explanation:
In a significant move towards improving early childhood development and maternal mental health, the Asian Development Bank (ADB) has sanctioned a USD 40.5 million loan for the northeastern Indian state of Meghalaya.