Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
236.
Which of the following figures accurately represents the current repo rate?
5.6%
6.5%
7.2%
3.4%
Answer: Option
Explanation:
In its second bi-monthly monetary policy meeting of FY24, the RBI's Monetary Policy Committee has decided to keep the repo rate unchanged at 6.5%.

237.
Which bank has introduced a savings program exclusively for UHNIs (Ultra High Net Worth Individuals) and HNIs (High Net Worth Individuals)?
Bank of Baroda
Kotak Mahindra Bank
HDFC Bank
ICICI Bank
Answer: Option
Explanation:
Kotak Private Banking, a division of Kotak Mahindra Bank Limited, has launched Kotak Réserve, a Savings Programme curated exclusively for UHNIs (Ultra High Net Worth Individuals) and HNIs (High Net Worth Individuals).

238.
Which bank has introduced the Millennia Credit Card?
SBI Bank
ICICI Bank
HDFC Bank
PNB Bank
Answer: Option
Explanation:
HDFC Bank has launched a new credit card called Millennia, which offers cashback. The card is equipped with contactless technology, allowing customers to make payments by tapping the card on a POS machine. The HDFC Millennia Credit Card provides cashback and reward points on Amazon, Flipkart, and other e-commerce platforms.

239.
What is the purpose of the recently launched dashboard 'ANTARDRIHSTI'?
Reducing NPA
Financial Inclusion
Reducing stress on Banks
Increasing saving accounts
Answer: Option
Explanation:
RBI Governor Shaktikanta Das recently unveiled a new financial inclusion dashboard called 'Antardrishti.' The dashboard aims to provide valuable insights and track the progress of financial inclusion by capturing relevant data.

240.
Which bank has introduced a facility for cash withdrawals using UPI on its ATMs?
Bank of Baroda
State Bank of India
Yes Bank
RBI Bank
Answer: Option
Explanation:
Bank of Baroda has launched the Interoperable Cardless Cash Withdrawal (ICCW) facility, allowing customers to withdraw cash using UPI from the bank's ATMs.