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Current Affairs - Finance

Exercise : Finance - Latest Current Affairs
  • Finance - Latest Current Affairs
211.
What was the consolidated balance sheet growth achieved by Indian banks in the fiscal year 2022-23, as per the RBI report?
10.5%
12.2%
15.8%
8.7%
Answer: Option
Explanation:
Indian banks achieved a remarkable 12.2% consolidated balance sheet growth in the fiscal year 2022-23, as highlighted in the RBI report, emphasizing the need for ongoing fortification through governance.
Date : 2023-12-28
212.
What was the value of India's foreign exchange reserves in the week ending December 15, the highest level since March 2022?
$607 billion
$598 billion
$625 billion
$616 billion
Answer: Option
Explanation:
India's foreign exchange reserves reached a 20-month high, totalling $616 billion in the week ending December 15, marking the highest level since March 2022.
Date : 2023-12-24
213.
What is the primary objective of the memorandum of understanding (MoU) signed between ArSRLM and SBI?
Facilitate agricultural development in Arunachal Pradesh
To offer extensive banking services to self-help groups
Enhance rural education infrastructure
Promote industrial growth in the state
Answer: Option
Explanation:
The MoU between ArSRLM and SBI aims to provide comprehensive banking services to self-help groups (SHGs) in Arunachal Pradesh, marking a strategic alliance for financial empowerment.
Date : 2023-12-22
214.
Until when has LIC been granted an extension to achieve the 25% Minimum Public Shareholding (MPS) rule, as per the one-time exemption by the Ministry of Finance?
May 2025
May 2028
May 2030
May 2032
Answer: Option
Explanation:
LIC (Life Insurance Corporation of India) was granted a one-time exemption by the Ministry of Finance to achieve the 25% Minimum Public Shareholding (MPS) rule within 10 years of listing, with the deadline extended to May 2032.
Date : 2023-12-22
215.
Which financial institution is involved in a bancassurance partnership with IDFC First Bank to offer comprehensive insurance solutions?
Bajaj Allianz Life
ICICI Prudential Life Insurance
Aditya Birla Sun Life Insurance
Tata AIG General Insurance
Answer: Option
Explanation:
Aditya Birla Sun Life Insurance has entered into a strategic bancassurance partnership with IDFC First Bank to provide comprehensive insurance solutions to the bank's extensive customer base.
Date : 2023-12-21
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