Expected Banking Questions from Current Affairs (Mar to Aug 2021)

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

Expected Banking Questions from Current Affairs

S. No Topics Page No

1. Mar 2021 – Expected Banking Questions 2

2. Apr 2021 – Expected Banking Questions 5

3. May 2021 – Expected Banking Questions 9

4. Jun 2021 – Expected Banking Questions 12

5. Jul 2021 – Expected Banking Questions 16

6. Aug 2021 – Expected Banking Questions 18

Mar 2021 – Expected Banking Questions

1. Which bank is set to launch credit cards in coming months and remains bullish about growth opportunities

on the retail portfolio?

2. With whom does have signed a bancassurance agreement for distribution of non-life

offerings? SBI General Insurance

3. Which has been included in the Second Schedule to the Reserve Act, 1934

recently? Fino Payments Bank

4. Which Bank organised a cricket tournament for AMO Guntur, Zonal Office Vijayawada and AMO Tirupati at

Pichukulagunta Grounds in Guntur? Bank of India

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

5. Which RRBs become first RRBs in the country to adopt this tech that offers zero contact onboarding of

customers, at par with commercial ? Telangana Grameena Bank, Andhra Pradesh Grameena Vikas

Bank

6. Who eased the listing norms for large companies, apparently paving the way for the much-awaited mega float

of Life Insurance Corporation (LIC)? Securities and Exchange Board of India (Sebi)

7. Who has launched its first overseas offering on 1 March 2021? (SBI) Mutual

Funds

8. Which bank will handle the salary account of the Indian army personnel?

9. How much does the World Bank plans to introduce a credit guarantee scheme to boost India’s rooftop solar

programme? $100-million

10. With whom does PNB Housing Finance has tied up for a strategic co-lending service that will facilitate retail

home loans at competitive rates?

11. Who announced the launch of 'YIELD' - an online platform to buy and sell bonds as well as debentures in the

secondary market? Axis Securities

12. Who has introduced Business Kisht Suraksha a unique cover aimed at protecting the balance sheet of MFIs,

financial institutions and banks in the event of a catastrophe or natural disaster? HDFC ERGO General

Insurance

13. Who has asked banks to implement the image-based Cheque Truncation System (CTS) in all branches by

September 30 this year?

14. How much does the Reserve Bank of India (RBI) has imposed a monetary penalty on State Bank of India

(SBI) for contravention of certain provisions of Section 10 of the Banking Regulation (BR) Act, 1949 and the

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

’s specific directions issued to the bank on payment of remuneration to employees in the form of

commission? Rs.2 crore

15. In order to boost rural innovation and entrepreneurship in the agri-businesses, Where does the National Bank

for Agriculture and Rural Development (Nabard) launched Rural Business Incubation Centre (RBIC)? Gujarat.

16. How much has the Piramal Capital and Housing Finance Ltd (PCHFL), a wholly owned subsidiary of Piramal

Enterprises Limited (PEL), raised through issuance of long-term, five-year non-convertible debentures

(NCDs) in two tranches? Rs.4,050 crore

17. Which bank has launched an instant EMI facility on its internet banking platform? ICICI Bank

18. Who headed the Reserve Bank of India (RBI)’s five-member Standing External Advisory Committee for the

purpose of evaluating applications for Universal Banks as well as Small Finance Banks? former RBI Deputy

Governor Shyamala Gopinath

19. For which bank does the Reserve Bank of India (RBI) has once again extended the restriction imposed

on scam-hit for a further period of 3 months till June 30, 2021? Punjab and Maharashtra

Cooperative (PMC) Bank

20. From when does various loans offered by Non-Banking Finance Companies (NBFC) and Micro

Finance institutes (MFI) are expected to be cheaper? April 1.

21. With whom does the Homegrown payments and banking technology company, Cashfree on announced

its partnership to enable international payments for merchants? PayPal

22. Which ecommerce company has renewed its iOS and Android app icon again? Amazon

23. Who was inducted into the unique Har-She campaign of world-renowned chocolate company Hershey for

International Women's Day? Dr. Kriti Bharti

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

24. With which ministry does Invest India in New Delhi signed an agreement to enhance cooperation? Union

Ministry of Women and Child Development

25. Who has launched the ‘Vikas Asha’ loan scheme for women? Dharwad-headquartered Vikas

Grameen Bank (KVGB)

26. Which country has surpassed Saudi Arabia as India’s second biggest oil supplier? United States

27. Which company has signed a share purchase agreement for acquiring 100% stake in a special purpose vehicle

(SPV) holding 50 MW operating solar project from Toronto-based SkyPower Global? Adani Green Energy

Limited (AGEL)

28. Which country supplied two Mobile Harbour Cranes (MHCs) each weighing 100 tons to Iran? India

29. Which company has established an e-Tendering Portal-PRANIT? Power Grid Corporation of India Limited

30. Who has announced a partnership between Biocon Pharma Limited, a wholly owned subsidiary of

Biocon Limited, and Libbs Farmaceutica, a pharmaceuticals company in Brazil, to launch generic

drugs in Brazil, the world’s sixth most populous country? Biocon Ltd

Apr 2021 – Expected Banking Questions

1. To when does the Reserve Bank of India, RBI, extended the deadline to process recurring online transactions with additional factor of authentication (AFA)? 30th September of this year

2. How much has the World Bank Board of Executive Directors approved to improve management capacity and quality of health services in Mizoram? USD 32 million

3. What is the updated current limit on maximum end of day balance increased from RS.1 lakh with a view to furthering financial inclusion and to expand the ability of payments banks to cater to the growing needs of their customers? Rs.2 lakh

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

4. How much has the Reserve Bank of India (RBI) decided to enhance the aggregate limit of ways and means advance (WMA) limit for all States and Union Territories? Rs.47, 010 crore, which is an increase of 46 per cent from the current limit of Rs.32,225 crore.

5. How much does the Reserve Bank of India (RBI) provide refinance aggregating to All India Financial Institutions (AIFIs)? Rs.50,000 crore (The National Bank for Agriculture and Rural Development will get Rs.25,000 crore, Rs.10,000 crore, and Small Industries Development Bank of India Rs.15,000 crore)

6. Who has decided to publish the Financial Inclusion Index? RBI 7. With which bank has Jeep India tied up to launch Jeep , which will curate financial solutions for Jeep customers and Jeep brand dealers?

8. Which country has inked an agreement with the state-run China Development Bank for a loan of USD 500 million, less than a month after it signed a currency swap deal worth USD 1.5 billion with Beijing, to ensure fiscal stability in the country amidst the challenges posed by the pandemic? Sri Lanka

9. Which bank has announced that it has become the top enabler of digital payments in the country by registering over 970 million digital transactions in March? Payments Bank Ltd (PPBL)

10. How much has National Housing Bank (NHB) rolled out a 'Special Refinance Facility-2021' (SRF- 2021) to provide short term refinance support to housing finance companies (HFCs) and other eligible Primary Lending Institutions (PLIs)? Rs.10,000-crore

11. Which bank said it is planning to raise up Rs 50,000 crore during the next 12 months through issuing bonds? HDFC Bank

12. How much does Food delivery platform Swiggy set to raise up from SoftBank Vision Fund 2 at a market valuation? $500 million

13. Which country has signed an agreement for USD 250 million financing from the World Bank to help create more and better jobs, recover faster from the COVID-19 pandemic and build resilience to future crises? Bangladesh Page 6 of 21

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

14. Reserve Bank of India has imposed restrictions on which company from adding new customers to their card networks from 1st of next month? American Express Banking Corp and Diners Club International Limited

15. What is the name of the new video-based wealth community launched by Home-grown digital financial services platform Paytm ? Paytm Wealth Community.

16. Which states have started receiving minimum support price (MSP) payment directly in their bank accounts under the Direct Benefit Transfer Scheme (DBT)? Punjab and Haryana

17. For how many years has the Reserve Bank of India (RBI) capped the tenure of bank MD and CEOs with immediate effect? 15 years.

18. Which bank has commenced operations as a with effect from April 26, according to the Reserve Bank of India? Uttar Pradesh-based Shivalik Small Finance Bank

19. Which bank recently has reported an impressive performance on many parameters in FY21 that include strong growth in net profit, good asset quality and higher business? Tamilnad Mercantile Bank (TMB)

20. How much has the Asian Development Bank (ADB) provided to India to deal with the COVID-19 pandemic? $ 1.5 billion

21. Which bank has signed an MoU with Bharat Sanchar Nigam Limited to provide seamless telecom services to the bank at a competitive rate?

22. Upto how much percent has the Centre proposed tax concession on the purchase of new vehicles on submission of scrappage certificate? 25 percent

23. How much has the United Payments Interface (UPI) processed in transaction value an all time high during March 2021, showed data shared by regulator National Payments Corporation of India (NPCI)? Rs 5.04 lakh crore

24. How much has India attracted a total FDI inflow during April 2020 to January, 2021? USD 72.12 billion 25. What is the growth projection of the International Monetary Fund (IMF) for the Financial Year 2021- 22? 12.5 per cent Page 7 of 21

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

26. Which company has launched online consultations in 15 vernacular languages? Practo 27. What is the GDP growth projection of India by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) in 2021-22? 7%

28. Which company along with Facebook have planned to lay two huge subsea cables, called Echo and Bifrost, to provide vital new connections between the Asia-Pacific region and North America? Google

29. Which company has entered into a commercial partnership with the Adani Group to strengthen logistics and data centre capabilities of the Walmart-owned company and create about 2,500 direct jobs? Flipkart

30. Who is reportedly acquiring speech-recognition company Nuance Communications for nearly USD 16 billion and the deal could be announced (US time)? Microsoft

31. Which Municipal Corporation has issued India’s first Green Municipal bond? Ghaziabad Municipal Corporation (GMC) (GMC has raised Rs. 150 crore at a cost of 8.1 percent through the issuance of green bonds)

32. Which car company has a golden opportunity to set up its manufacturing facility in India given the country's thrust on e-vehicles? Tesla

33. How much amount has the Amazon announced a fund that will focus on digitising small and medium businesses, and driving innovation in the areas of agri-tech and health-tech in India? USD 250 million (about Rs 1,873 crore)

34. For whom has NASA awarded a $2.9 billion contract to build a spacecraft to bring astronauts to the moon as early as 2024? Elon Musk's space company SpaceX

35. Which company has filed a draft red herring prospectus with the Securities and Exchange Board of India to raise funds via initial public offering? Aditya Birla Sun Life AMC Ltd

36. Which company has formed a partnership with Taiwan’s Gogoro Inc to develop electric vehicles for the Indian market? Hero MotoCorp

37. Where has ReNew Power commissioned a 105 megawatt (MW) solar generation facility ? Gujarat.

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

38. By when has Government extended certain timelines in order to give respite to taxpayers in difficult COVID times making payment under tax dispute resolution scheme Vivad Se Vishwas? By two months till 30th of June.

39. How much does the Indian market’s largest smartphone-seller Xiaomi introduced its flagship smartphone, the Mi 11 Ultra (5G), for the local market? Rs 69,999 price tag.

40. Who has directed insurers to approve Covid-related cashless claims within 60 minutes of receiving appropriate documents from the claimant? Insurance regulator IRDAI

41. How much has the Vedanta Chairman Anil Agarwal pledged to help India in its fight against deadly COVID-19 second wave? Rs 150 crore

42. Which bank has announced the launch of a comprehensive digital banking service that aims to empower over two crore offline and online retailers in the country? India’s second largest private sector lender, ICICI Bank

May 2021 – Expected Banking Questions

1. Which bank launched two quick-delivery schemes namely SHWAS and AROG that help MSME with funds who are working to deal the second wave of pandemic? Small Industries Development Bank of India (Sidbi)

2. How much does Reserve Bank of India (RBI) imposed a monetary penalty on ICICI Bank for non- compliance with its directions in the matter of shifting of securities from one category to another? Rs.3 crore

3. Which bank is considering picking up a stake in the National Asset Reconstruction Company (NARCL)? IDBI Bank

4. Which bank announced that customers with savings account deposits of over Rs 1 lakh will get an increased interest rate of 6pcpca?

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

5. How much does RBI announced second purchase of government securities under the G-sec Acquisition Programme (G-SAP 1.0) which held on 20th May 21 for an orderly evolution of the yield curve as a fresh COVID-19 wave threatens to hit the economy? Rs 35,000 crore

6. How much will Reserve Bank of India provide a term-liquidity facility to ease access of funds for emergency medical services? Rs. 50,000 crore

7. To whom does the Reserve Bank of India gave approval for Prepaid Payment Business? Bajaj Finance

8. With which bank has the European Investment Bank entered into a pact to jointly pump Euro 100 million in equity financing into Indian small businesses focused on climate change and sustainability? SBI

9. With which bank has the Common Services Centers (CSCs) jointly announced the launch of chatbot Eva’ on CSC’s Digital Seva Portal to support Village Level Entrepreneurs (VLEs) in providing banking services for last-mile rural consumers? HDFC Bank

10. With which bank has Mashreq Bank of UAE inked pact, to offer money transfer? Federal Bank 11. Which small finance bank has announced the launch of “I choose my number" feature for all its customers across India?

12. Which organization donated 100 concentrators with oxygen generation plants to Gujarat? Paytm Foundation

13. With which organization has entered into an agreement to provide a three-in- one account to the latter's customers? Geojit Financial Services

14. Which bank launched video KYC to open an account? 15. Which organization has introduced an automated process to obtain monthly foreign inward remittance advice (FIRA), allowing Indian merchants to download their monthly digital FIRA issued by banks? PayPal

16. Which bank has launched DigiGold, a digital platform for its customers to make investments in gold? Airtel Payments Bank Page 10 of 21

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

17. How much has World Bank extended to Sri Lanka for COVID-19 vaccination drive? USD 80.5 million 18. Which bank has announced the launch of its fully digitized loan processing system, offering over 50 products to MSME and agriculture sector? IDBI Bank

19. What is the name of the producted launched by HSBC India which is a digital banking solutions for its corporate customers? ‘HSBC SmartServe and HSBC IntelliSign’

20. Which bank has touched a new milestone by becoming the first Small Finance Bank to offer its NRI customer segment the ease of account opening online? Equitas mall Finance Bank

21. Which organization has been established as a unified regulator to develop and regulate financial products, financial services and financial institutions in the International Financial Service Centres (IFSCs) in India? International Financial Services Centres Authority (IFSCA)

22. Which bank officially revealed the debut of a one-of-a-kind feature that allows users to link their UPI (Unified Payments Interface) IDs to their ’Pockets’? ICICI Bank

23. Which company stated it has been listed among top 25 Best Big Companies to work for in the United Kingdom and among the Best Companies in the Consultancy sector? Tata Consultancy Services

24. Which company has raised $250 million from Japanese investment major SoftBank at a valuation of $1.45 billion, its co-founder and chief executive Bhavin Turakhia? Banking technology startup

25. Who has partnered with a Turkish global payment solutions company PayCore as a certified partner for RuPay Soft POS to promote contactless payments across the country? National Payments Corporation of India (NPCI)

26. How much does State-run ’s board approved a plan to raise up in the current financial year (FY22), of which Rs 2,500 crore will be through a Qualified Institutional Placement (QIP), to meet regulatory norms and support growth? Rs 9,000 crore

27. How much does the Reserve Bank of India (RBI) imposed a fine on private sector lender HDFC Bank Ltd for selling vehicle-tracking devices to its auto loan customers? Rs.10 crore

28. Which bank announced the implementation of TransUnion’s onboarding solution? YES BANK

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

29. Who will launch Nano Urea in the market next month? Indian Farmers Fertiliser Cooperative (IFFCO)

30. Which Digital payments provider is all set to make its market debut as early as this year, with an aim to raise $3 billion (around Rs 22,000 crore)? Paytm

Jun 2021 – Expected Banking Questions

1. Which crypto currency company launched a new lending platform for crypto asset exchange? ZebPay

2. The RBI cancelled the licence of which pune based bank as the lender does not have adequate capital and earning prospects? Shivajirao Bhosale Sahakari Bank

3. Which bank became the 1st in Asi-Pacific, 2nd Globally to offer ‘SWIFT gpi Instant’ Facility? ICICI Bank

4. Bharti AXA Life Insurance has entered into a bancassurance partnership with which bank for the distribution of its life insurance products? Shivalik Small Finance Bank.

5. NABARD has sanctioned Rs 254 crore to set up two mega piped drinking water supply projects in which state? Odisha

6. The Yamuna International Airport Pvt Ltd (YIAPL) has received the Rs 3725 crore from which bank for the development of Noida International Airport (NIA)? State Bank of India SBI

7. iMobile Pay’ app was launched by which bank ? ICICI BANK 8. Indian Bank has partnered with which leading wealth-tech company to offer a comprehensive suite of wealth management products and services to its customers? Fisdom

9. Which payment app tie-up with IndiaFirst Life Insurance for ‘Poorna Suraksha’ Insurance solutions for Retailers? Paynearby

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

10. Mention the name of the collateral-free unique loan for COVID-19 Treatment announced by SBI? Kavach Personal Loan

11. ‘Design your EMI’ to enable consumers to customize their equated monthly installments (EMIs) was announced by? Godrej Housing Finance (GHF)

12. Which payment app will now support debit card tokenization by SBI, IndusInd Bank and Federal Bank and credit cards by IndusInd Bank and HSBC? app

13. Cardless EMI facility was launched by? ICICI Bank 14. Which bank announced the launch of ‘Pay Your Contact’ an innovative feature on mobile banking app? Kotak Mahindra Bank (KMBL)

15. What is the name of the new healthcare business loan announced by State Bank of India (SBI)? 'Aarogyam'

16. Who has joined hands with lifestyle retail chain ‘Fabindia’ by launching contactless co-branded credit cards? SBI Cards

17. ‘STACK for Corporates’, a comprehensive set of digital banking solutions for corporates and their entire ecosystem was announced by? ICICI BANK

18. The World Bank has approved a USD 500 million program to help boost India's Which Sector? MSME Sector

19. Which bank and Government of India has signed a $2.5 million project readiness financing (PRF) loan to upgrade major district roads in Sikkim? Asian Development Bank

20. India and which bank sign $32 million loan agreement for Mizoram healthcare project? World Bank 21. Which Bank mentioned it has installed mobile ATMs across 50 cities in India? HDFC Bank 22. Which Bank has launched a NR savings account scheme for the Seafarer segment? Federal Bank 23. The Reserve Bank of India (RBI) has extended the bank license of the Rupee Cooperative Bank till? August 31, 2021.

24. NITI Aayog finalize the plan - privatisation of which public sector bank? Central Bank, Indian Overseas Bank Page 13 of 21

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

25. The RBI imposed a penalty aggregating to Rs 6 crore on which bank for contravention of norms? Bank of India(4 crore) and Punjab National Bank (2 crore)

26. Which company has deployed a conversational banking solution, WhatsApp Business, for Axis Bank? Karix Mobile

27. Which bank emerged as the top performer among public sector lenders in terms of loan and deposit growth during the financial year 2020-21? (BoM)

28. Federal Bank has expanded its collaboration with which company to provide improved customer experience? Oracle and Infosys

29. Ambuja Cement Foundation has joined hands with which institution for implementation of its employability through skill initiative project’s second phase? NABARD

30. Ujjivan Small Finance Bank stated it has collaborated with which platform to drive digital banking experiences in the unserved and underserved regions of the country? MoEngage

31. Monthly subscription (EMI) based insurance product was introduced by? Bengaluru-based Navi General Insurance

32. Paisabazaar.com and which bank announced the launch of Step Up Credit Card? SBM Bank India 33. The RBI imposed penalties of what amount on three cooperative banks, including Mogaveera Co- operative Bank Limited, Mumbai, Indapur Urban Cooperative Bank, BaramatiSahakari Bank for contravention of various norms? Rs 23 lakh

34. Afthonia Lab ties up with which bank Startup incubator Afthonia Lab announced a tie-up with private sector lender Yes Bank to empower fintech companies? Yes Bank

35. Women’s personal care brand, Clovia in partnership with which insurance launched a tailor- made insurance policy, “Women’s cancer shield”? Alliance Insurance

36. Which financial institution approved USD 125million assistance for the the Rebuild Kerala Initiative? World bank

37. Which insurance launched a centralized web-based workflow-based IT platform, “e-PGS”? LIC

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

38. Which bank tie up with LoanTap a digital lender providing loan options to the salaried segment of customers? Ujjivan small finance bank

39. How many have been recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) till now? 50,000 startups

40. Which IT giant launched Pace Port Amsterdam, a co-innovation and advanced research center designed to help customers? Tata Consultancy Services

41. Which is the first standards body in the country to join the central government's 'One Nation, One Standard'? Lucknow - based RDSO

42. Which IT major announced a partnership with Finastra to help corporate banks across Asia Pacific accelerate their digital transformation? WIPRO

43. The European Union and an energy investment programme founded by Bill Gates plan to raise up to what amount to roll out the low-carbon technologies ? $1 billion

44. Which social media launched a new initiative to provide students from leading law schools in the country a platform for research and mentorship on topics related to technology law? Facebook

45. Which e-commerce marketplace has launched a contactless, QR-code-based payment facility for all itspay-on-delivery shipments? Flipkart

46. Which online insurance agency got approval from regulator IRDAI to undertake insurance broking? Policybazaar

47. Which Bank received board approval for raising up to Rs 10,000 crore by issuing debt securities? Yes Bank

48. Which country received a 750-million US Dollar loan from the World Bank to support its budget and help the East African economy recover from the effects of the COVID-19 pandemic? Kenya

49. India exported the first commercial consignment of Geographical Indications (GI) certified which product from Bhagalpur, Bihar, to the United Kingdom? 'Jardalu' mangoes

50. NSDC tie-up with which chat based app to launch Digital Skill Champions programme? WhatsApp

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

51. Which telecom regulator join hands with Google Cloud to make long term strategic relationship for implementing 5G Technology? Jio

52. Google, Amazon, Microsoft take top spots as India's most attractive employer brands released by? REBR Survey 2021

Jul 2021 – Expected Banking Questions

1. ICICI Bank announced the launch of a comprehensive banking solution for doctors, called ? Salute Doctors.

2. Which Bank launched a Salaam Dil Sey initiative to show gratitude to doctors ? HDFC Bank 3. Which is the second most-valued listed public sector bank (PSB) with a market capitalization of over Rs 50,000 crore ? Indian Overseas Bank (IOB)

4. PayU, India's leading online payment solutions provider, has partnered with ? WooCommerce 5. Postpaid Mini is launched by ? Paytm 6. Who launched Mandate HQ, a platform dedicated to secure recurring payments ? Razorpay and Mastercard

7. Bajaj Allianz General Insurance is in Bankassurance with which bank ? Bank of India 8. The Reserve Bank of India (RBI) imposed restrictions on ______from onboarding new domestic customers ? Mastercard Asia Pacific Pte Ltd

9. The Reserve Bank of India (RBI) has extended the timeline for implementation of cassette swap in all ATMs till ? March 31, 2022.

10. The Reserve Bank of India has announced the ______Scheme that will give investors the facility of investing in government securities in one place ? 'RBI Retail Direct' scheme

11. The country's largest carmaker Maruti Suzuki India stated it has tied up with which bank to for offer inventory financing to its dealer partners ? Bank of Maharashtra

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

12. Which Bank was launched by RBI for stressed assets as a measure to clean up bank books ? Bad Bank

13. India emerges as ______holder in the world with $608.99 billion ? 5th largest forex reserves 14. LIC introduces ______Insurance Plan on a benefit-based, non-linked, non-participating, regular premium and individual health insurance policy ? Arogya Rakshak insurance plan

15. What is the name of the Digital Currency launched by RBI ? Central Bank Digital Currencies (CBDCs)

16. Dvara e-Dairy Solutions Pvt. Ltd. announced its partnership with ? IFFCO Tokio General 17. Magma Fincorp Limited rebrands its name as ? Poonawalla Fincorp Limited 18. Which Bank launched its CASA (current account, savings account) campaign on the 53rd Bank Nationalization day ? Indian Bank

19. Which Bank introduces ‘Dukandar Overdraft Scheme’ up to Rs 10 lakh overdraft facility for shopkeepers, merchants to ease cash crunch ? HDFC Bank

20. Which Bank become the first bank in the country to achieve the milestone of issuing 1 crore FASTags ?

21. Which IT Gaint publishes first transparency report under the new IT rules ? Google India 22. Digital payments platform PhonePe stated it has partnered with ______to enable pay-on- delivery service for the e-commerce major's orders under PhonePe's dynamic QR code solution ? Flipkart

23. E-commerce giant Amazon launched its first Digital Kendra in ? Gujarat's Surat. 24. Google Cloud unveiled second ‘Cloud Region’ in India at ? Delhi-NCR 25. Which insurance gaint introduces Optima Secure indemnity-based health insurance policy ? HDFC ERGO

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

Aug 2021 – Expected Banking Questions

1. What is the annual target of the central government's Fiscal Deficit attained at the end of June? 18.2 %

2. Which card service has partnered with IDBI Bank to launch 'Lumine' Platinum Credit Card and 'Eclat' Select Credit Card on the RuPay platform? LIC Cards Services

3. Which payment has set a new record in volume and value of transactions in the month of July? Unified Payments Interface (UPI)

4. The Prime Minister Narendra Modi would launch a new digital payment solution called ______virtually. e-RUPI

5. The Reserve Bank of India has decided to raise the interchange fee and made a facility of bulk clearing round the clock. It has become effective from following date? August 1

6. India’s first education financing platform, GyanDhan has received which approval from the RBI to disburse Rs 650 crore worth of education loans in FY22? Non-Banking Financial Company (NBFC)

7. The ‘Dukandar Overdraft Scheme’ has been launched by the HDFC Bank aimed at helping shopkeepers and merchants ease their cash crunch. What is the Minimum limit of the Overdraft? Rs 50,000

8. Which among the following organisation’s Board of Governors has approved a general allocation of Special Drawing Rights equivalent to US$650 billion to boost global liquidity? IMF

9. The government has lowered the loans disbursement target under the PM Mudra Yojana to ______Crore for the Financial Year 2022. 3 Lakh

10. The ICICI Prudential Life Insurance has partnered with which payment platform to provide the Unified Payments Interface AUTOPAY facility to customers? National Payments Corporation of India or NPCI

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Expected Banking Questions from Current Affairs (Mar to Aug 2021)

11. How much financial assistance has been approved by the Asian Development Bank for the ongoing Maharashtra Rural Connectivity Improvement Project? USD 300 million

12. s per the Finance Ministry, how much percent of the total number of Jan Dhan accounts remains inoperative? 14% 5.82 crore Jan Dhan (PMJDY) accounts are inoperative

13. Which bank has launched ‘Para Champions Programme’ to provide support for Para-athletes to qualify for upcoming Paralympic Games? IndusInd Bank

14. According to the RBI, the consumer price index based inflation has declined to what % in July from 6.26 % in June? 5.59%

15. The Reserve Bank of India has imposed a penalty of Rs 1 crore on which bank for deficiencies in regulatory compliances? Cooperatieve U.A

16. RBL Bank has chosen which ecommerce platform as its preferred cloud provider to strengthen its AI powered banking solutions and drive digital transformation at the Bank? Amazon

17. Which bank has set up an IFSC banking unit at India’s first International Financial Services Centre at GIFT City, Gujarat?

18. The Reserve Bank has cancelled the license of Raigad based KarnalaNagariSahakari Bank Limited. The bank is ______based. Maharashtra

19. Which organisation has inked an MOU with IDFC FIRST Bank to initiate ‘Honour FIRST, a premium banking solution for serving personnel and veterans? Indian Navy

20. Which bank has planned to raise capital by additional tier- I (AT1) bonds in the overseas market to fund its business growth? HDFC Bank

21. Which bank has launched a “green and sustainable” deposits programme for retail clients, funds? HDFC Bank

22. Which organisation has created a composite Financial Inclusion Index to capture the extent of financial inclusion across the country? RBI

23. Which rating agency has revised GDP growth rate to 9.4 per cent for FY22 from its earlier estimate of 9.6 per cent? India Ratings and Research (Ind-Ra) Page 19 of 21

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24. Which organisation has introduced new regulations on “round tripping” some of the largest Indian companies, startups and multinational companies with branches in India? Reserve Bank of India (RBI)

25. Which insurance company has launched 'eShield Next', a new age-term insurance policy, which raises or 'levels up' the protection coverage with the life milestones of the insured? SBI Life Insurance

26. NPCI International Payments Ltd has partnered with which bank to provide its mobile-based real-time payment system UPI in the gulf nation? UAE-based Mashreq Bank

27. The Reserve Financial institution of India has launched PRISM a web-based automation system, to strengthen compliance by supervised entities. What does P mean in PRISM? Platform for Regulated Entities for Built-in Supervision and Monitoring (PRISM)

28. Which Bank has launched the Cyber security Multi-Donor Trust Fund under the broader Digital Development Partnership? World Bank

29. How much financial assistance has been approved by ADB to expand the metro rail network in Bengaluru with construction of two new metro lines totaling 56 km in length? $500 million

30. Which car company has been partnering with Canara bank to avail financing options and car loans to the customers? Honda

31. Paypal has allowed ______to buy, hold and sell crypto currencies through the payment platform for the first time. UK

32. A Reserve Bank-appointment committee under the chairman ship of N. S. Vishwanathan has suggested ______tier structure for the urban cooperative banks. 4 Tier Structure

33. The Reserve Bank of India has approved the re-appointment of Sandeep Bakhshi, MD and CEO of which Bank? ICICI Bank

34. Pakistan has received $2.75 billion from which financial organisation under a Special Drawing Rights programme to support low-income countries hit by the corona virus? International Monetary Fund Page 20 of 21

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35. Which financial organisation has banned Kotak Mahindra Asset Management Company from launching fixed maturity plan schemes for six months? The Securities and Exchange Board of India (Sebi)

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