Banking Awareness|| Part 2

Banking Awareness|| Part 2

 



What is the disinvestment target of Government for 2022-23?

A) Rs 78,000 crore

B) Rs 65,000 crore

C) Rs 75,000 crore

D) Rs 68,000 crore

Ans: Rs 65,000 crore


Explain: 

Union Budget 2022-23 proposes Rs 65,000 crore disinvestment target for 2022-23.


* This target is 17% lower than the revised estimate of 2021-22 (Rs 78,000 crore)


* Here, disinvestment is described as governments selling or liquidating assets or stakes in Public Sector Undertakings (PSUs).


* Government was estimated to meet 45% of its disinvestment target (Rs 78,000 crore against a target of Rs 1,75,000 crore) in 2021-22.


Q. 2: Dena Bank and Vijaya bank were recently merged with which bank?

A) Punjab National Bank

B) Bank of Baroda

C) Canara Bank

D) Bank of India

Ans: Bank of Baroda


MUFG Bank Ltd belongs to which country on which the Reserve Bank of India (RBI) has imposed a monetary penalty of ₹30 Lakh for non-compliance with its directions on ‘Loans and Advances – Statutory and Other Restrictions’?

A) China

B) Japan

C) South Korea

D) Malaysia

Ans: Japan


According to the Ministry of Commerce and Industry what amount of Foreign Direct Investment (FDI) inflows, India has received in the last five years?

A) USD 339.55 billion

B) USD 359.55 billion

C) USD 379.55 billion

D) USD 369.55 billion

Ans: USD 339.55 billion


India Post Payments Bank (IPPB) has signed a memorandum of understanding with which bank for offering banks’s various banking products and services to customers of the payments bank in semi-urban and rural areas, focussing on unbanked and underserved segments?

A) ICICI Bank

B) Yes Bank

C) HDFC Bank

D) Axis Bank

Ans: HDFC Bank


Union Minister Nitin Gadkari has inaugurated pilot project for Hydrogen based advanced Fuel Cell Electric Vehicle (FCEV). The project has been launched by the which motor company?

A) Toyota Kirloskar Motor Pvt. Ltd

B) Hyundai Motor Ltd

C) Tata Motor Ltd

D) Maruti Suzuki Ltd

Ans: Toyota Kirloskar Motor Pvt. Ltd


The MSME Ministry has announced the extension of the Rs 20,000-crore Credit Guarantee Scheme for Subordinate Debt (CGSSD) till _______.

A) 31st March 2023

B) 31st October 2024

C) 31st December 2023

D) 31st August 2024

Ans: 31st March 2023


SHWAS and AROG Schemes are two quick delivery schemes for COVID Preparedness. It has been launched by

A) NABARD

B) SIDBI

C) RBI

D) IDBI

Ans: SIDBI


According to the Henley Global Mobility Report 2022, Indian passport has been ranked at what position?

A) 81st

B) 82nd

C) 83rd

D) 84th

Ans: 83rd


Which public sector lender has entered into a strategic co-lending partnership with MAS Financial Services to offer loans to micro, small and medium enterprise (MSME) borrowers?

A) Canara Bank

B) UCO Bank

C) Bank of Maharshtra

D) Bank of India

Ans: Bank of Maharashtra


What will be the initial authorized share capital of National Land Monetization Corporation (NLMC)?

A) Rs 2,000 crore

B) Rs 3,000 crore

C) Rs 5,000 crore

D) Rs 10,000 crore

Ans: Rs 5,000 crore


Who has authored the book titled “Udaan Ek Majdoor Bachhe Ki” about Captain AD Manek that was released by the famous Bhajan Samrat Anup Jalota?

A) Mithilesh Tiwari

B) Anirudh Suri

C) Rajiv Kumar Bhatia

D) Uma Das Gupta

Ans: Mithilesh Tiwari


EaseMyTrip partners with which bank to launch environment-- friendly green international debit card?

A) DBS Bank

B) ICICI Bank

C) SBI Bank

D) HDFC Bank

Ans: DBS Bank


Who has taken charge of Forest Research Institute as the new Director?

A) Arun Singh Rawat

B) Omkar Singh

C) Renu Singh

D) Lalaram Thanga

Ans: Renu Singh


In partnership with the National Payments Corporation of India (NPCI) which bank has launched a ‘RuPay Select Contactless Debit Card’ with a host of benefits for its premium/HNI (High Networth Individuals) customers?

A) UCO Bank

B) Union Bank of India

C) Canara Bank

D) Bank of Baroda

Ans: UCO Bank


In which city is the country’s first Digital Water Bank ‘AQVERIUM’ was launched?

A) Ahmedabad

B) Jaisalmer

C) Bengaluru

D) Jaipur

Ans: Bengaluru


Who has been appointed as the head of the high-powered committee constituted by it to “consider the cumulative and independent impact of the Char Dham Mahamarg Vikas Pariyojana?

A) Justice AK Sikri

B) Justice R.K. Agrawal

C) Justice Adarsh Kumar Goel

D) Justice Jasti Chelameswar

Ans: Justice AK Sikri


What does ‘O’ stands for in IBOR?

A) Offset

B) Offered

C) Offshore

D) Outstanding

Ans: Offered


In partnership with which bank and NPCI, software company ToneTag has recently rolled out its VoiceSe UPI digital payments for feature phone users?

A) Paytm Payments Bank

B) Airtel Payments Bank

C) India Post Payments Bank

D) NSDL Payments Bank

Ans: NSDL Payments Bank


According to TomTom Traffic Index's global top 25 list what is the rank of Mumbai as most congested cities in the world in 2021?

A) 1st

B) 3rd

C) 5th

D) 7th

Ans: 5th


How much amount has the cabinet approved for the improvement and acceleration of the performance of MSME?

A) $318 million

B) $808 million

C) $945 million

D) $507 million

Ans: $808 million


What amount of sovereign loan has been provided by the Asian Development Bank (ADB) to India in 2021 including USD 1.8 billion towards coronavirus response?

A) USD 3.6 billion

B) USD 4.1 billion

C) USD 4.6 billion

D) USD 5.1 billion

Ans: USD 4.6 billion


Which of the following is the most valued company in terms of Mcap?

A) Reliance Industries

B) TCS

C) HDFC Bank

D) Infosys

Ans: Reliance Industries


Which institution releases the ‘Financial Stability Report (FSR)’?

A) International Monetary Fund (IMF)

B) NITI Aayog

C) Reserve Bank of India (RBI)

D) World Bank

Ans: Reserve Bank of India (RBI)


Monetary policy transmission refers to____

A) RBI not reducing CRR and SLR on regular basis

B) Government of India not reducing the tax rates

C) Banks passing the benefits of policy rate reduction to the consumers

D) All of the above

Ans: Banks passing the benefits of policy rate reduction to the consumers

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