Banking General Awareness- Current Developments in Indian Banking Set 1

1.

Which of the following statements is/are correct about BHIM app?
I. The app is interoperable with Unified Payment interface.
II. It uses Immediate Payment Service (IMPS) system.

I only II only Both I and II None of the above

2.

Which of the following agencies has developed the BHIM app?

RBI National Payments Corporation of India National Informatics Centre None of the above

3.

Which of the following merged with the SBI?

State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and UCO Bank UCO Bank, Dena Bank, Bandhan Bank, Gramin Bank, and Axis Bank None of the above

4.

The Government launched the "Indradhanush 2.0" programme after the finalization of the completion of Asset Quality Review (AQR) by the RBI. The deadline set for AQR is

Mar-2017 Jun-2017 Sep-2017 Dec-2017

5.

Which of the following reflects the aim of Asset Quality Review?

To clean up the balance sheets of PSBs To ensure compliance with Basel-111 Both [a] and [b] None of the above

6.

Which of the following is India's first international stock exchange opened in 2017?

India INX Bombay Stock Exchange National Stock Exchange of India Calcutta Stock Exchange

7.

Which of the following statements is/are correct about India INX?

It is a partially-owned subsidiary of the Bombay Stock Exchange (BSE). It was inaugurated at International Financial Service Centre in Gandhinagar. Both [a] and [b] None of the above

8.

Which of the following became India's first payment bank after it was formally launched on 12 January 2017?

Airtel Payments Bank Vodafone M-Pesa Aditya Birla Idea Payments Bank None of the above

9.

Which of the following financial institutions during January 2017 received RBI's in- principle approval to pick up a 51% stake in Catholic Syrian Bank?

BancFirst Corporation Fairfax Financial Holdings Berkshire Hathaway Capital One Financial Corporation

10.

Which of the following statements is/are correct about EazyPay app?

It was launched by HDFC Bank. It consolidates all digital wallets, QR code. Unified Payments Interface (UPI), and credit & debit cards modes of payments. Both [a] and [b] None of the above

Banking General Awareness- Current Developments in Indian Banking Set 1

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Banking General Awareness- Current Developments in Indian Banking Set 1

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