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Expected Banking Questions from Current Affairs (May to Oct 2019)

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Expected Banking Questions from Current Affairs (May to Oct 2019)

S. No Topics Page No

1. May 2019 – Expected Banking Questions 2

2. June 2019 – Expected Banking Questions 6

3. July 2019 – Expected Banking Questions 9

4. Aug 2019 – Expected Banking Questions 12

5. Sep 2019 – Expected Banking Questions 15

6. Oct 2019 – Expected Banking Questions 20

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Expected Banking Questions from Current Affairs (May to Oct 2019)

May 2019 – Expected Banking Questions

1. ___________ announced a $1 billion investment in India over the next five years aimed at converting India into a vital node
in the company’s infrastructure, and also to continue business expansion.? Mastercard

2. ________has received approval from the National Housing Bank to sell its entire stake of 9.15% in Aadhar Housing Finance
to Blackstone’s arm.? Dewan Housing Finance (DHFL).

3. Reliance Industries (RIL) will acquire British toy retailer ____ for a cash consideration of £67.96 million (about Rs 620
crore).? Hamleys

4. Facebook will launch _____ from London before it rolls out digital payments in India ? WhatsApp Pay

5. FSSAI allows small organic growers to sell produce without certification till______ ? 2020

6. _______ has partnered with Google to increase access to its WiFi footprint in the country.? BSNL

7. _____ overtook Apple to claim the No. 2 spot in smartphones in the first quarter, moving a step closer to its avowed
ambition of displacing Samsung at the top of the market? Huawei Technologies

8. BSNL has become the first operator to start optical fibre-based high-speed broadband service in Pulwama with launch of
______ ? Bharat Fibre.

9. PNB Housing Finance will raise up to________ from foreign markets, and additional Rs 10,000 crore by issuing bonds.? USD
1 billion

10. Paytm has launched _________ (auto pay) service for merchants that are working on a digital subscription model?
Recurring payment

11. _____________ will sell policies through social media messaging platform WhatsApp and has tied up with web aggregator
Wishfin Insurance for speedy delivery of two-wheeler cover ? Bharti AXA General Insurance

12. Standard Life plans to sell_______ stake in HDFC Life Insurance? 1.78%

13. Doordarshan souvenir store available on __________ to help viewers savour the nostalgia of its famous shows and serials?
Amazon

14. ______ has become the most valuable business house in the country, surpassing Tatas, with the cumulative market
valuation of its five listed companies surging Rs 10.40 trillion? HDFC group

15. IT services major ________ has completed the acquisition of 75 per cent shareholding in ABN AMRO Bank's wholly-owned
Stater NV.? Infosys

16. ___________ has partnered with Australian tourist group Tourism Queensland to offer what it calls the world's first
rideshare submarine? Uber

17. Facebook plans cryptocurrency _______ to launch by next year? GlobalCoin

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Expected Banking Questions from Current Affairs (May to Oct 2019)

18. ____________ has partnered with IDFC FIRST Bank to provide financing solutions across the country.? Honda Motorcycle
& Scooter India (HMSI)

19. Indian Overseas Bank (IOB) has launched _______ in 14 districts spread across Tamil Nadu, Kerala and the Vijayawada
region of Andhra Pradesh.? bank on wheels

20. Srei Infrastructure Finance has tied-up with ____________ to offer loans for purchase of equipment under a co-lending
arrangement.? Oriental Bank of Commerce

21. Standard Chartered in partnership with ______ has launched the Trade AI Engine which will automate the high-risk process
of trade documentation.? IBM

22. Corporation Bank recently launched ____________ a unique product for GST registered MSMEs at its corporate office in
Mangaluru ? ‘Corp SME Suvidha’

23. Asian Development Bank (ADB) has signed an agreement to provide _______equivalent in Indian rupee long term financing
to electrify railway tracks in India.? USD 750 million

24. Sebi proposes framework for ________ financial institutions? regulatory sandbox

25. The State Bank of India (SBI) has announced a strategic partnership with the FMCG arm of The Art of Living_________ ? Sri
Tattva.

26. Private sector lender Karnataka Bank launched a new savings bank product called _______ for salaried class with three
variants of Executive, Prime and Classic.? KBL SB Salary.

27. The World Bank and _____________ have teamed up to enable recording of secondary market bond trading using block
chain tech(bond-i)? Commonwealth Bank of Australia

28. Ola has partnered the state-run SBI cards to launch ________ for the country's first such co-branding initiative in the
segment? Ola Money SBI Credit Card

29. _______which has posted a net profit of Rs 56.89 crore in last fiscal (2016-17), topped in business among the 56 regional
rural banks (RRBs) in the country? The Tripura Gramin Bank (TGB)

30. HDFC, has announced the launch of its new initiative termed _______ that seek to promote technologies to make
affordable housing more affordable? 'HeART'

31. _________ said it has launched a specialised insurance cover for passengers travelling in local trains in country's financial
capital Mumbai ? Bajaj Finserv

32. ________ process helps recover Rs 70,000-crore bad loans in FY19 report by credit rating agency CRISIL? IBC (insolvency
and bankruptcy code)

33. __________ and IBM to jointly setup data lab in India to develop an automated real-time email communication solution
for customer queries and reduce turn-around time on redressal? HDFC Ergo

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Expected Banking Questions from Current Affairs (May to Oct 2019)

34. Small Industries Development Bank of India (SIDBI) scheme to extend financial assistance of up to______ to new-age
fintech non-banking finance companies (NBFCs) engaged in financing small businesses and other income-generating
activities.? ₹10 crore

35. The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 crore on __________ for its failure to fully automate
the non-performing asset (NPA) identification process? Nainital Bank

36. HDFC has partnered with ________ for a mortgage guarantee-backed home loan.? India Mortgage Guarantee Corporation
(IMGC)

37. Airtel has partnered with _________ to introduce a prepaid scheme with in-built life insurance term plan cover? HDFC Life
Insurance

38. HDFC ERGO General Insurance Company announced the launch of _______ which will cover an individual against common
mosquito-borne diseases like Dengue Fever, Malaria, Chikungunya, Japanese Encephalitis, Kala-azar, Lymphatic Filariasis and
Zika Virus ? 'Mosquito Disease Protection Policy'.

39. ________a subsidiary of NABARD announced its maiden fund to back agriculture, food and rural start-ups? Nabventures

40. Bank credit rose ______ per cent to Rs 97.67 lakh crore for the fortnight to March 29, while deposits grew by 10.03 per
cent to Rs 125.72 lakh crore during the same period? 13.24

41. Max Life Insurance Co Ltd announced that it will dedicate 6thday of every calendar month as______________ towards
driving awareness around the concept of financial protection? 'Protection Day'

42. SBI Card raised_______ from various financial institutions including its parent SBI (State Bank of India) in the 2nd half of
FY19 (Financial Year) to grow above the industry average? Rs. 700 crore

43. YES Bank has slipped to the __________ in the league table for most-valued banks? 10thposition

44. LIC Housing Finance Ltd (LIC HFL) has launched_________, a skilling centre in Bangalore for marginalized youth? ‘UDYAM’

45. Paytm has collaborated with Citibank and launched its 1st credit card called ______? ‘Paytm First Card‘

46. Banks can use ____________ for KYC verification with the customer's consent to update its list of documents eligible for
identification of individuals? Aadhaar

47. RBI Central Board meets at Chennai under the Chairmanship of __________ and decides to create a specialised supervisory
and regulatory cadre within the RBI? Shaktikanta Das

48. The six-member task force on the development of the secondary market and to strengthen the sale of stressed corporate
assets and housing loan portfolios is headed by its chairperson________,? T. N. Manoharan

49. A Reserve Bank-appointed committee headed by Aadhaar architect_________ submitted its suggestions on promoting
digital payments to Governor Shaktikanta Das? Nandan Nilekani

50. Bank credit to infrastructure sector grew by ________ to Rs 10.55 lakh crore as of 2018-19, the highest since 2012-13
fiscal? 18.5 per cent

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Expected Banking Questions from Current Affairs (May to Oct 2019)

51. The 15th Finance Commission will have meetings with the Reserve Bank of India (RBI), banks and financial institutions in
Mumbai, the Commission headed by Chairman_____ will include all members and senior officials? N K Singh

52. ________ has introduced the “Liquidity Risk Management Framework for Non-Banking Financial Companies and Core
Investment Companies” for public comments? The Reserve Bank of India (RBI).

53. RBI asks NBFCs with over___________ assets to appoint chief risk officer? Rs 5,000 cr

54. Reserve Bank of India (RBI) has directed banks to enhance the housing loan limits for eligibility under priority sector
lending (PSL) to____ in metropolitan centres? Rs 35 lakh

55. Debit card swipes on Point of Sales (PoS) terminals jumped more than _________ in March 2019 compared to
corresponding period last year. In contrast, ATM withdrawals grew at a slower pace of 15%.? 27%

56. Industrial Credit and Investment Corporation of India (ICICI) Bank along with online travel booking portal Goibibo launched
co-branded multi-currency card________? Goibibo ICICI Bank Travel Card.

57. _______ would provide Yes Bank its AI-supported "touchless" technology for the bank's hiring process and human
resource (HR) operations.? Talocity

58. PayPal India has introduced____________ experience using Google Smart Lock for its users in India that will allow them to
stay logged onto the digital payments platform in a secure manner.? 'OneTouch'

59. The Reserve Bank of India (RBI) released its statement on ______, which outlined the measures that the central bank will
undertake to foster innovation, cybersecurity, financial inclusion, customer protection, and competition.? ‘Payment and
Settlement Systems in India: Vision 2019–2021’

60. The Reserve Bank of India fixed the investment limit at _________ for foreign portfolio investors (FPIs) under the voluntary
retention route (VRR), which allows to park funds in both government securities as well as corporate debt.? Rs 54,606.55 crore

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Expected Banking Questions from Current Affairs (May to Oct 2019)

June 2019 – Expected Banking Questions

1. Which bank has signed a bancassurance agreement with Tata AIG General Insurance Company Ltd to provide Tata AIG’s
suite of P&C (Property and Casualty (insurance)products ? Industrial Development Bank of India (IDBI)

2. Which programme has been revamped by Flipkart in order to empower MSMEs across the country -‘Growth Capital’

3. How amount the customers of the canara bank can deposit cash in Savings bank account - Rs 50,000

4. Which bank has announced that it has raised Rs 300 crore through Basel-III compliant bonds for improving their risk
management techniques and to address the growing risks - Kochi based Federal Bank.

5. What is the leverage ratio (LR) for Domestic Systemically Important Banks (DSIBs) and for other banks announced by RBI -
4% and 3.5%

6. Which Bank has signed a loan agreement of $250 million (Rs 1,725 crore) with Kerala for its Resilient Programme ?World
Bank

7. What is the interest rate of Senior Citizens Savings Scheme for the July-September quarter? 8.6 percent

8. How much percent of GDP has been increased for India’s Current Account Deficit(CAD) in Fy19?2.1% of GDP

9. Which state has signed with World Bank worth $ 250 Million Loan Agreement for its State Highways Development Project?
Rajasthan

10. Which country has signed a loan agreement worth $400 Million with World Bank for the Program Towards Elimination of
Tuberculosis(TB), which kills approximately half a million people in that country ? India

11. Which state government signed a loan agreement worth of $328 million with the World Bank (WB) for improving health
services? Andhra Pradesh

12. _________________ launched a specialised insurance cover titled ‘Mumbai Local Train Cover‘ for passengers travelling in
local trains in Mumbai, with insurance cover of Rs 1 lakh against a payment of Rs 399 per annum? Bajajfinserv

13. BhartiAirtel and ________________________ Insurance tied up to offer life cover for customers who get a prepaid
recharge done. Airtel’s new Rs 249-prepaid bundle will now also offer a cover worth Rs 4 lakh? HDFC

14. ___________________ launched an app named ‘StARMF‘ in order to enable more participation and aid mutual fund
distributors to accelerate transactions process.?BSE LTD

15. . _______________________ launched ‘Bank on Wheels’ facility in 14 districts in Tamil Nadu and Kerala.? INDIAN
OVERSEAS BANK

16. PSB ______________ launched ‘SME Suvidha’, a product for GST-registered MSMEs, aimed at providing best products to
MSME sector?CORPORATION BANK

17. Srei Equipment Finance tied up with ____________________ to offer loans for purchase of equipment under a co lending
arrangement? ORIENTAL BANK OF COMMERCE

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Expected Banking Questions from Current Affairs (May to Oct 2019)

18. Standard Life (Mauritius Holdings) will sell its stake of __________________ in HDFC Life Insurance Company for Rs 1,404
crores? 1.78%

19. ________________________ partnersed with FMCG arm of The Art of Living - Sri Tattva. Under this, YONO users can avail
discount of 15% on products offered by Sri Tattva? SBI

20. North east's ______________ Gramin Bank emerged as one of top performers in banking sector, generating net profit of
INR 125.44 crores in FY 2018-19? TRIPURA

21. Vodafone Idea signed a 5-year IT outsourcing deal with ________________, to support its merger synergy by decreasing IT
related costs? IBM

22. National Institution for Transforming India (NITI Aayog) proposed INR ___________ crores plan (for 3 years) to give a
strong push to Artificial Intelligence in India? 7500

23. Asian Development Bank (ADB) signed an agreement to provide USD ___________ million equivalent in Indian rupee long-
term financing to electrify railway tracks in India? 750

24. LIC Housing Finance (LIC HFL) launched ‘Udyam’, a skilling center in _________, in association with LokBharti Education
Society? BANGALORE

25. __________ General Insurance Company launched a scheme termed ‘Mosquito Disease Protection Policy’ which will cover
a person against common mosquito-borne diseases? HDFC ERGO INSURANCE

26. ___________ collaborated with IMGC (India Mortgage Guarantee Corporation) for a mortgage guarantee-backed home
loan? HDFC

27. Government stated that __________ Crore Income Tax Returns were filed During Assessment Year 2018-19, compared to
5.47 crore ITRs filed for Assessment Year 2017-18? 6.49

28. German payments company _________ tied up with India's UTI Infrastructure Technology and Financial Services, to
simplify process of issuing PAN Cards? WIRECARD

29. Foreign direct investment (FDI) in services sector grew _________ to USD 9.15 billion in 2018-19, according to Department
for Promotion of Industry and Internal Trade (DPIIT)? 36.5%

30. After RBI recently released a draft framework for setting up a __________ (RS) for fintech companies, SEBI and IRDAI have
also launched similar initiatives? REGULATORY SANDBOX

31. Which two prepaid payment instrument (PPI) issuers were penalized by Reserve Bank of India for violating PPI norms
pertaining to its issuance and operation? ‘Yes Bank’ and ’ZipCash Card Services’

32. How much is the highest monetary reward issued to the genuine informant of insider trading as per the regulatory body,
Securities and Exchange Board of India (SEBI) recently? Rs. 1 Crore

33. Name the bank, which was reported with highest number of fraud cases in India in the last 11 fiscal years i.e, between
2008-09 and 2018-19.? ICICI BANK

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Expected Banking Questions from Current Affairs (May to Oct 2019)

34. Which mutual fund investment platform launched ‘Selfiewala KYC’ feature for the first-time mutual fund investors for
completing the KYC(Know Your Customer) process from their home or office ? FundzBazar

35. Bank of Baroda (BoB) and ECL Finance has signed an agreement to form a strategic co-operation in which field? MSME
loans

36. Name the customizable plan launched by Max Life Insurance Company Limited, that will offer customers the flexibility to
customize their own protection solution? Max Life Smart Term Plan

37. What is the Capital Adequacy Ratio(CAR) for Housing Finance Companies (HFCs) in March 2020? 13%

38. Which bank has received approval from Competition Commission of India (CCI) to merge with Indiabulls Housing Finance ?
Lakshmi Vilas Bank

39. Name the portal launched by Reserve Bank of India(RBI) for lodging complaints against banks and NBFCs (Non-Banking
Financial Companies) on its website? Complaint Management System (CMS)

40. Which state government will receive the loan worth $147 million from the World Bank for improving the management
capacity of the urban local bodies (ULBs) in the state? Jharkhand

41. How much amount of distressed asset fund creation is recommended by the RBI constituted expert committee chaired by
U K Sinha for small enterprises? Rs 5,000 crore

42. Under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL) by Indian Banks’ Association (IBA), a collateral free
loan of how much worth is provided as a financial support to meritorious students? Rs 7.5 Lakh

43. Which insurance company has partnered with MobiKwik& launched “shampoo-sachet” concept to offer mini medical
insurance products with premiums as low as Rs20 ? Max Bupa

44. Which cryptocurrency exchange in India has terminated its digital asset trading services and other crypto-related
operations citing regulatory uncertainty and disruption ? Koinex

45. Name the bank which partnered with Centrum Wealth Management Ltd (Centrum) to form private limited Joint
Venture(JV) to provide wealth management services to its clients? KarurVysya Bank

46. What is the price of Sovereign Gold Bonds (SGBs)-Series I for 2019-20? Rs 3,196 per gram

47. Name the organization, which has forecasted the global growth for 2019 to 2.6% from earlier 2.9% in its semi-annual
report “Global Economic Prospect (GEP)” ? World Bank

48. As per the World Bank report “Global Economic Prospect (GEP)”, India’s growth is forecasted to ______ percent for the
next two Fiscal years , FY2019 and FY2020? 7.5%

49. Which organization released a report on “Benchmarking India’s Payment Systems” which provides a comparative position
of the payment ecosystem in India relative to comparable payment systems? Reserve Bank of India (RBI)

50. Name the bank which has partnered with Ashok Leyland, Hinduja Group flagship firm for providing vehicle loans ?
Suryoday Small Finance Bank

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Expected Banking Questions from Current Affairs (May to Oct 2019)

51. Which financial services company has partnered with Motherhood hospitals, a national network of women &child hospital
to provide Life care finance facility? Bajaj Finserv

52. What is the GDP growth of India for the financial year 2019-20 as per the American multinational banking firm, Goldman
Sachs? 7.2 per cent

53. When and which organization introduced the side pocketing provisions in India? SEBI 2018

54. By how much per cent, the share of e-Money in India’s payment systems grew in 2017, as per the report released by
Reserve Bank of India? 21.5 per cent

55. Which organization was set to achieve the second highest target of 501.16 crore in digital transaction for the year 2019-20
by Ministry of Electronics and Information Technology (MeitY) ? Paytm Payments Bank

56. Name the bank, which is first to introduce repo-linked home loan product from July 1, 2019? State Bank of India (SBI)

July 2019 – Expected Banking Questions


1. Which bank will shut down its operations within 18 months of launch due to “unanticipated developments in the
business landscape that have made the economic model unviable”.?Aditya Birla Idea Payments Bank
2. The Reserve Bank of India has imposed a penalty on two online payment solutions providers , _____________
for non compliance of regulatory guidelines.?
Mobikwik Systems and Hip Bar
3. India will be the first recipient of local currency financing by the which bank?
Asian Infrastructure and Investment Bank (AIIB).
4. The World Bank (WB) reaffirmed the support to the state of Andhra Pradesh with over how much amount of
fund?
$1 billion
5. PNB Housing Finance raises how much from World Bank Group member IFC?
$100 million
6. Standard Chartered is all set to be the first foreign bank to initiate operations at_____________?
GIFT IFSC
7. Govt panel headed by SC Garg recommends banning all private cryptocurrencies & jail time of up to how many
years?
10 years
8. How much will LIC offers to fund high way projects?
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Expected Banking Questions from Current Affairs (May to Oct 2019)

1.25trillion
9. The National Payments Corporation of India (NPCI) and Japan Credit Bureau (JCB) International along with
domestic banks, launched ?
RuPay JCB Global Cards
10. The government fixed the price of the new series of . Sovereign Gold Bonds (SGBs) at
How much amount per gram?
3443
11. Which company is constituting a sub-committee to oversee the process of divestment of its assets.?
Infrastructure Leasing & Financial Services Ltd
12. South Korean multinational conglomerate, Samsung partners with,which company India's largest online
marketplace to offer financial products.?
Paisabazaar.com
13. An internal committee of the __________recommended the timing of the functioning of the foreign exchange
market from 9 am to 9 pm instead of 9 am to 5 pm.?
Reserve Bank of India (RBI)
14. Total deposits in over 36.06 crore bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY)
was at ________________?
Rs 1,00,495.94 crore.
15. Govt infused how much amount into PSBs in 11 Years between FY09 and FY19?
3.15lakh crore
16. which healthcare proposed to setup Rs 750 crore project in Rudraprayag district, Uttarakhand?
Six Sigma Healthcare
17. The World Bank had withdrawn how much amount for Amaravati Capital City project in Andhra Pradesh, the
ambitious project of former chief minister Chandrababu Naidu?
$300 million
18. According to the Bank of England, Alan Turing, a crack code-breaker and visionary mathematician who set the
foundations for artificial intelligence (AI) will feature on __________?
Britain‟s new £50 banknote.
19. HDFC Bank has terminated and de-listed its 22 outstanding GDRs from the which stock exchange citing low
trading volume of GDRs.?
Luxembourg Stock Exchange
20. HDFC & CSC launches co-branded _________________for small traders and village level entrepreneurs
(VLEs) ?
„Small Business MoneyBack Credit Card‟
21. HDFC ERGO entered Bancassurance Corporate Agency Agreementwith which company?
Muthoottu Mini Financiers Ltd
22. which is an online marketplace for buying and selling used cars has received a license of a Non-banking Finance
Company from the Reserve Bank of India?
CARS24

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Expected Banking Questions from Current Affairs (May to Oct 2019)

23. India‟s largest private sector bank, ICICI(Industrial Credit and Investment Corporation of India) launched a new
digital platform called _______?
„InstaBIZ‟
24. ADB lowers India‟s FY2020 GDP growth forecast to _____?
7%
25. Andhra Bank launched its AI (Artificial Intelligence) interactive assistant called _________at a function in
Hyderabad, Telangana.?
“ABHi”
26. Apple will acquire “the majority” of Intel‟s smartphone modem business for how much amount?
$1 billion
27. . Karnataka Bank launches web tool for NPA recovery process named as ?
„Vasool So-Ft‟
28. Airtel Payments Bank ties up with__________ to offer the Bharti AXA Life POS Saral Jeevan Bima Yojana ?
Bharti AXA Life Insurance
29. RBI forms Working group under whom to review the regulatory guidelines on core investment companies ?
Tapan Ray
30. RBI gets the power to regulate housing finance companies instead of?
NHB
31. Punjab & Sind Bank sets up centralised hub___________ to process retail and MSME loans?
„Cen-MARG‟
32. Reliance Jio partners with Facebook to launch which literacy drive for first-time internet users in India?
“'Digital Udaan”
33. According to the World Bank data for 2018, India‟s turnover ratio fell by ______in 10 years?
60%
34. Who takes over as new MD and CEO of IOB?
Karnam Sekar
35. YES Bank acquires how much stake in Eveready Industries by invoking pledged shares?
9.47%
36. For what reason, Reserve Bank of India (RBI) has relaxed the norms of funds raised through External
Commercial Borrowings (ECB) for the second time this year ?
To raise offshore funds by the Corporates and theNon Banking Financial Companies
37. Which entity has raised $100 million (around Rs 690 crore) from International Finance Corporation (IFC,
member of the World Bank Group) for the purpose of lending to buyers in housing projects ?
Punjab National Bank(PNB) Housing Finance Ltd
38. By how much percent the Foreign Direct Investment (FDI) inflow increased during the last 6 years as per the
Annual Report 2018-19 of the Department for Promotion of Industry and Internal Trade (DPIIT) ?
79%
39. What is the new collateral-free lending limit for MSMEs and self-help groups(SHG) as per the Reserve Bank of
India(RBI‟s) recommendations ?
20 lakh

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Expected Banking Questions from Current Affairs (May to Oct 2019)

40. Name the organization which tightened norms governing resolution professionals wherein restrictions will also be
in place for their relatives from taking up employment after completion of a resolution process.
Insolvency and Bankruptcy Board of India

Aug 2019 – Expected Banking Questions


1. Which bank launched a co-branded credit card in association with Standard Chartered bank? Bandhan Bank
2. Which bank has liberalised the end-use stipulations for the External Commercial Borrowings both for corporates
as well as liquidity starved non-banking lenders? Reserve Bank
3. Which bank allowed Bank of China to offer regular banking services in the country? Reserve Bank of India
(RBI)
4. What amount of penalty is imposed by The Reserve Bank of India on seven public sector banks for violating
norms on current account opening? ₹11 crores
5. Which branch of State Bank of India linked to China's National Advanced Payment System (CNAPS)? State
Bank of India‟s Shanghai branch
6. Which company introduced a free video streaming service to draw new users from small towns and cities in
India? Flipkart (Walmart)
7. Who announced third bi-monthly policy review by the Monetary Policy Committee (MPC) for 2019-20? RBI
Governor Shaktikanta Das
8. Which Bank has launched India's first one-time password (OTP) facility for ATM withdrawals? Canara Bank
9. Which bank issued guidelines on Interest Subvention Scheme (ISS) for Kisan Credit Card (KCC) to Fisheries and
Animal Husbandry farmers during the year 2018-19 and 2019-20? The Reserve Bank of India(RBI)
10. Which bank partnered with Incuspaze Solutions Private Limited (Incuspaze) to open a coworking space, designed
for Micro, Small and Medium Enterprises(MSMEs) and startups? The Small Industries Development Bank of
India (SIDBI)
11. The Reserve Bank of India (RBI) extended the banking license of Rupee Cooperative Bank Ltd till which date?
November 30, 2019
12. Which bank has partnered with BookMyForex.com to launch a co-branded multi-currency forex travel card for
Indian overseas travelers? YES Bank
13. Which bank announced that the National Electronic Funds Transfer (NEFT) facility will be available round-the-
clock for the customers? The Reserve Bank of India
14. Which bank has cut the home loan rates after RBI's repo rate cut of 35 bps for the fourth time in a row? The State
Bank of India (SBI)
15. Which bank announced that it has got the status of a Scheduled Bank from RBI? Jana Small Finance Bank Ltd
16. Which bank has entered into a corporate agency agreement with Cholamandalam MS General Insurance
Company Ltd (Chola MS) for distribution of the latter's insurance products to Indian Bank customers? Indian
Bank
17. Which India has tied up with technology business incubator Social Alpha? DBS Bank
18. Which bank has partnered with digital healthcare platform Practo to launch an industry first co-branded health
credit card? Private sector RBL Bank

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Expected Banking Questions from Current Affairs (May to Oct 2019)

19. Which bank planned to linked its home loan product to RBI‟s (Reserve Bank of India (RBI) repo rate after State
Bank of India (SBI)? Bank of Baroda (BoB)
20. Which company has partnered with ZestMoney to offer credit card insurance to its (ZestMoney) customers?
Insurtech company Acko General Insurance
21. Which bank has signed a bancassurance agreement with General insurance company? Karur Vysya Bank(KVB)
22. Which company has provided an app-based personal credit line to customers has announced to provide its
customers with a lifetime credit limit of up to Rs. 5 lakh instantly starting from Rs. 3,000? MoneyTap
23. Which bank has released its annual report for the fiscal year (FY) 2018-19? Reserve Bank of India (RBI)
24. Which bank signed a Memorandum of Understanding (MoU) with Tata AIG General Insurance to offer Tata AIG
General Insurance‟s diverse range of general insurance policies to the bank‟s customers? Indian Bank
25. How much amount is Approved by RBI Board to transfer for Govt as it Accepts Bimal Jalan Panel
Recommendation? Rs 1.76 Lakh Crore
26. Which airline hoisted its Boeing 777 aircraftover the zero degrees the North Pole? Air India
27. Which ministry has amended the Companies (Share Capital & Debentures) Rules by removing Debenture
Redemption Reserve(DRR) requirement for Listed Companies, NBFCs(Non Banking Financial Company) and
HFCs (Housing Finance Companies)? Ministry of Corporate Affairs
28. Which company has signed a joint venture (JV) with Rural NBFC (Non Banking Financial Company) Mahindra
& Mahindra Financial Services Ltd Ideal Finance Ltd (IFL) for the acquisition of up to 58.2 % stake in the Ideal
Finance for LKR- (Sri Lankan Rupees) 2 billion (nearly Rs 80 crore)? Ideal Finance Ltd (IFL)
29. Which place has ranked as the 10th fastest growing prime market globally by Prime Global Cities Index Q1 2019
of London based consultancy Knight Frank? Delhi

30. Kishore Biyani-led Future Group announced that American e-commerce giant Amazon.com is acquiring how
much percent stake in a group entity — Future Coupons Ltd? 49%

31. NITI Aayog Vice-Chairman Rajiv Kumar today met Consumer Affairs Minister Ram Vilas Paswan in New Delhi
and discussed which scheme? Rice Fortification Pilot Scheme

32. Who announced that government is determined for the privatization of Air India and people are interested in
buying it? Civil Aviation Minister Mr Hardeep Singh Puri

33. When Air India will completely ban use of plastic in Alliance Air and Air India Express? From 2nd October

34. Which company launched its latest processor, its first using artificial intelligence (AI), designed for large
computing centers? Intel Corporation

35. How much amount The total gross revenue collected under Goods and Services Tax, GST in the month of July,
2019? 1,02,083 crore rupees
36. Which network will shut down its entire 3G network across India‟s 22 telecom circles by March 2020? Bharti
Airtel
37. Which department has released draft guidelines on e-commerce titled 'e-commerce guidelines for consumer
protection 2019'? The Department of Consumer Affairs
38. How much amount is raised by IIFL Finance through a public issue of bonds? Rs 1,000 crore
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Expected Banking Questions from Current Affairs (May to Oct 2019)

39. Which company announced the launch of the one-of-its-kind initiative, 'Speed Dial Max Life Insurance - Your
Partner for Life' further reinforcing its customer obsession? Max Life Insurance Co Ltd
40. Which is the Country‟s first corporate credit card for small and medium enterprises (SMEs) lunched by EnKash?
„Freedom Card'
41. Which companies have a unique relationship and their main aim is at accelerating the digital transformation of the
Indian economy and society? Reliance Jio Infocomm Limited (Jio) and Microsoft Corporation companies
42. Union Government is planning to launch which e-commerce portal for MSME‟s? “Bharatcraft”
43. Which company has launched a program called „Digital Governance Tech Tour‟ in line with the Digital initiative
of the Indian government to train 5000 government employees over a period of 12 months on AI (artificial
intelligence) and cloud computing skills? Microsoft India

44. GeM signed Mou with which bank to enable growth of MSMEs, Start-ups and Women Entrepreneurs? SIDBI
45. Which department frames 5-member special cell to redress grievances of start-ups? Central Board of Direct
Taxes (CBDT)
46. Tea grown in which state record height set by Assam tea? Arunachal Pradesh
47. Ahmedabad-Mumbai Central Tejas Express and the Delhi-Lucknow Tejas Express to be run by which pilot
project? Indian Railway Catering and Tourism Corporation (IRCTC)
48. Which company signs MoU with Indian School of Business (ISB) to set up AI Digital Lab? Microsoft

49. Nitin Gadkari stated that the government‟s planned e-commerce portal Bharatcraft has the potential to achieve
revenues of around how much amount in 2-3 years? Rs 10 lakh crore

50. India Ratings downs GDP forecast to how much percentage for FY'20? 6.7%
51. Which company sets up India‟s 1st FinTech centre of excellence-“Fin Blue” in Chennai, Tamil Nadu? Software
Technology Parks of India (STPI)

52. India's GDP growth estimated at how much percent for Q1 of 2019-20: FICCI Survey? 6.0%

53. Which company expands collaboration with Prasar Bharati for live and archival content digitization? Google
54. Which company launches identity check express to secure online transactions? Mastercard
55. Which flight based company launched Mumbai-Dubai flight services from August 2? Vistara
56. Edelweiss Tokio Life signs agreement with which company to offer miniature insurance? Mobikwik
57. Which company set up to ensure supply of critical Minerals to Indian domestic market? Khanij Bidesh India
limited (KABIL)
58. Where did the 225th meeting of Central Board of Trustees (CBT) held? Hyderabad, Telangana

59. Which e-commerce company inaugurates its world‟s largest campus in Hyderabad? Amazon
60. Which campaign launched by HAL to bring PMAY(U) beneficiaries into Ujjawala Ayushman Bharat fold?
Angikaar campaign

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Expected Banking Questions from Current Affairs (May to Oct 2019)

Sep 2019 – Expected Banking Questions


1.Which Bank has joined Samsung India to launch the Samsung Pay for RBL Bank’s Mastercard credit card
customers? RBL Bank

2.Which Bank declared to be the first bank in the country to deploy industrial robotic arms to count currency notes?
India's ICICI Bank

3.Cabinet has approved recapitalization of which Bank with a one-time infusion of funds by both Government and
LIC? IDBI Bank

4. Which bank has signed an agreement for priority sector lending to Micro, Small and Medium Enterprise (MSME)
customers along with ECL Finance Ltd, a subsidiary of Edelweiss Financial Services? Central Bank of India

5. Employees’ State Insurance Corporation (ESIC) signed Memorandum of Agreement (MoA) with which bank for
direct transfer of benefits electronically into bank accounts of all stakeholders? State Bank of India

6.The Cabinet has approved a capital infusion of Rs 4,557 crore into which bank? IDBI Bank.

7.Wipro has won a 7-year contract worth of how much amount from ICICI Bank? $300 million

8.Which bank is to implement the idea to develop a mobile application with an aim to help the visually impaired
people to identify currency notes? Reserve Bank of India (RBI)

9.Which bank is a government-run put up for sale nearly a dozen Non Performing Assets (NPA) to recover dues of
over Rs 1,234 crore? Punjab National Bank

10.Which bank announced its fifth-rate cut on its marginal cost of funds based lending rate by 10 basis points (bps)
across all tenors? SBI

11.Which bank backed UK Sinha committee has recommended that Telangana's innovative model for start-ups
should be assessed for possible replication in other states? Reserve Bank of India (RBI).

12. Which Bank has rolled out Aadhaar enabled payment system (AePS) services.?India Post Payments Bank (IPPB)

13. Which bank and Life Insurance Corporation of India Credit Cards Services (LIC CSL), a wholly-owned subsidiary of
LIC, will launch a co-branded credit card? The Industrial Development Bank of India (IDBI Bank)

14.Which bank will provide Rs 3,000 crore assistance to finance mini and mega food parks across India. World Bank

15.In order to bring more transparency & address customer-centric issue, the Code for Responsible Lending (CRL)
for the microcredit industry was jointly launched by which company? Microfinance Institutions Network (MFIN)

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Expected Banking Questions from Current Affairs (May to Oct 2019)

16.Finance Minister of India Smt Nirmala Sitharaman notified that 2% Tax Deducted at Source (TDS) on cash
payments above Rs 1 crore made through Agricultural Produce Market Committees (APMCs) will be exempted and
it is set to be effective from when? October 1, 2019.

17.Which bank has extended the use of the Bharat Bill Payment System(BBPS) for all recurring(repetitive) payments
such as school fees, insurance premiums and municipal taxes, Equated Monthly Installments (EMI) on a voluntary
basis except for prepaid recharges to extend the scope and coverage of BBPS? Reserve Bank of India(RBI)

18.Minister of State (Independent Charge) of the Ministry of Labour and Employment Santosh Kumar Gangwar
notified that over 6 crore members of the Employees' Provident Fund Organisation (EPFO) will get how much
percent interest on deposits, which will be credited to the accounts, for 2018-19 after the approval from the
Ministry of Finance? 8.65%

19. Which company has launched "Bharosa" savings account services with the aim of deepening the financial
inclusion in India? Airtel Payments Bank

20.Visa Inc, the world's leader in digital payments technology and which Indian online payment gateway company
have partnered for the launch of SI(standing instructions )-Hub which is a smooth and secure way to make recurring
payments using cards with a one-time enrollment? BillDesk

21. Which company has partnered with PayU, a fintech firm that provides payment technology to online merchants
to offer cardless EMI (equated monthly installment) payment option to consumers? ZestMoney

22. Which Bank, Reserve Bank Of India(RBI) has directed the banks and non-banking finance companies (NBFCs) to
stop sharing the pattern of consumer’s credit information held by credit information companies (CICs) with
analytics firms , IT (Information Technology) companies, institutional agents and unregulated parties? Reserve Bank
Of India(RBI)

23.According to the Handbook of Statistics on the Indian Economy 2018-19 released by Which bank the aggregate
savings deposits in the Indian private and public sector banks (PSBs) reached Rs 39.72 lakh crore as on March 31,
2019? Reserve Bank of India (RBI),

24. Which Indian global telecommunications services company has tied up with Bharti AXA Life Insurance to offer
prepaid plan for its users along with insurance protection plan? Bharti Airtel

25.Which company has signed its second co-origination of loan agreement with major public sector bank in India?
Paisalo Digital (Formerly known as S.E Investments Limited)

26. Which company has released a new Export Credit Insurance Scheme (ECIS) called NIRVIK to ease the lending of
loan to exporters so that they can get loans easily from banks?The Export Credit Guarantee Corporation (ECGC)

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Expected Banking Questions from Current Affairs (May to Oct 2019)

27.Which department has expanded its speed post service to 6 new overseas destinations in Asia, Europe and South
America? Department of Posts

28.Which bank along with India’s central Banking Institution, and the regulator for the securities market in India,
SEBI (Securities and Exchange Board of India ) are jointly working on a framework that will freely enable exchange of
borrower information between banks and credit rating agencies (CRAs) in more accurate manner?Reserve Bank of
India (RBI)

29.Which bank along with the country’s central bank, has come out with a new order for banks and payment system
operators regarding the failed transaction of customers?Reserve Bank of India (RBI)

30.Following the recommendations of an expert committee headed by Y.H.Malegam, which bank has revised the
guidelines on concurrent audit system? Reserve Bank of India (RBI)

31.The Reserve Bank of India (RBI) increased the loan sanction limit for small exporters as priority sector lending
(PSL) by banks to how much amount per borrower from Rs 25 crore in order to boost credit to the export sector? Rs
40 crore

32.In order to improve the risk management & ensure sufficient liquidity, the regulator for the securities market in
India, SEBI (Securities and Exchange Board of India) has tightened the rules for mutual funds, in which it make it
mandatory for liquid schemes to hold at least how much percent in liquid assets such as cash and cash equivalents
like treasury bills and repo on government securities? 20 %

33.Which bank has signed a bancassurance agreement with Max Bupa to provide Max Bupa’s suite of health
insurance products to its customers? Indian Bank

34.Which bank has launched its Agri digital platform Baroda Kisan?The state-owned Bank of Baroda

35.Private sector lender ICICI Bank is planning to open how much branches in the forthcoming financial year?450

36.Which bankbarred the Punjab & Maharashtra Cooperative Bank Ltd (PMC Bank), Mumbai to carry out the
majority of its routine business for 6 months?The Reserve Bank of India (RBI)

37. Which bank has imposed restrictions on Punjab and Maharashtra Co-operative Bank, under which the
depositors cannot withdraw more than Rs 1,000 from their accounts? The Reserve Bank of India

38.Which bank has signed a corporate agency agreement with city-based Repco Home Finance Ltd to offer the
company’s range of products to RHFL customers? SBI Life Insurance

39.Which bank is in partnership with Indian Oil launched a co-branded fuel card for users from non-metro cities and
towns which will be available on both RuPay and Visa platforms? HDFC Bank

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Expected Banking Questions from Current Affairs (May to Oct 2019)

40.The Reserve Bank of India (RBI) increased the withdrawal limit for Punjab and Maharashtra Co-operative Bank
(PMC) depositors to how much amount?Rs.10,000.

41.Where did the Union Minister of State for Culture and Tourism (Independent Charge), inaugurated the exhibition
of India Tourism Mart (ITM) 2019? New Delhi.

42.Which university hosted Global Goals Jam 3.0?World University of Design (WUD)

43.Which bank topped the WPP-Kantar BrandZ Top 75 Most Valuable Indian Brands ranking for the sixth time in a
row?HDFC Bank

44.In the 2-day event (September 5& 6, 2019) of national workshop on ‘Credit Linked Capital Subsidy and Delayed
Payment of MSMEs’ held at New Delhi, the Union Minister for Micro, Small and Medium Enterprises Shri Nitin
Gadkari has launched which schemeto enable micro, small and medium enterprises (MSMEs) access to capital? The
updated Credit linked Capital Subsidy Scheme (CLCSS)

45.Which bank barred the Equitas Small Finance Bank (ESFB) from opening new branches. The decision comes after
ESFB missed the deadline to list its shares on stock exchanges. The apex bank of the country, Reserve Bank of India
(RBI)

46. Which Corporation has released a data on the new record created by Unified Payments Interface (UPI)
transactions that reached an overall high of 918 million transactions worth Rs 1.54 lakh crore by the end of August,
2019 crossing the 900 million transaction mark?National Payments Corporation of India (NPCI)

47.All 19 public sector banks (PSB) including State Bank of India(SBI), Punjab National Bank (PNB), Bank of Baroda
(BOB) have initiated in-principle retail loan approval for customers availing housing and personal loans under the
online lending which platform? ‘PSB Loans in 59 Minutes’

48.Which bank barred the Equitas Small Finance Bank (ESFB) from opening new branches. The decision comes after
ESFB missed the deadline to list its shares on stock exchanges? The apex bank of the country, the Reserve Bank of
India (RBI)

49.Which bank selected Daffodil Software Pvt Ltd to develop a mobile phone-based application for visually impaired
people to identify currency notes. It informed the Bombay High Court that an internet connection would not be
required for its proposed mobile application?The Reserve Bank of India (RBI)

50.The Asian Development Bank (ADB) has approved how much amount loan to upgrade about 2,100 kilometers of
rural roads to all-weather standards in Maharashtra’s 34 districts for better connecting rural areas with markets and
services? $ 200 million (about Rs 1,400 crore)

51. Union Minister for Communications, Electronics & Information Technology and Law & Justice Shri Ravi Shankar
Prasad announced that India Post Payments Bank (IPPB) has launched which Services at the first anniversary of its

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Expected Banking Questions from Current Affairs (May to Oct 2019)

business operations. With this, IPPB became the single largest platform in the country for providing interoperable
banking services to the customers of any bank including the 34 crore Jan Dhan account holders? Aadhaar Enabled
Payment System (AePS)

52. GST collection in the month of August stood at how much? 98 thousand 202 crore rupees.

53.The Ministry of Electronics and Information Technology (MeitY) signed a statement of intent (SoI) with
whom?Google.

54.State-run oil refiner Indian Oil Corporation Ltd will set up a 1 Giga Watt (GW) plant to make batteries used for
running electric vehicles (EVs) in partnership with an overseas start-up using a which material? non-lithium ion raw
material

55.Which company has signed a partnership agreement with Japanese energy major Japan’s Energy For a New Era
(JERA)? Reliance Power

56.Rating agency CRISIL has revised India’s fiscal year 2020 GDP growth forecast to how much percent? 6.3%.

57.Where did Bharat Heavy Electricals Limited (BHEL) India’s largest power equipment manufacturer announced it
has commissioned a 1,320 Megawatt (Mw) power plant? Odisha.

58.US internet giant Google agreed a settlement totaling how much amount to end a tax dispute in France under an
agreement announced in court? 945 million euros ($1.0 billion)

59.Which company along with Public Sector Unit (PSU) and Wipro Infrastructure Engineering (WIN) signed a
Memorandum of Understanding(MoU), to work in areas such as aerospace components through special economic
zone(SEZ) , industrial automation processing, 3- D printing, artificial intelligence and hydraulic system engineering
Bharat Earth Movers Limited (BEML).

60.Commerce and industry minister Shri Piyush Goyal (also railway minister) and Piyush Goyal and minister of State
Hardeep Singh puri launched which system for obtaining steel import information by the govt and other
stakeholders for efficient policy intervention. Piyush also launched a Common digital platform for electronic
Certificates of Origin (CoO) issuance? Steel Import Monitoring System (SIMS)

61.In order to boost foreign investment in the infrastructure sector, waived off the3-year lock-in period for
investments made by Non-Resident Indians(NRI) in Infrastructure Debt Funds (IDFs), as notified by which
department? Central Board of Direct Taxes (CBDT).

62.To address the growing concern of plastic wastes 32 leading Fast-Moving Consumer Goods (FMCG) companies
like Coca-Cola India, PepsiCo India, and Bislerietc are to jointly launch first-of- its-kind packaging waste management
venture named as what in the country that aims to create an ecosystem for post-consumer packaging collections
and optimization of material recycling processes? Karo Sambhav

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Expected Banking Questions from Current Affairs (May to Oct 2019)

63.Which Capital market regulator has formed a 15-member committee headed by Ishaat Hussain, Director at State
Bank of India(SBI) Foundation and former Tata Sons Director, to suggest possible measures and regulations in
creating the ‘social stock exchanges’? SEBI (Securities and Exchange Board of India)

64.Which bank notified that the United Arab Emirates (UAE) emerged as a top nation in making non-resident
investments in Indian mutual funds (MFs)? The Reserve Bank of India (RBI)

65.In accordance with the provisions of the Coal Block Allocation Rules, 2017, made under the which act, the
WBPDCL has been allocated the Deocha Pachami Dewanganj-Harinsingha coal block located in West Bengal
containing an area of sq. km. with estimated reserves of 2102 Million Tonnes for generation of power? Mines and
Minerals (Development and Regulations) Act, 1957

66.Which company, the Bengaluru-based software services provider has tied up with Febraban, an industry body
representing the Brazil’s financial services industry?Wipro

67.Securities and Exchange Board of India has imposed a penalty of over how much amount on Aurobindo Pharma
and its promoters? Rs 22 crore

68.Indian companies Infosys, TCS and HDFC named as in the list of World’s Best Regarded Companies compiled by
which company? Forbes.

69. Which bank has slashed its growth forecast for India for fiscal year 2019-20 to 6.5% from 7%. The Asian
Development Bank

70.BSNL launched a new Super Star 500 broadband plan that offers how much data at up to 50Mbps speed per
month? 500GB

71. Which company is planning to invest in technology start-ups. The minority investment in a company called
Meesho, its first investment globally? Facebook

72. Which government unveiled a linked back-series of India’s growth numbers from 1950-51 to 2003-04, with
2011-12 as the base year with an aim to arrange the GDP (Gross Domestic Products) figures from past years with
the new internationally accepted methodology that facilitates comparisons? Union government

78.Who notified that there are plans to waive off the debts of small distressed borrowers using the ‘fresh start’
provisions of the Insolvency and Bankruptcy Code (IBC)?Corporate Affairs Secretary Injeti Srinivas

79.Which educational board has joined hands with American multinational technology company, Microsoft to
incorporate cloud-based technology in high school teachers’ capacity building programs and teaching. This program,
designed for teachers of 8th to 10th grade, will be run in 10 cities across India from September 11, 2019. The
Central Board of Secondary Education (CBSE)

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Expected Banking Questions from Current Affairs (May to Oct 2019)

Oct 2019 – Expected Banking Questions


1. Which bank becomes first Indian bank to have office in Australia‟s Victoria? SBI

2.Which bank signed MoU with Indian Army? Bank of Baroda

3. Who is appointed as MD and CEO of Punjab National Bank?SS Mallikarjuna Rao

4. Which Bank launches short-term online fixed deposits “Express FD”?Axis Bank

5. RBI reduces repo rate by how much basis points in 4th Bi-monthly Monetary Policy? 25 basis points

6. Which bank has launched three new digital products called, UCash, Digilocker and an app in Kolkata, West
Bengal? UCO Bank

7. Which bank has announced to merge on 17 October with Gruh Finance?Bandhan Bank

8. Which bank announces the NEFT fund transfer to be available round the clock? RBI

9. Which bank plans to raise $1 billion by December through rights issue?YES Bank

10. Which bank launches debit card EMI on POS loans for consumer durables? SBI

11. Which bank rejects Indiabulls Housing & Lakshmi Vilas Bank merger deal? RBI

12. RBI approves merger of DCBs to form which bank? „Kerala Bank‟

13. Bank of Maharashtra reduces MCLR by how much percent ? 0.10 percent

14. Life Insurance Council plan to launch life insurance industry‟s first joint mass media campaign with which
slogan? „Sabse Pehle Life Insurance‟

15. Which bank launches new FD scheme “FD health”? ICICI Bank

16. Which bank issues guidelines on 'on tap' authorisation on payment systems, stipulating minimum net worth? RBI

17. For the 1st time, Home Credit India (HCIN) join hands with which bank for joint lending? KVB

18. No charges on digital payments to large businesses with an annual turnover of how much from Nov 1, 2019? over
Rs 50 crore

19. GeM tied up with which bank for payment-related services?Federal Bank

20. Pune headquartered Bajaj Finance overtook which bank in market capitalization?SBI

21. Which company join hands with Aditya Birla Finance to provide monthly EMI for dental patients? Indian Dental
Association (IDA)

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Expected Banking Questions from Current Affairs (May to Oct 2019)

22. Farmers get lower share of consumers‟ rupee in the range between how much percent 28 % and 78 % across 14
cropsfor perishables: RBI's Supply chain dynamics and food inflation in India survey 2019?28 % and 78 %

23. Which company tied up with Synchrony to launch co-branded Venmo‟s first credit card?PayPal

24. Which company launches first of its kind video calling service in the insurance industry called „i- SERV‟?Bajaj
Allianz Life

25. Pine labs join hands with which bank to provide monthly EMI for debit card customers? SBI

26. India's revenue growth in banking sector dropped from 22% to how much percent according to McKinsey's
Global Banking Annual Review 2019? 10.3%

27. RBI has announced that it has stopped printing which currency notes? Rs.2000

28. Which bank Card launches contactless mobile phone payments facility? SBI

29. Vreedhi Financial Services receives an NBFC licence from which bank? RBI

30. Which bank launches health care plus insurance policy? IOB

31. RBI Fined how much penalty on Tamilnad Mercantile Bank?Rs 35 lakh

32. Which signed pact with CSC e-Governance Services India to extend its banking and other services to country‟s
rural regions. ICICI Bank will engage more than 3 lakh CSCs working at last mile as banking correspondents? ICICI
Bank

33. RBI revised Marginal standing facility (MSF) rate and Bank Rate to how much percent? 5.40%.

34. RBI has also reduced GDP growth projection for 2019-20 from 6.9% to how much percent? 6.1%.

35. RBI‟s Statutory Liquidity Ratio (SLR) Stands at how much percent? 18.75 %

36. RBI‟sCRR (Cash Reserve Ratio) Stands at how much percent? 4 %.

37. RBI‟s Reverse repo rate stands revised to how much percent? 4.90%.

38. Himachal Pradesh CM Jai Ram Thakur launched Pragati Rath of which bank, which will provide financial and
digital literacy to people during a month-long initiative?HDFC bank

39. Which bank signed $190 million loan with India to upgrade 754 kilometres of state highways and major district
roads (MDRs) in 14 districts of Rajasthan?Asian Development Bank

40. Credit Saison India, domestic subsidiary of Japanese financial Firm Credit Saison, received a licence from which
bank to set up a non-banking financial company(NBFC) in Bengaluru?Reserve Bank of India (RBI)

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Expected Banking Questions from Current Affairs (May to Oct 2019)

41. Which bank imposed monetary penalty of Rs 12.88 lakh on Prepaid Payment Instrument (PPI) issuer Balancehero
India Private Limited for non-compliance of regulatory guidelines?RBI

42. Which bank introduced a new reporting system for all co-operative banks, called Central Information System for
Banking Infrastructure (CISBI)?RBI

43. Which bank will merge its mutual fund business with BNP Paribas Asset Management India, a subsidiary of BNP
Paribas Asset Management Asia (BNPP AM). The deal has no cash consideration?Bank of Baroda subsidiary
Baroda Asset Management India

44. Which company has faced Rs 5 lakh penalty for non-compliance by RBI?Toyota Financial Services India
Limited (TFSIN)

45. Bank Branch Statistics Division (BBSD) in Department of Statistics and Information Management (DSIM) of
which bank will be nodal unit for CISBI?RBI

46. Which bank exited GST Network, selling its entire 10 % stake to 13 state governments. Stake sale is for aggregate
cash consideration of 1 crore?ICICI Bank.

47.Which bank launched its first overseas branch at Dubai International Financial Centre (DIFC)?Kotak Mahindra
Bank

48. Which bank and Srei Equipment Finance Limited partnered to offer loans to MSMEs and retail customers under a
co-lending arrangement? United Bank of India.

49. RBI imposed 1 crore penalty on which bank for non-compliance with promoter holding norms?Bandhan Bank.

50. RBI also imposed a penalty of 35 lakh on which bank for violating norms on frauds classification and
notification?Tamilnad Mercantile Bank.

51.Which bank museum has been inaugurated in Bengaluru?Vijaya Bank

52. Vijaya bank was merged with which bank in April 2019?Bank of Baroda.

53. Which bank stated that it will continue with USD 6 billion annual lending target for India to support infrastructure
development and alleviate poverty?World Bank.

54. Bajaj Finance overtook which bank in market value, becoming fifth most valued in country‟s BFSI (Banking,
Financial Services and Insurance) domain?SBI

55. According to which bank Consumer Confidence Survey 2019, the consumer confidence has dipped to a six-year
low, due to decline in employment, income and discretionary spending?RBI

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Expected Banking Questions from Current Affairs (May to Oct 2019)

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