Last 6 Months Rbi News Top 150 Mcqs Notes

LAST 6 MONTHS
RBI NEWS
TOP 150 MCQs
USE CODE SHEETALTO GET MAXIMUM DISCOUNT ON OLIVEBOARD
With a budget of Rs 225.09 crores, the center would computerize 1,851 Agri &
Rural Development Banks and State Cooperative Registrars functioning in how
many states?
(a) 12
(b) 13
(c) 15
(d) 18
SHEETAL SHARMA MA’AM OFFICIAL

With a budget of Rs 225.09 crores, the center would computerize 1,851 Agri & Rural
Development Banks and State Cooperative Registrars functioning in how many
states?
(a) 12
(b) 13
(c) 15
(d) 18
The Centre has approved an initiative aimed at computerising and empowering the
registrars of all 28 states and 8 union territories as well as 1,851 Agriculture and
Rural Development Banks (ARDBs) operating across 13 states with a budget ofRs
225.09 crore. Currently, the government is computerising all Primary Agriculture
Credit Societies (PACS) in the country. The government has also decided to
computerise the offices of the Registrar of Cooperatives of all states and Union
Territories.

How long does RBI allow SBI Mutual Fund to purchase 9.99% paid-up share capital in
IndusInd Bank?
(a) 1
(b) 2
(c) 3
(d) 4

How long does RBI allow SBI Mutual Fund to purchase 9.99% paid-up share capital in
IndusInd Bank?
(a) 1
(b) 2
(c) 3
(d) 4
The Reserve Bank of India (RBI) on October 11 issued its approval to SBI Mutual Fund
(SBI MF), the mutual funds arm of the State Bank of India, to acquire 9.99 percent of
the paid-up share capital in private lender IndusInd Bank. SBI MF has been advised by
RBI to acquire the aforesaid major shareholding in the bank within a period of one year
i.e. by October 10, 2024. Its aggregate holding in the bank does not exceed 9.99
percent of the paid-up share capital or voting rights.

4. Which Deputy Governor of the Reserve Bank of India (RBI) has been given a one-year
extension in his tenure recently?
(a) Michael D Patra
(b) Mukesh Kumar Jain
(c) Tavarna Rabi Sankar
(d) M. Rajeshwar Rao

4. Which Deputy Governor of the Reserve Bank of India (RBI) has been given a one-year
(a) Michael D Patra
(b) Mukesh Kumar Jain
(c) Tavarna Rabi Sankar
(d) M. Rajeshwar Rao
The Deputy Governor of the Reserve Bank of India (RBI), M. Rajeshwar Rao has been
granted a one-year extension to his term, effective from October 10, 2023.
The announcement was made official through a notification issued by the Department
of Personnel & Training.
His extended term will be in effect until October 9, 2024, or until further orders are
issued, whichever comes earlier, as per the notification from the Department of
Personnel & Training.
Rao, aged 62, has a distinguished career in central banking and has been associated with
the Reserve Bank of India for nearly four decades. He initially joined the RBI in 1984 and
gradually ascended through the ranks, accumulating invaluable experience in various
facets of central bank operations.
Before assuming the role of Deputy Governor, Rajeshwar Rao served as the Executive
Director at the RBI, starting from November 7, 2016. Prior to that, he held the position
of Chief General Manager at the Financial Markets Operations Department within the
RBI.

MD and CEO ICICI Lombard – Sanjeev Mantri (replace Bhargav Dasgupta)
Vice-president for Asian Development Bank (ADB)’s Market Solutions – Bhargav
Dasgupta
MD and CEO of HDFC Bank – Sashidhar Jagdishan (reappointment for 3 year)
Chairman of Mastercard India- Rajnish Kumar (Former SBI Chief)
Statutory auditor of Paytm – S.R. Batliboi
MD & CEO of ICICI Bank – Sandeep Bakshi (reappointment for 3 year)

5. The Reserve Bank of India has approved the reappointment of Sashidhar Jagdishan as
HDFC Bank MD & CEO for a period of how many years?
(a) 1
(b) 2
(c) 3
(d) 4

5. The Reserve Bank of India has approved the reappointment of Sashidhar Jagdishan as HDFC Bank MD & CEO for a
period of how many years?
(a) 1
(b) 2
(c) 3
(d) 4
The Reserve Bank of India has approved the reappointment of Sashidhar Jagdishan as HDFC Bank MD & CEO for a period
of three years.
The re-appointment is for a period of three years with effect from 27 October 2023 to 26 October 2026.
Jagdishan joined the country’s largest private sector bank in 1996 as a manager in the finance department and became
business head – finance in 1999 and was later appointed as chief financial officer in 2008.
Prior to his appointment as the CEO, Jagdishan was the group head of HDFC Bank, in addition to overseeing the functions
of finance, human resources, legal and secretarial, administration, infrastructure, corporate communications, and
corporate social responsibility.

6. The Reserve Bank of India has issued revised classification, valuation, and operation
guidelines for the investment portfolio of banks, which will be effective from 1 April
2024. Under the revised guidelines, which types of banks are excluded from the
application of RBI’s issues revised norms?
(a) Foreign Banks
(b) All Commercial Banks
(c) Cooperative Banks
(d) Regional Rural Banks

6. The Reserve Bank of India has issued revised classification, valuation, and operation guidelines for the
investment portfolio of banks, which will be effective from 1 April 2024. Under the revised guidelines,
which types of banks are excluded from the application of RBI’s issues revised norms?
(a) Foreign Banks
(b) All Commercial Banks
(c) Cooperative Banks
(d) Regional Rural Banks
The Reserve Bank of India has issued revised classification, valuation and operation guidelines for the
investment portfolio of commercial banks, which will be effective from April 1, 2024.
Banks will have to categorize investments into three categories from the next financial year: available for
sale (AFS), held to maturity (HTM), and a new category called ‘fair value through profit and loss’, or
FVTPL.

The existing held-for-trading (HFT) category will become a sub-category of the FVTPL.
The revised directions include principle-based classification of the investment portfolio, tightening of
regulations around transfers to/from held to maturity (HTM) category and sales out of HTM, inclusion of
non-SLR (statutory liquidity ratio) securities in HTM subject to fulfillment of certain conditions and
symmetric recognition of gains and losses.
As per the revised norms, banks will have to classify their entire investment portfolio under three
categories — Held to Maturity (HTM), Available for Sale (AFS) and Fair Value through Profit and Loss
(FVTPL).
Held for Trading (HFT) shall be a separate investment subcategory within FVTPL. The category of the
investment shall be decided by the bank before or at the time of acquisition and this decision shall be
properly documented.

While the revised Directions align the accounting norms for banks’ investment portfolios with global
financial reporting standards, important prudential safeguards such as investment fluctuation reserve
(IFR), due diligence/limits with respect to non-SLR investments, internal control systems, reviews and
reporting, etc. have been retained and prudential concerns on reliability of valuation have been
addressed.
The revised Directions shall apply to all commercial banks (excluding Regional Rural Banks) from the
financial year commencing on April 1, 2024.
Banks are currently required to follow regulatory guidelines on the classification and valuation of
investment portfolios, which are based on framework issued in October 2000 drawing upon the then-
prevailing global standards and best practices.

7. The Reserve Bank of India (RBI) approved the reappointment of Sandeep Bakshi as the
Managing Director and Chief Executive Officer (MD and CEO) of ICICI Bank. What is the
full form of ICICI Bank?
(a) Industrial Credit and Investment Co-operation of India
(b) Investment Credit and Industrial Corporation of India
(c) Industrial Common and Investment Corporation of India
(d) Industrial Credit and Investment Corporation of India

7. The Reserve Bank of India (RBI) approved the reappointment of Sandeep Bakshi as the Managing
Director and Chief Executive Officer (MD and CEO) of ICICI Bank. What is the full form of ICICI Bank?
(a) Industrial Credit and Investment Co-operation of India
(b) Investment Credit and Industrial Corporation of India
(c) Industrial Common and Investment Corporation of India
(d) Industrial Credit and Investment Corporation of India
The Reserve Bank of India (RBI) approved the reappointment of Sandeep Bakshi as the Managing Director
and Chief Executive Officer (MD and CEO) of ICICI Bank.
The reappointment tenure will be effective till October 3, 2026, the private sector lender notified the
exchanges.
Bakhshi was appointed as the head of ICICI Bank in October 2018, taking over from Chanda Kochhar in a
period of uncertainty for the bank, as Kochhar stepped down in the face of inquiries over conflict of
interest in some lending operations of the bank.

8. Who has been ranked as the top central banker globally by US-based Global Finance
magazine?
(a) Raghuram Rajan
(b) Viral Acharya
(c) Chanda Kochhar
(d) Shaktikanta Das

8. Who has been ranked as the top central banker globally by US-based Global Finance
magazine?
(a) Raghuram Rajan
(b) Viral Acharya
(c) Chanda Kochhar
(d) Shaktikanta Das
Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central
banker globally by US-based Global Finance magazine.
Das has been rated ‘A+’ in the Global Finance Central Banker Report Cards 2023.
Das is followed by Switzerland Governor Thomas J Jordan and central bank chief of
Vietnam Nguyen Thi Hong.

Das has been placed at the top of the list of three central bank governors who have been
rated A+.
Grades are based on a scale from A to F for success in inflation control, economic growth
goals, currency stability, and interest rate management, according to a statement by
Global Finance magazine.
An ‘A’ represents an excellent performance down through an ‘F’ for outright failure.
The report has been published annually by Global Finance since 1994.

Use code : SHEETAL
Use code : SHEETAL
10. In August 2023, the Reserve Bank of India (RBI) sanctioned the Scheme of
Amalgamation of the _______________ (co-operative Bank) with Rajadhani Co-op.
Urban Bank Ltd.
1) Chaitanya Co-Operative Urban Bank
2) Gayatri Co-Operative Urban Bank
3) Adarsh Cooperative Urban Bank
4) Navanirman Co-operative Urban Bank

10. In August 2023, the Reserve Bank of India (RBI) sanctioned the Scheme of Amalgamation of the
_______________ (co-operative Bank) with Rajadhani Co-op. Urban Bank Ltd.
1) Chaitanya Co-Operative Urban Bank
3) Adarsh Cooperative Urban Bank
4) Navanirman Co-operative Urban Bank
The Reserve Bank of India (RBI) sanctioned the Scheme of Amalgamation of The Navanirman Cooperative
Urban Bank Ltd., Hyderabad, Telangana with Rajadhani Co-op. Urban Bank Ltd., Hyderabad, Telangana.
The Scheme of Amalgamation is with effect from August 3rd, 2023.
The Navanirman Co-operative Urban Bank Ltd branch (Hyderabad, Telangana) will function as a branch of
the Rajadhani Co-op. Urban Bank Ltd (Hyderabad, Telangana) with effect from August 03, 2023.

11. Which of the following points is/are ‘correct’ with respect to the initiatives by the
Reserve Bank of India (RBI) in August 2023?
A) Reserve Bank of India (RBI) mandates banks to hold an Incremental Cash Reserve
Ratio (ICRR) of 10% on increase in deposits between May 19 and July 28, 2023 with
effect from 12th August 2023.
B) RBI has increased the transaction limit to Rs 500 from Rs 200 to encourage wider
adoption of UPI (Unified Payments Interface) Lite.
C) Reserve Bank Innovation Hub (RBIH) is developing a digital Public Tech Platform to
facilitate easy lending by providing necessary digital data to lenders.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C
11. Which of the following points is/are ‘correct’ with respect to the initiatives by the
Reserve Bank of India (RBI) in August 2023?
A) Reserve Bank of India (RBI) mandates banks to hold an Incremental Cash Reserve
Ratio (ICRR) of 10% on increase in deposits between May 19 and July 28, 2023 with
effect from 12th August 2023.
B) RBI has increased the transaction limit to Rs 500 from Rs 200 to encourage wider
adoption of UPI (Unified Payments Interface) Lite.
C) Reserve Bank Innovation Hub (RBIH) is developing a digital Public Tech Platform to
facilitate easy lending by providing necessary digital data to lenders.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

Reserve Bank of India (RBI) mandates banks to hold an Incremental Cash Reserve Ratio (ICRR) of 10% on
increase in deposits between May 19 and July 28, 2023 with effect from the fortnight starting Aug. 12,
2023.
• In order to encourage wider adoption of UPI (Unified Payments Interface) Lite, RBI has increased the
transaction limit to Rs 500 from Rs 200. This will eliminate the need for multiple
transactions for users.
• However, overall limit is retained at Rs 2000 to contain the risks associated with relaxation of two-factor
authentication.
• UPI Lite is an ‘on-device wallet’ feature that will allow users to make real-time small-value payments
without using a UPI PIN. It was launched in September 2022.
• Reserve Bank Innovation Hub (RBIH) is developing a digital Public Tech Platform to facilitate easy
lending by providing necessary digital data to lenders.
• RBI unveils framework allowing borrowers to switch to fixed interest rate from floating interest rate,
providing relief to home, auto loan borrowers.

12. As per the All India Consumer Price Index (CPI) released by National Statistical Office
(NSO) in August 2023, India’s retail inflation rate hiked to __________ in July, 2023
surpassing the upper limit of the RBI’s 2-6% tolerance range.
1) 7.16%
2) 7.21%
3) 6.32%
4) 7.44%

12. As per the All India Consumer Price Index (CPI) released by National Statistical Office (NSO) in August
2023, India’s retail inflation rate hiked to __________ in July, 2023 surpassing the upper limit of the RBI’s
2-6% tolerance range.
1) 7.16%
2) 7.21%
3) 6.32%
4) 7.44%
As per the All India Consumer Price Index (CPI) released by National Statistical Office (NSO) under the
Ministry of Statistics and Programme Implementation (MoSPI), India’s retail inflation rate hiked to 7.44%
in July, 2023 surpassing the upper limit of the Reserve Bank of India’s (RBI) 2-6% tolerance range. The
inflation rate recorded 4.87% in June 2023.
• This is due to a surge in prices of vegetables, cereals, pulses, spices and milk.
i. The Reserve Bank of India (RBI) has increased its inflation forecast for the current FY2024 to 5.4% from
the earlier estimate of 5.1%.

ii. Rajasthan registered the highest inflation rate at 9.66%, followed by Jharkhand at
9.16%, Tamil Nadu at 8.95%, Odisha at 8.67%, and Uttarakhand at 8.58%.
iii. In July 2023, wholesale prices continued to display deflationary trends for the fourth
consecutive month. This notable increase in food and primary article prices led to a
substantial reduction in the overall price decline, narrowing it to (-)1.36%.

13. Which of the following companies has recently (in August ‘23) received the Rs. 91
Crores contract from the Reserve Bank of India (RBI) for the use of advanced analytics,
artificial intelligence (AI) and Machine Learning(ML) to analyse its huge database and
improve regulatory supervision?
1) Cognizant India Private Limited
2) Mckinsey & Company India Llp
3) Accenture Solutions Private Limited India
4) Both 2 & 3

13. Which of the following companies has recently (in August ‘23) received the Rs. 91 Crores contract
from the Reserve Bank of India (RBI) for the use of advanced analytics, artificial intelligence (AI) and
Machine Learning(ML) to analyse its huge database and improve regulatory supervision?
1) Cognizant India Private Limited
2) Mckinsey & Company India Llp
3) Accenture Solutions Private Limited India
4) Both 2 & 3
Reserve Bank of India (RBI) awarded the contract worth Rs. 91 Crores to McKinsey and Company India
LLP (Limited Liable Partnership) and Accenture Solutions Private Limited India for the use of advanced
analytics, artificial intelligence(AI) and machine learning(ML) to analyse its huge database and improve
regulatory supervision over banks and Non Banking Financial Services(NBFCs).
AI and ML technologies are used for real-time data reporting, effective data management and
dissemination.

14. Which of the following points is/are “correct” with respect to the initiative taken by the Reserve Bank
of India (RBI) in August 2023?
A) Reserve Bank of India (RBI) commenced its digital lending pilot project for Public Tech Platform for
Frictionless Credit which is developed by Reserve Bank Innovation Hub (RBIH).
B) RBI Governor Shaktikanta Das introduced a centralized web portal called “उ"गम UDGAM” (Unclaimed
Deposits – Gateway to Access inforMation) to simplify the process for the public to
locate their unclaimed deposits in various banks through a single platform.
C) Reserve Bank Information Technology Pvt Ltd (ReBIT), Indian Financial Technology & Allied Services
(IFTAS) and participating banks have collaborated to develop this portal.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

14. Which of the following points is/are “correct” with respect to the initiative taken by the Reserve Bank
of India (RBI) in August 2023?
A) Reserve Bank of India (RBI) commenced its digital lending pilot project for Public Tech Platform for
Frictionless Credit which is developed by Reserve Bank Innovation Hub (RBIH).
B) RBI Governor Shaktikanta Das introduced a centralized web portal called “उ"गम UDGAM” (Unclaimed
Deposits – Gateway to Access inforMation) to simplify the process for the public to
locate their unclaimed deposits in various banks through a single platform.
C) Reserve Bank Information Technology Pvt Ltd (ReBIT), Indian Financial Technology & Allied Services
(IFTAS) and participating banks have collaborated to develop this portal.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

On August 17, 2023, the Reserve Bank of India (RBI) commenced its digital lending pilot
project for Public Tech Platform for Frictionless Credit which is developed by Reserve
Bank Innovation Hub (RBIH), a wholly owned subsidiary of RBI.
i. RBI Governor Shaktikanta Das introduced a centralized web portal called “उ"गम
UDGAM” (Unclaimed Deposits – Gateway to Access inforMation) to simplify the process
for the public to locate
their unclaimed deposits in various banks through a single platform.
ii. Reserve Bank Information Technology Pvt Ltd (ReBIT), Indian Financial Technology &
Allied Services (IFT

Use code : SHEETAL
Use code : SHEETAL
15. According to the Reserve Bank of India (RBI) data released in August 2023, Bank
credit growth to Micro, Small and Medium Enterprises (MSMEs) has decelerated on a
year-on-year (yo-y) basis in the first three months (April-June) of the Q1FY24. The Credit
to medium industries grew by __________ in June 2023.
1) 11.8%
2) 14.2%
3) 12.5%
4) 13.2%

15. According to the Reserve Bank of India (RBI) data released in August 2023, Bank
credit growth to Micro, Small and Medium Enterprises (MSMEs) has decelerated on a
year-on-year (yo-y) basis in the first three months (April-June) of the Q1FY24. The Credit
to medium industries grew by __________ in June 2023.
1) 11.8%
2) 14.2%
3) 12.5%
4) 13.2%

According to the Reserve Bank of India (RBI) data, Bank credit growth to Micro, Small and Medium
Enterprises (MSMEs) has decelerated on a year-on-year (y-o-y) basis in the first three months (AprilJune)
of the FY24 i.e. Q1FY24.
• Banks’ cautious attitude towards risk makes them hesitant to provide loans to small units, leading to a
deceleration in bank credit growth.
i. Credit to medium industries grew by 13.2% in June 2023 (compared to 47.8% in June 2022).
ii. The Expert Committee on MSME, constituted by RBI in December 2018, has estimated the overall
credit gap in the MSME sector to be in the range of Rs 20 to Rs 25 lakh crore.
iii. RBI has issued comprehensive guidelines to the Regulated Entities (REs) regarding penal charges in
loan accounts to ensure fairness, transparency, and accountability in the lending practices of financial
institutions. These will come into effect from January 1, 2024.
• RBI issued these instructions under sections 21, 35A and 56 of the Banking Regulation (BR) Act, 1949,
sections 45JA, 45L and 45M of the RBI Act, 1934, and section 30A of the National Housing Bank (NHB)
Act, 1987.

16. Which of the following points is/are “correct” with respect to the Reserve Bank of India (RBI) initiative
in August 2023?
A) The Reserve Bank of India (RBI) has reviewed guidelines for Infrastructure Debt Fund-NonBanking
Financial Companies (IDF-NBFCs) to enhance their role in infrastructure financing
and align regulations across NBFCs in this sector.
B) IDF-NBFCs must maintain a Net Owned Fund (NOF) of at least Rs 500 crore & can issue rupee or dollar-
denominated bonds with a minimum maturity of 3 years.
C) RBI advised banks and finance companies to reset Floating Interest Rate on Equated Monthly
Instalments (EMI) for select personal loans in response to rising interest rates through the new rules,
w.e.f. December 31, 2023.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C

16. Which of the following points is/are “correct” with respect to the Reserve Bank of India (RBI) initiative
in August 2023?
A) The Reserve Bank of India (RBI) has reviewed guidelines for Infrastructure Debt Fund-NonBanking
Financial Companies (IDF-NBFCs) to enhance their role in infrastructure financing
and align regulations across NBFCs in this sector.
B) IDF-NBFCs must maintain a Net Owned Fund (NOF) of at least Rs 500 crore & can issue rupee or dollar-
denominated bonds with a minimum maturity of 3 years.
C) RBI advised banks and finance companies to reset Floating Interest Rate on Equated Monthly
w.e.f. December 31, 2023.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C

The Reserve Bank of India (RBI), in consultation with the Government of India (GoI), has reviewed
guidelines for Infrastructure Debt Fund-Non-Banking Financial Companies (IDF-NBFCs) to enhance their
role in infrastructure financing and align regulations across NBFCs in this sector.
• The updated regulations for IDF-NBFCs will be effective from August 18, 2023.
i. IDF-NBFCs must maintain a Net Owned Fund (NOF) of at least Rs 300 crore.
ii. IDF-NBFCs can issue rupee or dollar-denominated bonds with a minimum maturity of five years.
iii. RBI advised banks and finance companies to reset Floating Interest Rate on Equated Monthly
w.e.f. December 31, 2023. This will apply to both new and existing borrowers.

17. Name the bank that has recently (in August ‘23) launched its Unified Payments
Interface (UPI) Interoperable Digital Rupee mobile application.
1) Bank of Maharashtra
2) Canara Bank
3) Axis Bank
4) Bank of India

17. Name the bank that has recently (in August ‘23) launched its Unified Payments Interface (UPI)
Interoperable Digital Rupee mobile application.
1) Bank of Maharashtra
2) Canara Bank
3) Axis Bank
4) Bank of India
Canara Bank launched its Unified Payments Interface (UPI) Interoperable Digital Rupee mobile
application, called the “Canara Digital Rupee app”, as a part of the Reserve Bank of India (RBI)’s Central
Bank Digital Currency (CBDC) pilot project.
i. Canara Bank is now the first among the public and commercial sector banks to provide this feature in its
CBDC mobile app, Canara Digital Rupee app.
ii. The app has been created in accordance with RBI guidelines and is powered by advanced blockchain
technology to ensure great security and efficiency.

18. In August 2023, the Reserve Bank of India (RBI) sanctioned the Scheme of Voluntary
Amalgamation of Hyderabad, Telangana based Twin Cities Co-operative Urban Bank
Limited with ___________________in Hyderabad, Telangana.
1) Kranti Co-operative Urban Bank
2) Agrasen Co-Operative Urban Bank
4) A.P. Mahesh Cooperative Urban Bank

18. In August 2023, the Reserve Bank of India (RBI) sanctioned the Scheme of Voluntary Amalgamation
of Hyderabad, Telangana based Twin Cities Co-operative Urban Bank Limited with
___________________in Hyderabad, Telangana.
1) Kranti Co-operative Urban Bank
2) Agrasen Co-Operative Urban Bank
4) A.P. Mahesh Cooperative Urban Bank
The Reserve Bank of India(RBI) sanctioned the Scheme of Voluntary Amalgamation of Hyderabad
(Telangana) based Twin Cities Co-operative Urban Bank Limited with Hyderabad (Telangana) based Kranti
Co-operative Urban Bank Limited.
• RBI has the authority to approve the voluntary amalgamation of Urban Cooperative Banks (UCBs) based
on its discretion.
• This authority is granted under Sub-Section (4) of Section 44A read with Section 56 of the Banking
Regulation Act, 1949.

21. Name the Bank that has been recently (in August ‘23) appointed by the Reserve
Bank of India (RBI) to act as an authorized bank for pension disbursement for civil
pensioners on behalf of the Central Pension Accounting Office (CPAO).
1) IndusInd Bank
2) Axis Bank
3) YES Bank
4) Bandhan Bank

21. Name the Bank that has been recently (in August ‘23) appointed by the Reserve
Bank of India (RBI) to act as an authorized bank for pension disbursement for civil
pensioners on behalf of the Central Pension Accounting Office (CPAO).
1) IndusInd Bank
2) Axis Bank
3) YES Bank
4) Bandhan Bank
Bandhan Bank Ltd has been appointed by the Reserve Bank of India (RBI) to act as an
authorized bank for pension disbursement for civil pensioners on behalf of the Central
Pension Accounting Office (CPAO), an entity under the Ministry of Finance.
i. Bandhan Bank will soon be integrating with the office of the CPAO to operationalise
the disbursement process.

22. Which of the following points is/are “correct” with respect to the Visit of Saudi Arabia’s Prime
Minister (PM) His Royal Highness (HRH) Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud to India in
September 2023?
A) Prime Minister (PM) Saudi Arabia and the PM of India Narendra Modi co-chaired the first meeting of
the India – Saudi Strategic Partnership Council (SPC).
B) The Indian Ministry of New and Renewable Energy (MNRE) and the Saudi Ministry of Energy have
signed a MoU to strengthen their energy partnership, supporting India’s transition to sustainable energy
and global climate change mitigation efforts.
C) An MoU was inked between Reserve Bank of India (RBI), and Small and Medium Enterprises (SME)
Bank of Saudi Arabia for cooperation in the technical field and the establishment of the SME Bank.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C

22. Which of the following points is/are “correct” with respect to the Visit of Saudi Arabia’s Prime
Minister (PM) His Royal Highness (HRH) Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud to India in
September 2023?
A) Prime Minister (PM) Saudi Arabia and the PM of India Narendra Modi co-chaired the first meeting of
the India – Saudi Strategic Partnership Council (SPC).
B) The Indian Ministry of New and Renewable Energy (MNRE) and the Saudi Ministry of Energy have
signed a MoU to strengthen their energy partnership, supporting India’s transition to sustainable energy
and global climate change mitigation efforts.
C) An MoU was inked between Reserve Bank of India (RBI), and Small and Medium Enterprises (SME)
Bank of Saudi Arabia for cooperation in the technical field and the establishment of the SME Bank.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C

From September 9-11, 2023, the His Royal Highness (HRH) Prince Mohammed bin Salman bin Abdulaziz Al Saud,
Crown Prince and Prime Minister (PM) of the Kingdom of Saudi Arabia, paid a State visit to India on the
invitation of Prime Minister (PM) of India Narendra Modi. This marks the Prince’s 2nd State visit to India, His
Royal Highness earlier visited India on a State Visit in February 2019.
The Crown Prince and the PM of India co-chaired the first meeting of the India – Saudi Strategic Partnership
Council (SPC) which was set up with the signing of an Agreement by both leaders during the PM Narendra Modi
state visit to Riyadh, Saudi Arabia in October 2019.
This SPC made India the fourth country with which Saudi Arabia formed such a partnership, after the United
Kingdom (UK), France, and China.
The Indian Ministry of New and Renewable Energy (MNRE) and the Saudi Ministry of Energy have signed a MoU
to strengthen their energy partnership, supporting India’s transition to sustainable energy and global climate
change mitigation efforts.
A MoU was inked between Small Industries Development Bank of India (SIDBI), and Small and Medium
Enterprises (SME) Bank of Saudi Arabia for cooperation in the technical field and the establishment of the SME
Bank.

23. Which company has recently (in Sept ‘23) received the Certificate of Registration
from the Reserve Bank of India (RBI) to start the business of Non-Banking Finance
Company (NBFC)?
1) Hinduja Leyland Finance Limited
2) Clix Finance India Private Limited
3) Thakur Fininvest Private Limited
4) Bajaj Auto Consumer Finance Limited

23. Which company has recently (in Sept ‘23) received the Certificate of Registration from the Reserve
Bank of India (RBI) to start the business of Non-Banking Finance Company (NBFC)?
1) Hinduja Leyland Finance Limited
2) Clix Finance India Private Limited
3) Thakur Fininvest Private Limited
4) Bajaj Auto Consumer Finance Limited
Bajaj Auto Consumer Finance Limited (BACFL), a wholly-owned subsidiary of Bajaj Auto Limited, has
received the Certificate of Registration from the Reserve Bank of India (RBI) to start the business of Non-
Banking Finance Company (NBFC).
The certification of registration was issued on 31st August 2023 under Section 45-IA of the Reserve Bank
of India Act, 1934 to commence/carry on the business of the NBFC without accepting public deposits.

24. Which of the following points is/are “correct” with respect to the step taken by the Reserve Bank of
India (RBI) in September 2023?
A) RBI circular titled ‘Operation of Pre-Sanctioned Credit Lines at Banks through UPI’ announced the
inclusion of pre-sanctioned credit lines as funding accounts in Unified Payments Interface (UPI).
B) The circular applies to Scheduled Commercial Banks, excluding Payment Banks, Small Finance Banks,
and Regional Rural Banks.
C) Banks can establish terms and conditions for the use of these credit lines, including credit limits, credit
periods, interest rates, in accordance with their board-approved policies.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

24. Which of the following points is/are “correct” with respect to the step taken by the Reserve Bank of
India (RBI) in September 2023?
A) RBI circular titled ‘Operation of Pre-Sanctioned Credit Lines at Banks through UPI’ announced the
inclusion of pre-sanctioned credit lines as funding accounts in Unified Payments Interface (UPI).
B) The circular applies to Scheduled Commercial Banks, excluding Payment Banks, Small Finance Banks,
and Regional Rural Banks.
C) Banks can establish terms and conditions for the use of these credit lines, including credit limits, credit
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

The Reserve Bank of India (RBI) circular titled ‘Operation of Pre-Sanctioned Credit Lines at Banks through
UPI’ announced the inclusion of pre-sanctioned credit lines as funding accounts in Unified Payments
Interface (UPI).
This decision broadens the scope of UPI by incorporating credit lines as a funding account.
A credit line in UPI refers to a pre-approved amount of credit that a bank offers to its customers. This
credit line allows customers to make transactions or payments even if they
don’t have sufficient funds in their bank account at that moment.
The circular applies to Scheduled Commercial Banks, excluding Payment Banks, Small Finance Banks, and
Regional Rural Banks.
This directive is issued under Section 10(2) read with Section 18 of the Payment and Settlement Systems
Act, 2007 (Act 51 of 2007).
Banks can establish terms and conditions for the use of these credit lines, including credit limits, credit

25. Which Small Finance Bank (SFB) has recently (in Sept ‘23) introduced the Zenith+
Metal Credit Card, to expand its range of banking solutions?
1) Suryoday SFB
2) Equitas SFB
3) Jana SFB
4) AU SFB

25. Which Small Finance Bank (SFB) has recently (in Sept ‘23) introduced the Zenith+ Metal Credit Card,
to expand its range of banking solutions?
1) Suryoday SFB
2) Equitas SFB
3) Jana SFB
4) AU SFB
AU Small Finance Bank Ltd., a Reserve Bank of India (RBI)-approved Small Finance Bank (SFB), introduced
the Zenith+ Metal Credit Card, expanding its range of banking solutions.
This super premium credit card includes features from global travel to unlimited entertainment options
like premium lounge access, personalised concierge services, and a welcome benefit with Luxury Brand
vouchers or Reward Points worth Rs 5000 upon card activation.
The card’s benefits include the lowest Foreign Exchange (Forex) markup of 0.99% for global travel.

26. Name the bank that has recently (in Sept ‘23) received approval from the Reserve
Bank of India (RBI) to convert I-Process Services (India) Private Limited (I-Process) into a
whollyowned subsidiary.
1) HDFC Bank
2) ICICI Bank
3) YES Bank
4) Axis Bank

26. Name the bank that has recently (in Sept ‘23) received approval from the Reserve Bank of India (RBI)
to convert I-Process Services (India) Private Limited (I-Process) into a whollyowned subsidiary.
1) HDFC Bank
2) ICICI Bank
3) YES Bank
4) Axis Bank
The Reserve Bank of India (RBI) has approved ICICI Bank Limited to convert I-Process Services (India)
Private Limited (I-Process) into a wholly-owned subsidiary, subject to specific conditions.
• ICICI Bank’s Board members already approved the proposal in February 2023.
• The estimate cost of conversion is Rs 15.40 crores (subjected to finalisation)
• ICICI Bank currently holds 19% stake in I-Process.

27. Which of the following points is/are “correct” with respect to the guidelines released by the Reserve Bank
of India (RBI) in September 2023?
A) RBI issued guidelines on Responsible Lending Conduct which directs Regulated Entities (REs) to release all
original movable or immovable property documents, & remove charges
registered with any registry within 30 days of full repayment or settlement of personal loans by borrowers.
B) These Directions are applicable to all cases where release of original movable / immovable property
documents falls due on or after December 1, 2023.
C) RBI also revised its guidelines on categorizing the investments by banks, to align them with global standards
by issuing RBI (Classification, Valuation and Operation of Investment
Portfolio of Commercial Banks) Directions, 2023 which will be effective from April 1, 2024.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

27. Which of the following points is/are “correct” with respect to the guidelines released by the Reserve Bank
of India (RBI) in September 2023?
A) RBI issued guidelines on Responsible Lending Conduct which directs Regulated Entities (REs) to release all
original movable or immovable property documents, & remove charges
registered with any registry within 30 days of full repayment or settlement of personal loans by borrowers.
B) These Directions are applicable to all cases where release of original movable / immovable property
C) RBI also revised its guidelines on categorizing the investments by banks, to align them with global standards
by issuing RBI (Classification, Valuation and Operation of Investment
Portfolio of Commercial Banks) Directions, 2023 which will be effective from April 1, 2024.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

On September 13, 2023, the Reserve Bank of India (RBI) issued guidelines on Responsible Lending
Conduct which directs Regulated Entities (REs) to release all original movable or immovable property
documents, and remove charges registered with any registry within 30 days of full repayment or
settlement of personal loans by borrowers.
Official notification of ‘Responsible Lending Conduct – Release of Movable / Immovable Property
Documents on Repayment/ Settlement of Personal Loans‘.
These Directions are applicable to all cases where release of original movable / immovable property
If REs delay property document release or fail to file charge satisfaction forms after 30 days post-loan
settlement, they must explain the reasons to the borrower.
If the delay is REs’ fault, they must compensate the borrower at Rs 5,000 for each day of delay.
RBI also revised its guidelines on categorizing the investments by banks, to align them with global
standards by issuing RBI (Classification, Valuation and Operation of Investment Portfolio of Commercial
Banks) Directions, 2023 which will be effective from April 1, 2024.

The change in the norms follows the revisions proposed in the Discussion Paper (DP) on
January 14, 2022 regarding the current norms for the classification, valuation, and
operation of investment portfolios of commercial banks.
With the implementation of revised Directions, RBI (Classification, Valuation and
Operation of Investment Portfolio of Commercial Banks) Directions, 2021 dated August
25, 2021 will be repealed.

28. Which of the following points is/are “correct” with respect to the recent release by
the Reserve Bank of India (RBI) in September 2023?
A) RBI released the names of 15 Non-Banking Financial Companies (NBFCs) in the Upper
Layer (UL)/NBFC-UL under Scale Based Regulation for NBFCs for the year 2023-24.
B) The NBFC-UL (Upper Layer) includes NBFCs specifically identified by the RBI as
warranting enhanced regulatory requirements based on a set of parameters and scoring
methodology.
C) TMF Business Services Limited, formerly Tata Motors Finance Limited, qualifies as an
NBFCUL (Non-Banking Financial Company – Upper Layer) based on scoring methodology.
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

28. Which of the following points is/are “correct” with respect to the recent release by
the Reserve Bank of India (RBI) in September 2023?
A) RBI released the names of 15 Non-Banking Financial Companies (NBFCs) in the Upper
Layer (UL)/NBFC-UL under Scale Based Regulation for NBFCs for the year 2023-24.
B) The NBFC-UL (Upper Layer) includes NBFCs specifically identified by the RBI as
warranting enhanced regulatory requirements based on a set of parameters and scoring
methodology.
C) TMF Business Services Limited, formerly Tata Motors Finance Limited, qualifies as an
1) Only A
2) Only A & B
3) Only B & C
4) All A, B & C

On September 15, 2023, the Reserve Bank of India (RBI) released the names of 15 Non-
Banking Financial Companies (NBFCs) in the Upper Layer (UL)/NBFC-UL under Scale
Based Regulation for
NBFCs for the year 2023-24. Click Here is the list of NBFC-UL for 2023-24.
In October 2021, RBI issued the Scale Based Regulation (SBR): A Revised Regulatory
Framework for NBFCs (the framework) which categorizes NBFCs in the following as per
their asset size and scoring methodology:
NBFC-BL (Base Layer): It primarily consists of non-deposit-taking NBFCs with assets
below Rs 1,000 crore.
NBFC-ML (Middle Layer): It comprises all deposit-taking NBFCs and non-deposit-taking
NBFCs with assets exceeding Rs 1,000 crore,
NBFC-UL (Upper Layer): The upper layer includes NBFCs specifically identified by the RBI
as warranting enhanced regulatory requirements based on a set of parameters and
scoring methodology.
The top 10 eligible NBFCs in terms of asset size will always reside in the upper layer,
regardless of other factors.
NBFC-TL (Top Layer): NBFC-UL will be moved to Top Layer if RBI recognizes a substantial
increase in the potential systemic risk. As of now, the Top Layer shall ideally remain
empty.
TMF Business Services Limited, formerly Tata Motors Finance Limited, qualifies as an
However, it is currently not listed as an NBFC-UL in the latest review due to ongoing
business reorganization.

29. Which of the following points is/are “correct” with respect to the Reserve Bank of
India (RBI)’s Flow of Financial Assets and Liabilities of Household data released in
September 2023?
A) Net financial savings of households fell to a nearly seven-decade low of 6.1% of GDP
in FY23, down from 7.2% in FY22.
B) National Financial Switch (NFS) usage decreased from 11.5% in FY21 to 5.1% in FY23,
C) Household financial liabilities saw a substantial increase, rising to 5.8% of GDP in
FY23, up
from 3.8% in FY22.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C

29. Which of the following points is/are “correct” with respect to the Reserve Bank of
India (RBI)’s Flow of Financial Assets and Liabilities of Household data released in
September 2023?
A) Net financial savings of households fell to a nearly seven-decade low of 6.1% of GDP
in FY23, down from 7.2% in FY22.
B) National Financial Switch (NFS) usage decreased from 11.5% in FY21 to 5.1% in FY23,
C) Household financial liabilities saw a substantial increase, rising to 5.8% of GDP in
FY23, up
from 3.8% in FY22.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
Net financial savings of households fell to a nearly five-decade low of 5.1% of GDP in
FY23, down from 7.2% in FY22. This marked a notable decrease from the previous fiscal
year, where it stood at 7.2% (FY22), as per Reserve Bank of India (RBI) data.
• National Financial Switch (NFS) usage decreased from 11.5% in FY21 to 5.1% in FY23,
as per data from RBI’s Flow of Financial Assets and Liabilities of Household released in
September 2023.
Household financial liabilities saw a substantial increase, rising to 5.8% of GDP in FY23,
up from 3.8% in FY22. This indicates that households have increasingly relied on
borrowing to meet their consumption needs.

Use code : SHEETAL
Use code : SHEETAL
30. Which of the following cooperative banks was ‘Not’ recently (in Sept ‘23) received
monetary penalties from Reserve Bank of India (RBI) for citing its authority under the
Banking Regulation Act, 1949, specifically Section 47 A (1) I in conjunction with Sections
46 (4) (i) and 56?
1) Abhyudaya Co-operative Bank Ltd (Maharashtra)
2) Lalbaug Cooperative Bank Ltd (Gujarat)
3) Cooperative Bank of Mehsana Ltd (Gujarat)
4) Harij Nagrik Sahakari Bank Ltd (Gujarat)
30. Which of the following cooperative banks was ‘Not’ recently (in Sept ‘23) received
monetary penalties from Reserve Bank of India (RBI) for citing its authority under the
Banking Regulation Act, 1949, specifically Section 47 A (1) I in conjunction with Sections
46 (4) (i) and 56?
1) Abhyudaya Co-operative Bank Ltd (Maharashtra)
2) Lalbaug Cooperative Bank Ltd (Gujarat)
3) Cooperative Bank of Mehsana Ltd (Gujarat)
4) Harij Nagrik Sahakari Bank Ltd (Gujarat)
Reserve Bank of India (RBI) imposes monetary penalties on four cooperative banks citing
its authority under the Banking Regulation Act, 1949, specifically Section 47 A (1) I in
conjunction with Sections 46 (4) (i) and 56.
• Lalbaug Cooperative Bank Ltd (Gujarat) – Rs 5 Lakh for Non-compliance with the RBI
directions on ‘Placement of Deposits with Other Banks’ and ‘Interest Rate on Deposits
Directions, 2016’.
• Cooperative Bank of Mehsana Ltd (Gujarat) – Rs 3.50 Lakh for Non-compliance with
RBI directions on ‘Loans and Advances to Directors etc. – Directors as surety or
guarantors –
Clarification’ and ‘Placement of Deposits with Other Banks’.
• Harij Nagrik Sahakari Bank Ltd (Gujarat) – Rs 3 Lakh for Non-compliance with RBI
directions on ‘Maintenance of Cash Reserve Ratio (CRR)’, ‘Placement of Deposits with
Other Banks’, and ‘Interest Rate on Deposits – Directions, 2016’.
• National Cooperative Bank Ltd (Maharashtra) – Rs 1 Lakh for Non-compliance with RBI
directions on Maintenance of Deposit Accounts-Primary (Urban) Co-operative Banks’.

31. Which of the following points is/are “correct” with respect to the recent step taken
by the Reserve Bank of India (RBI) in September 2023?
A) RBI sanctioned the Scheme of amalgamation of The Sahebrao Deshmukh Co-
operative Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited,
Pune, Maharashtra.
B) RBI imposed a monetary Penalty on the State Bank of India (Rs 1.30 Crore), Indian
Bank (Rs 1.62 crore), and Bank of Baroda (Rs 2 crore).
C) RBI also imposed a penalty of Rs 8.80 Lakh on Fedbank Financial Services Limited, a
NonBanking Financial Company (NBFC) in Mumbai, Maharashtra.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C

31. Which of the following points is/are “correct” with respect to the recent step taken
by the Reserve Bank of India (RBI) in September 2023?
A) RBI sanctioned the Scheme of amalgamation of The Sahebrao Deshmukh Co-
operative Bank Ltd., Mumbai, Maharashtra with The Cosmos Co-operative Bank Limited,
Pune, Maharashtra.
B) RBI imposed a monetary Penalty on the State Bank of India (Rs 1.30 Crore), Indian
Bank (Rs 1.62 crore), and Bank of Baroda (Rs 2 crore).
C) RBI also imposed a penalty of Rs 8.80 Lakh on Fedbank Financial Services Limited, a
NonBanking Financial Company (NBFC) in Mumbai, Maharashtra.
1) Only A
2) Only A & B
3) Only B & C
4) Only A & C
The Reserve Bank of India (RBI) took the following decisions from September 21- 25,
2023:
On September 25, 2023, RBI in exercise of its power conferred under Sub-Section (4) of
Section 44A read with Section 56 of the Banking Regulation (BR) Act, 1949 sanctioned
the Scheme of
amalgamation of The Sahebrao Deshmukh Co-operative Bank Ltd., Mumbai,
Maharashtra with The Cosmos Co-operative Bank Limited, Pune, Maharashtra.
On September 21, 2023, RBI imposed a monetary Penalty on the State Bank of India (Rs
1.30 Crore), Indian Bank (Rs 1.62 crore), and Punjab & Sind Bank (Rs 1 crore) in exercise
of it
powers conferred under the provisions of Section 47A(1)(c) read with Sections 46(4)(i)
and 51(1) of the BR Act.
RBI also imposed a penalty of Rs 8.80 Lakh on Fedbank Financial Services Limited, a
NonBanking Financial Company (NBFC) in Mumbai, for non-compliance with certain
provisions of
the Monitoring of Frauds in NBFCs (Reserve Bank) Directions, 2016.
On September 25, 2023, RBI cancelled the licence of the Kapol Co-operative Bank
Limited, Mumbai, Maharashtra amid inadequate capital and earning prospects.
Following, it is immediately prohibited from conducting banking activities, including
accepting and repaying deposits, as defined in Section 5 (b) read with Section 56 of the
BR Act, 1949 with immediate effect.

32. In September 2023, Poonawalla Fincorp Limited received approval from Reserve
Bank of India(RBI) to issue co-branded credit cards with _____________ (Bank).
1) YES Bank
2) HDFC Bank
3) RBL Bank
4) IndusInd Bank

32. In September 2023, Poonawalla Fincorp Limited received approval from Reserve
Bank of India(RBI) to issue co-branded credit cards with _____________ (Bank).
1) YES Bank
2) HDFC Bank
3) RBL Bank
4) IndusInd Bank
Poonawalla Fincorp Limited has received Reserve Bank of India (RBI)’s approval to issue
cobranded credit cards with IndusInd Bank Limited.
Poonawalla Fincorp Limited(formerly known as Magma Fincorp) is a Non-Banking
Finance Company (NBFC) belonging to Cyrus Poonawalla group.
The co-branded credit card is designed to offer benefits to the customers with a
favourable credit history. The credit card is set to be launched within 3 months.

Use code : SHEETAL
Use code : SHEETAL
The housing finance company is owned by the Indian bank and Housing and urban
development corporation Ltd (HUDCO). The bank holds 51 per cent stake and the
HUDCO holds how many per cent stake?
(a) 20%
(b) 21%
(c) 25%
(d) 23%

The housing finance company is owned by the Indian bank and Housing and urban
development corporation Ltd (HUDCO). The bank holds 51 per cent stake and the
HUDCO holds how many per cent stake?
(a) 20%
(b) 21%
(c) 25%
(d) 23%
The Reserve Bank of India (RBI) has cancelled the Certificate of Registration of
Chennai-based Ind Bank Housing Ltd. Indian Bank and HUDCO (Housing and Urban
Development Corporation Ltd) are major shareholders in the housing finance
company, holding 51 per cent and 25 per cent stake, respectively. The company was
set up in 1991.The housing finance company’s net loss widened to ₹55.78 lakh in FY23
against ₹12.93 lakh in FY22.The balance loss carried to balance sheet stood at ₹135.70
crore in FY23 against ₹135.15 crore in FY22, per the HFC’s annual report.

How much has the Reserve Bank of India fined Paytm Payments Bank?
(a) Rs 5.29 crore
(b) Rs 5.39 crore
(c) Rs 5.49 crore
(d) Rs 5.59 crore

How much has the Reserve Bank of India fined Paytm Payments Bank?
(a) Rs 5.29 crore
(b) Rs 5.39 crore
(c) Rs 5.49 crore
(d) Rs 5.59 crore
The Reserve Bank of India stated it has imposed a penalty of Rs 5.39 crore on Paytm
Payments Bank Ltd for non-compliance with certain provisions, including Know Your
Customer (KYC) norms. The central bank also found non-compliance with certain
provisions related to 'RBI Guidelines for Licensing of Payments Banks', 'Cyber security
framework in banks' and 'Securing mobile banking applications including UPI
ecosystem'. Further, RBI stated that the penalty is based on the deficiencies in
regulatory compliance and is not intended to pronounce upon the validity of any
transaction or agreement entered into by the bank with its customers.

In FY23, State Bank of India's Interest in Jio Payments Bank Drops to 23%. While the percentage drops below
25%, SBI will also lose the ability to veto special decisions at its joint venture (JV), which is how many years
old?
(a) 5years
(b) 4years
(c) 7years
(d) 6years

In FY23, State Bank of India's Interest in Jio Payments Bank Drops to 23%. While the percentage drops below 25%, SBI
will also lose the ability to veto special decisions at its joint venture (JV), which is how many years old?
(a) 5years
(b) 4years
(c) 7years
(d) 6years
• State Bank of India’s (SBI) shareholding in Jio Payments Bank fell to 23% in FY23 from the 30% that it has maintained
since inception, indicating its disinterest in the payments bank business model.
• The fall below 25% also means SBI will no longer be able to block special resolutions at its 7-year-old joint venture
(JV).
• SBI abstained from participating in two Jio Payments Bank rights issues.
• Meanwhile, Reliance Industries (RIL), SBI's JV partner, acquired 10 million shares on November 29 and 70 million
shares on January 23.

A high-level group was formed by IRDAI with the goal of recommending

actions to increase banks' participation in providing easier access to
insurance products throughout India. Who is the chairman of the panel?
(a) J Meena
(b) K Kumari
(c) D Meena
(d) S Kumari

A high-level group was formed by IRDAI with the goal of recommending actions to
increase banks' participation in providing easier access to insurance products
throughout India. Who is the chairman of the panel?
(a) J Meena
(b) K Kumari
(c) D Meena
(d) S Kumari
Banks currently engage in the distribution of insurance products as corporate agents or as

master policyholders, adhering to regulatory guidelines.The task force is headed by J
Meena Kumari, Executive Director (Life), IRDAI. The panel also has representations from
banks and insurance companies. The panel has been asked to suggest regulatory
stipulations on the market conduct requirements of bancassurance partners, especially in
view of mis-selling/forced selling complaints in the distribution model.

When the sum exceeds how many lakh rupees, will District
Election Officers (DEOs) forward the information to the Income
Tax Department so that appropriate action can be taken?
(a) Rs.5lakh
(b) Rs.15lakh
(c) Rs.25lakh
(d) Rs.10lakh

When the sum exceeds how many lakh rupees, will District Election Officers (DEOs) forward the
information to the Income Tax Department so that appropriate action can be taken?
(a) Rs.5lakh
(b) Rs.15lakh
(c) Rs.25lakh
(d) Rs.10lakh
Election Commission of India (ECI) has launched Integrated Expenditure Monitoring Software (IEMS), a
new tech-enabled portal to facilitate online filing of Contribution Reports, Election Expenditure
Statements, and Audited Annual Accounts by political parties.District Election Officers (DEOs) will collect
unusual and suspicious cash withdrawals or deposits of cash exceeding one Lakh rupees from banks
for verification followed by necessary action.If the amount is more than 10 Lakh rupees, then DEOs will
pass on such information to the Income Tax Department for necessary actionAccording to the ECI, the
Investigation Directorate of the Income Tax Department will activate Air Intelligence Units at the
airports to gather intelligence.

Out of total applications for imports of laptops and other IT

hardware products valued at approximately USD 10 billion, how
many get cleared by the government?
(a) 110
(b) 111
(c) 105
(d) 100

Out of total applications for imports of laptops and other IT hardware products
valued at approximately USD 10 billion, how many get cleared by the government?
(a) 110
(b) 111
(c) 105
(d) 100
The government has cleared 110 of the total 111 applications, including those of Apple,
Dell and Lenovo, that sought permission for imports of IT hardware products like laptops
and computers on the first day of implementation of the new system.Other companies
that received import approvals include HP India Sales Pvt Ltd, ASUS India, IBM India,
Samsung India Electronics, Xiaomi Technology India, Cisco Commerce India, Microsoft
Corporation (India), Siemens Ltd, Bosch Ltd, Redington Ltd, Ingram Micro India, and
Oracle India.

In how many regional languages will the NPCI begin offering voice
commands for UPI transactions in April 2024?
(a) 10
(b) 9
(c) 11
(d) 13

In how many regional languages will the NPCI begin offering voice commands for UPI
transactions in April 2024?
(a) 10
(b) 9
(c) 11
(d) 13
Hello! UPI' feature enables users to perform various UPI functions using voice commands, including
user onboarding, balance inquiry, financial transactions, complaint resolution, and more.Reserve
Bank of India (RBI) governor Shaktikanta Das had previously announced the launch of several new
products, including 'Hello! UPI,' by the NPCI during the Global Fintech Festival in September.With the
'Hello! UPI' feature, users can initiate transactions by giving voice commands. Initially, this voice
command service will be available in English and Hindi.Over time, users will have the option to use
voice commands in 11 regional languages.

Tier 2 bonds with a 7.8% yield rate are used by SBI to raise ₹10,000 crore.The first
call option is available after how many years, with a 15-year tenor?
(a) 5
(b) 10
(c) 8
(d) 12

Tier 2 bonds with a 7.8% yield rate are used by SBI to raise ₹10,000 crore.The first call
option is available after how many years, with a 15-year tenor?
(a) 5
(b) 10
(c) 8
(d) 12
India's largest public sector lender State Bank of India (SBI) announced that it
has raised ₹10,000 crore at a coupon rate of 7.81% through its first Basel III compliant Tier 2
Bond for the current financial year – FY 2023-34.They have a tenor of 15 years, with the first
call option available after 10 years.SBI's Tier 2 Bond issuance received an overwhelming
response from investors.It attracted bids worth ₹15,907 crore, which is nearly 4 times the
base issue size of ₹4,000 croreThere were a total of 98 bids for the bondIt is to be known
that this is the first Tier 2 Bond issuance by the Bank in the current financial year

How many months' notice should DCCBs give to all current branch
customers and depositors before closing a branch?
(a) 5
(b) 4
(c) 2
(d) 1

How many months' notice should DCCBs give to all current branch customers and
depositors before closing a branch?
(a) 5
(b) 4
(c) 2
(d) 1
Reserve Bank of India (RBI) has granted permission to District Central Cooperative Banks
(DCCBs) to close unprofitable branches without the need for prior approval from the central
bank.However, DCCBs must obtain approval from the Registrar of Cooperative Societies of the
concerned state before closing branches.The circular issued by the RBI stipulates that the
decision to close branches should be made by the board of the DCCB. This decision should
take into account all relevant factors.DCCBs planning to close a branch should provide a two-
month notice to all existing depositors and customers of the branch. This notice should be
issued through a press release in local leading newspapers.

Use code : SHEETAL
As per a special analysis released by the ERD of the State Bank of India,
ONGC is the only Maharatna company that ranks among the top ten profit-
making companies in India for the fiscal year 2022–2023. How many
Maharatna CPSE firms are there in total?
(a) 10
(b) 11
(c) 13
(d) 15

As per a special analysis released by the ERD of the State Bank of India, ONGC is the only
Maharatna company that ranks among the top ten profit-making companies in India for
the fiscal year 2022–2023. How many Maharatna CPSE firms are there in total?
(a) 10
(b) 11
(c) 13
(d) 15
State Bank of India (SBI) and Life Insurance Corporation (LIC) are two public sector financial
institutions that have made it to the list of the top 10 most profitable companies.Notably, SBI
and LIC are not part of the list of Maharatna companies, even though they have a strong
presence in the top profit-making companies.Among the 13 Maharatna Central Public Sector
Enterprises (CPSEs), ONGC is identified as the one that is sufficiently similar to SBI and LIC in
terms of profitability and financial performanceThe report suggests that SBI, LIC, and ONGC
could be distinguished as "Amrit Ratna" to recognize their significant contributions to nation-
building during the Amrit Kaal

In which edition of Reserve Bank of India (RBI) has the announcement of the
outcomes of its 2023 Global Hackathon—a emphasis on creative FinTech
solutions—been made?
(a) First
(b) Second
(c) Third
(d) Fourth

In which edition of Reserve Bank of India (RBI) has the announcement of the outcomes of
its 2023 Global Hackathon—a emphasis on creative FinTech solutions—been made?
(a) First
(b) Second
(c) Third
(d) Fourth
Reserve Bank of India (RBI) has announced the results of its Global Hackathon 2023, which
focused on innovative FinTech solutions. The hackathon aimed to address various challenges,
from inclusive digital services to compliance and CBDC (Central Bank Digital Currency)
transactions.The second edition of RBI's global hackathon, named "HARBINGER 2023 – Innovation
for Transformation," had the theme of 'Inclusive Digital Services.'This theme emphasized creating
financial services that are accessible and beneficial to a wide range of users.The hackathon
received a significant response, with 154 proposals submitted by teams from both within India
and 28 participating teams/entities

Which bank has launched the Electronic Bank Guarantee (E-BG) services
available in order to help with trade finance digitization?
(a) Indian Bank
(b) Axis Bank
(c) HSBC
(d) HDFC

Which bank has launched the Electronic Bank Guarantee (E-BG) services available
in order to help with trade finance digitization?
(a) Indian Bank
(b) Axis Bank
(c) HSBC
(d) HDFC
HSBCintroduced Electronic Bank Guarantee (E-BG) services to facilitate digitization of

trade finance. HSBC is the first foreign bank in the country to offer this facility which is
made possible through a collaboration with National E-Governance Services Limited
(NeSL), a digital solutions provider.The E-BG platform simplifies and expedites the
guarantee issuance process by introducing electronic stamping (E-
stamping) and electronic signing (E-signing), effectively eliminating the need for paper
documentation.

India's First IFSCA Digital Escrow Authorization is attained by

EscrowPay. Where is Escrow Pay's headquarters located?
(a) Gurugram
(b) Delhi
(c) Mumbai
(d) Bengaluru

India's First IFSCA Digital Escrow Authorization is attained by EscrowPay. Where is

Escrow Pay's headquarters located?
(a) Gurugram
(b) Delhi
(c) Mumbai
(d) Bengaluru
EscrowPay headquartered at Gurugram, Haryana. It is a digital escrow platform, has

received the first digital escrow regulatory fintech authorization from the International
Financial Services Centres Authority (IFSCA) in Gujarat International Finance Tec-City (Gift
City), Gandhinagar, Gujarat marking a major milestone in its commitment to compliance
and innovation in digital payments.The digital escrow regulatory authorisation is a
testament to Escrowpay's dedication to providing secure and efficient financial solutions
to 70 million Small & Medium Enterprises (SMEs) in India.

India has successfully sold its first 50-year Government Security (G-
Sec). What will be the maturity year of the ₹10,000 crore announced
amount for the 50-year G-Sec?
(a) 2047
(b) 2030
(c) 2053
(d) 2073

India has successfully sold its first 50-year Government Security (G-Sec). What will be the
maturity year of the ₹10,000 crore announced amount for the 50-year G-Sec?
(a) 2047
(b) 2030
(c) 2053
(d) 2073
India’s first 50-year Government Security (G-Sec) fully sold. RBI accepted 54 bids worth ₹9,988
cr at the cut-off yield of 7.46%.Before this auction, the longest available government bond was of
40-year duration.The notified amount for the 50-year G-Sec (maturing in 2073) was ₹10,000
crore.The investors placed 216 competitive bids aggregating Rs 40,200 crore at the auction.The
central government has planned to borrow Rs 6.6 trillion in the second half (H2) of the current
financial year.This forms 42% of a total Rs 15.43 trillion planned for the current financial year.
The notified amount for the 50-year G-Sec (maturing in 2073) was ₹10,000 crore.The investors
placed 216 competitive bids aggregating Rs 40,200 crore at the auctionFrance was first G7 country
to issue 50-year bonds in 2005. China issued 50-year bonds in 2009.Government plans to issue
50-year bonds worth ₹30,000 crore between October 2023 and February 2024.

According to reports, Swedish defense company Saab is the first

foreign firm to receive 100% FDI in defense projects in India that are
worth under how many crores?
(a) Rs.200crores
(b) Rs.300crores
(c) Rs.400crores
(d) Rs.500crores

According to reports, Swedish defense company Saab is the first foreign firm to receive
100% FDI in defense projects in India that are worth under how many crores?
(a) Rs.200crores
(b) Rs.300crores
(c) Rs.400crores
(d) Rs.500crores
Swedish defence company Saab’s has reportedly become the first foreign company that has
bagged 100% FDI in India's defence projects.Sweden's Saab will set up a new facility in the
country that will manufacture shoulder-fired rockets.The FDI proposal, valued under Rs 500
crore, was cleared in October, 2023.Currently, India allows only 74% FDI in the defence sector
under the automatic route. Beyond that, clearance can be obtained on a case-by-case basis. The
relaxation of FDI rules in 2015 had not led to any foreign firm securing permission for 100% FDI
in defense.

With effect from November 6 to November 20, the government

authorizes SBI to issue and cash electoral bonds through how many
authorized branches?
(a) 21
(b) 23
(c) 25
(d) 29

With effect from November 6 to November 20, the government authorizes SBI
to issue and cash electoral bonds through how many authorized branches?
(a) 21
(b) 23
(c) 25
(d) 29
Government of India has authorised the State Bank of India SBI, in the 29th Phase
of sale, to issue and encash Electoral Bonds through its 29 Authorised Branches
with effect from 6th to 20th of this month.The Electoral Bonds shall be valid for 15
calendar days from the date of issue and no payment shall be made to any payee
Political Party if the Electoral Bond is deposited after expiry of the validity period.
The Electoral Bond deposited by an eligible Political Party in its account shall be
credited on the same day.

What percentage of the Budget Estimate (BE) was exceeded by the

fiscal deficit in the first half of the current fiscal year, which runs
from April to September?
(a) 37%
(b) 35%
(c) 39%
(d) 38%

What percentage of the Budget Estimate (BE) was exceeded by the fiscal deficit
in the first half of the current fiscal year, which runs from April to September?
(a) 37%
(b) 35%
(c) 39%
(d) 38%
Fiscal deficit in first half (April–September period) of current fiscal year reached over
39% of Budget Estimate (BE). Fiscal deficit for April–September period of FY24 was
higher than 37% for the corresponding period of the last fiscal.Railways, fertiliser, and
road ministries led the government spending during first half of the current fiscal as
per the Controller General of Accounts (CGA) data released on 31 October 2023.

In October, GST receipts reached ₹1.72 lakh crores.How much

percentage of GST is collected in October 2023 more than in
October 2022?
(a) 12%
(b) 11%
(c) 13%
(d) 15%

In October, GST receipts reached ₹1.72 lakh crores.How much percentage of

GST is collected in October 2023 more than in October 2022?
(a) 12%
(b) 11%
(c) 13%
(d) 15%
GST collections increased to ₹1.72 lakh corers in OctoberThis is the second-highest-

ever level, next only to April 2023.GST collection for October is 13%
higher compared to a year ago.In October 2022, the collection stood at Rs 1.52 lakh
crore.The highest-ever Goods and Services Tax (GST) revenue was recorded in April
2023 at Rs 1.87 lakh crore. The average gross monthly collection of GST in the FY24
is Rs 1.66 lakh crore

Which Bank has increased its ownership position in J.C. Flowers Asset
Reconstruction (JC Flowers ARC) to 9.9% by acquiring new shares?
(a) Axis
(b) HDFC
(c) YES
(d) IDBI

Which Bank has increased its ownership position in J.C. Flowers Asset Reconstruction (JC
Flowers ARC) to 9.9% by acquiring new shares?
(a) Axis
(b) HDFC
(c) YES
(d) IDBI
YES Bank has acquired additional shares in J.C. Flowers Asset Reconstruction (JC Flowers ARC) to
reinstate its stake to 9.9% in the company.The bank acquired 24,643,558 equity shares of JC Flowers
ARC at Rs 29.68 per equity share, having face value of Rs 10 at a premium of Rs 19.68 per unit for an
amount aggregating to Rs 731,420,804.On November 28, 2022, the bank had acquired 9.9% of the
equity share capital of JC Flower ARC, which fell to 5.01% as a result of certain corporate actions in JC
Flowers ARC.YES Bank reported a 47.4% year-on-year (YoY) growth in net profit for the quarter ended
September to Rs 225 crore.

The Reserve Bank of India (RBI) imposed a fine on PNB and Federal
Bank, as well as two other entities. How much has the RBI
imposed on PNB?
(a) Rs. 73lakhs
(b) Rs. 70lakhs
(c) Rs. 75lakhs
(d) Rs. 72lakhs

The Reserve Bank of India (RBI) imposed a fine on PNB and Federal Bank, as well as
two other entities. How much has the RBI imposed on PNB?
(a) Rs. 73lakhs
(b) Rs. 70lakhs
(c) Rs. 75lakhs
(d) Rs. 72lakhs
Punjab National Bank: Rs 72 lakh penalty for non-compliance related to 'interest rate on
advances' and 'customer service in banks.'Federal Bank: Rs 30 lakh penalty for
contravention of certain provisions of Know Your Customer (KYC) norms.Mercedes-Benz
Financial Services India Private Ltd: Rs 10 lakh penalty for non-compliance with KYC
provisions.Kosamattam Finance Ltd: Rs 13.38 lakh penalty for non-compliance with
provisions of 'Non-Banking Financial Company - Systemically Important Non-Deposit
taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

RBI's gold reserves, which are part of the central bank's foreign
exchange reserves, are now close to 800 tonnes. When has the RBI
initiated to purchase gold?
(a) 2014
(b) 2018
(c) 2016
(d) 2017

RBI's gold reserves, which are part of the central bank's foreign exchange reserves, are
now close to 800 tonnes. When has the RBI initiated to purchase gold?
(a) 2014
(b) 2018
(c) 2016
(d) 2017
Reserve Bank of India’s (RBI) gold holdings, part of its foreign exchange reserves, have
reached nearly 800 tonnes level.The milestone of 800 tonnes of gold holdings is significant as
the first tranche of Sovereign Gold Bonds (SGBs) issued in 2015 is due for redemption in
November. The RBI initiated the purchase of gold in 2018. Prior to that, it had acquired 200
tonnes of gold in 2009 during the global financial crisis. Since 2018, the RBI has added
approximately 242 tonnes of gold to its reserves.As of August of the current year, the RBI has
added 12.2 tonnes of gold to its reserves & this demonstrates a continued accumulation of
gold.

State Bank of India (SBI) played a key role in the successful extension of a
how much billion dollars Line of Credit to Sri Lanka by the Government of
India?
(a) $2billion
(b) $1billion
(c) $3billion
(d) $4billion

State Bank of India (SBI) played a key role in the successful extension of a how much
billion dollars Line of Credit to Sri Lanka by the Government of India?
(a) $2billion
(b) $1billion
(c) $3billion
(d) $4billion
Finance Minister Smt Nirmala Sitharaman inaugurated a branch of the State Bank of India
(SBI) in Trincomalee, Sri Lanka.The occasion was graced by the Governor of the Eastern
Province of Sri Lanka Senthil Thondaman, High Commissioner of India to Sri Lanka Gopal Baglay,
and SBI Chairman Dinesh Khara.Finance Minister Nirmala Sitharaman appreciated the
commitment of the State Bank of India to its growth, both domestically and internationally. This
is particularly significant in the context of the economic crisis in Sri LankaIt was noted that the
efforts of the State Bank of India played a crucial role in facilitating the smooth extension of a $1
billion Line of Credit from the Government of India to Sri Lanka

Use code : SHEETAL
The non-banking financial corporation (NBFC) did not carry out the risk classification
of its borrowers and did not rectify the deficiency in the LTV ratio of how much
percent for loans against collateral of shares within 7 working days?
(a) 25%
(b) 20%
(c) 50%
(d) 75%

The non-banking financial corporation (NBFC) did not carry out the risk classification of
its borrowers and did not rectify the deficiency in the LTV ratio of how much percent
for loans against collateral of shares within 7 working days?
(a) 25%
(b) 20%
(c) 50%
(d) 75%
The Reserve Bank has imposed monetary penalties on three co-operative banks and
one NBFC for deficiencies in regulatory compliance. These co-operative banks are:
Annasaheb Magar Sahakari Bank Ltd, The Jawhar Urban Co-operative Bank Ltd, Janata
Urban Co-operative Bank Ltd and Finquest Financial Solutions Private Ltd. The NBFC
had not conducted the risk categorization of its borrowers, and had not make good the
shortfall in LTV ratio of 50% for loans granted against collateral of shares within 7
working days. It had also not report data to all CICs as per the extant guidelines.

The Reserve Bank of India (RBI) has imposed Penalties on Union bank, RBL bank and
Bajaj finance for non-compliance of guidelines. How much is the penalty for Union
Bank?
(a) Rs.1 crore
(b) Rs.2 crore
(c) Rs.3 crore
(d) Rs.4 crore

The Reserve Bank of India (RBI) has imposed Penalties on Union bank, RBL bank and Bajaj
finance for non-compliance of guidelines. How much is the penalty for Union Bank?
(a) Rs.1 crore
(b) Rs.2 crore
(c) Rs.3 crore
(d) Rs.4 crore
The Reserve Bank of India (RBI) has imposed penalties on Union Bank of India (UBI), RBL Bank
(formerly known as Ratnakar Bank), and Bajaj Finance Limited for non-compliance with
regulatory norms.Union Bank of India has been fined Rs 1 Crore for non-compliance with
directions related to 'Loans and Advances – Statutory and Other Restrictions.'The penalty on
Union Bank of India is due to identified deficiencies in regulatory compliance. It does not
determine the validity of any specific transactions or agreements with the bank's
customers.The RBI has imposed these penalties using the powers vested in it under Section
47 A (1) (c) in conjunction with Sections 46 (4) (i) and 51(1) of the Banking Regulation Act,
1949.

Which bank offers 'iFinance', which gives you a single view of savings and current
accounts from different banks?
(a) ICICI
(b) RBL
(c) HDFC
(d) IDFC First

Which bank offers 'iFinance', which gives you a single view of savings and current
accounts from different banks?
(a) ICICI
(b) RBL
(c) HDFC
(d) IDFC First
ICICI Bank has introduced 'iFinance,' a service that allows millions of customers,
including retail customers and sole proprietors, to access a consolidated view of their
savings and current accounts in one place.This facility is not limited to ICICI Bank
customers; even customers of other banks can benefit from 'iFinance.' ICICI Bank
leverages the Account Aggregator ecosystem to provide this service through its digital
platforms, including the iMobile Pay app, Retail Internet Banking (RIB), Corporate
Internet Banking (CIB), and InstaBIZ, the Bank's mobile app for businesses.

Which organization works with the Indian Post Payments Bank to support rural and
unofficial micro businesses?
(a) SEBI
(b) SIDBI
(c) IRDAI
(d) NABARD

Which organization works with the Indian Post Payments Bank to support rural and
unofficial micro businesses?
(a) SEBI
(b) SIDBI
(c) IRDAI
(d) NABARD
Indian Post Payments Bank (IPPB), a division of the Indian Post, under the ownership of
the Department of Post and Small Industries Development Bank of India (SIDBI), the
principal financial institution for the promotion of Micro, Small and Medium
Enterprises (MSMEs have tied up to accelerate formal financial services in rural India
and among smaller companies.The agreement is to leverage India Post’s deep
connection with rural India and SIDBI’s lending and credit risk assessment models that
could help millions get formal credit.

Which bank has signed MoU with Institute of Rural Management Anand (IRMA)
to promote financial inclusion and literacy in India?
भारत म& 'व)ीय समावेशन और सा1रता को बढ़ावा दे ने के 7लए :कस ब;क ने इं>ट@Aयट
ू ऑफ Eरल मैनेजम& ट
आनंद (आईआरएमए) के साथ समझौता Oापन पर ह>ता1र :कए ह;?
(a) South Indian Bank / साउथ इं)डयन ब.क
(b) Axis Bank / एि2सस ब.क
(c) Yes Bank / यस ब.क
(d) HDFC Bank / एचडीएफसी ब.क

Which bank has signed MoU with Institute of Rural Management Anand (IRMA)
to promote financial inclusion and literacy in India?
भारत म& 'व)ीय समावेशन और सा1रता को बढ़ावा दे ने के 7लए :कस ब;क ने इं>ट@Aयट
ू ऑफ Eरल मैनेजम& ट
आनंद (आईआरएमए) के साथ समझौता Oापन पर ह>ता1र :कए ह;?
(b) Axis Bank / एिTसस ब;क
Axis Bank has signed a Memorandum of Understanding (MoU) with the Institute of Rural
Management Anand (IRMA) to establish the Axis Bank Chair for Financial Inclusion at
IRMA.
Constituted for a period of 5 years, the Chair will primarily focus on research, deepening
industry-academia collaboration, driving thought leadership and policy advocacy.
•Kotak Bank partnered with NeSL to issue electronic Bank Guarantee
•IndusInd Bank partnered with Viamericas to enhance Fast Remit platform
•Karnataka Bank launches “Doorstep Gold loan facility” with SahiBandhu

Moody’s Investors Service retained India’s economic growth forecast for 2023 at
____.
मडू ीज इWवे>टसX स'वXस ने 2023 के 7लए भारत क\ आ]थXक व_
ृ ]ध का अनम
ु ान ____ deतशत पर बरकरार रखा।
(a) 6.2
(b) 6.3
(c) 6.4
(d) 6.7

Moody’s Investors Service retained India’s economic growth forecast for 2023 at
____.
मडू ीज इWवे>टसX स'वXस ने 2023 के 7लए भारत क\ आ]थXक व_
ु ान ____ deतशत पर बरकरार रखा।
(a) 6.2
(b) 6.3
(c) 6.4
(d) 6.7
Moody’s Investors Service retained India’s economic growth forecast for 2023 at 6.7 percent
and said strong domestic demand will likely sustain the growth in the near term.
With exports remaining weak against an unfavourable global economic backdrop, Moody’s in
its Global Macroeconomic Outlook 2024-25 said sustained domestic demand growth is
propelling India’s economy.
Moody’s expects India’s real GDP to grow about 6.7 percent in 2023, 6.1 percent in 2024 and
6.3 percent in 2025.

Which bank is introducing digital rupee transactions in Delhi NCR in collaboration with
Indraprastha Gas Limited (IGL)?
(a) ICICI bank
(b) HDFC bank
(c) Axis bank
(d) IndusInd bank

Which bank is introducing digital rupee transactions in Delhi NCR in collaboration with Indraprastha Gas
Limited (IGL)?
(a) ICICI bank
(b) HDFC bank
(c) Axis bank
(d) IndusInd bank
• IndusInd Bank has partnered with Indraprastha Gas Limited (IGL) to introduce digital rupee transactions
in Delhi NCR.
• The collaboration enables customers at selected IGL stations to make payments using the Digital Rupee,
the Central Bank Digital Currency (CBDC) launched by the Reserve Bank of India (RBI) in 2022.
Indraprastha Gas Limited (IGL) is an Indian natural gas distribution company that supplies natural gas as
cooking and vehicular fuel.
• It is a joint venture between GAIL, Bharat Petroleum, and the Government of Delhi.

How much of the initial fund of Sorin Investments will be boosted by the new investments
from SIDBI and NSIC, bringing its total value to?
(a) Rs.1200crores
(b) Rs.1300crores
(c) Rs.1500crores
(d) Rs.1400crores

How much of the initial fund of Sorin Investments will be boosted by the new investments from SIDBI and
NSIC, bringing its total value to?
(a) Rs.1200crores
(b) Rs.1300crores
(c) Rs.1500crores
(d) Rs.1400crores
• Small Industries Development Bank of India (SIDBI) and the National Small Industries Corporation (NSIC)
will support Sorin Investments, the startup fund led by Sanjay Nayar, signalling confidence in the
experienced banker and deal maker.
• Investment Amount and Source : SIDBI and the ₹10,000-crore Self Reliant India (SRI) Fund, a part of NSIC
Venture Capital Fund (NVCFL), will collectively invest around ₹300 crore into Sorin Investments.
The fresh investments from SIDBI and NSIC will contribute to Sorin Investments' maiden fund, helping it
reach a total size of ₹1,300 crore

In FY23, State Bank of India's Interest in Jio Payments Bank Drops to 23%. While the percentage drops below
25%, SBI will also lose the ability to veto special decisions at its joint venture (JV), which is how many years
old?
(a) 5years
(b) 4years
(c) 7years
(d) 6years

In FY23, State Bank of India's Interest in Jio Payments Bank Drops to 23%. While the percentage drops below 25%, SBI
will also lose the ability to veto special decisions at its joint venture (JV), which is how many years old?
(a) 5years
(b) 4years
(c) 7years
(d) 6years
• State Bank of India’s (SBI) shareholding in Jio Payments Bank fell to 23% in FY23 from the 30% that it has maintained
since inception, indicating its disinterest in the payments bank business model.
• The fall below 25% also means SBI will no longer be able to block special resolutions at its 7-year-old joint venture
(JV).
• SBI abstained from participating in two Jio Payments Bank rights issues.
• Meanwhile, Reliance Industries (RIL), SBI's JV partner, acquired 10 million shares on November 29 and 70 million
shares on January 23.

A high-level group was formed by IRDAI with the goal of recommending

actions to increase banks' participation in providing easier access to
insurance products throughout India. Who is the chairman of the panel?
(a) J Meena
(b) K Kumari
(c) D Meena
(d) S Kumari

A high-level group was formed by IRDAI with the goal of recommending actions to
increase banks' participation in providing easier access to insurance products
throughout India. Who is the chairman of the panel?
(a) J Meena
(b) K Kumari
(c) D Meena
(d) S Kumari
Banks currently engage in the distribution of insurance products as corporate agents or as

master policyholders, adhering to regulatory guidelines.The task force is headed by J
Meena Kumari, Executive Director (Life), IRDAI. The panel also has representations from
banks and insurance companies. The panel has been asked to suggest regulatory
stipulations on the market conduct requirements of bancassurance partners, especially in
view of mis-selling/forced selling complaints in the distribution model.

When the sum exceeds how many lakh rupees, will District
Election Officers (DEOs) forward the information to the Income
Tax Department so that appropriate action can be taken?
(a) Rs.5lakh
(b) Rs.15lakh
(c) Rs.25lakh
(d) Rs.10lakh

When the sum exceeds how many lakh rupees, will District Election Officers (DEOs) forward the
information to the Income Tax Department so that appropriate action can be taken?
(a) Rs.5lakh
(b) Rs.15lakh
(c) Rs.25lakh
(d) Rs.10lakh
Election Commission of India (ECI) has launched Integrated Expenditure Monitoring Software (IEMS), a
new tech-enabled portal to facilitate online filing of Contribution Reports, Election Expenditure
Statements, and Audited Annual Accounts by political parties.District Election Officers (DEOs) will collect
unusual and suspicious cash withdrawals or deposits of cash exceeding one Lakh rupees from banks
for verification followed by necessary action.If the amount is more than 10 Lakh rupees, then DEOs will
pass on such information to the Income Tax Department for necessary actionAccording to the ECI, the
Investigation Directorate of the Income Tax Department will activate Air Intelligence Units at the
airports to gather intelligence.

Out of total applications for imports of laptops and other IT

hardware products valued at approximately USD 10 billion, how
many get cleared by the government?
(a) 110
(b) 111
(c) 105
(d) 100

Out of total applications for imports of laptops and other IT hardware products
valued at approximately USD 10 billion, how many get cleared by the government?
(a) 110
(b) 111
(c) 105
(d) 100
The government has cleared 110 of the total 111 applications, including those of Apple,
Dell and Lenovo, that sought permission for imports of IT hardware products like laptops
and computers on the first day of implementation of the new system.Other companies
that received import approvals include HP India Sales Pvt Ltd, ASUS India, IBM India,
Samsung India Electronics, Xiaomi Technology India, Cisco Commerce India, Microsoft
Corporation (India), Siemens Ltd, Bosch Ltd, Redington Ltd, Ingram Micro India, and
Oracle India.

In how many regional languages will the NPCI begin offering voice
commands for UPI transactions in April 2024?
(a) 10
(b) 9
(c) 11
(d) 13

In how many regional languages will the NPCI begin offering voice commands for UPI
transactions in April 2024?
(a) 10
(b) 9
(c) 11
(d) 13
Hello! UPI' feature enables users to perform various UPI functions using voice commands, including
user onboarding, balance inquiry, financial transactions, complaint resolution, and more.Reserve
Bank of India (RBI) governor Shaktikanta Das had previously announced the launch of several new
products, including 'Hello! UPI,' by the NPCI during the Global Fintech Festival in September.With the
'Hello! UPI' feature, users can initiate transactions by giving voice commands. Initially, this voice
command service will be available in English and Hindi.Over time, users will have the option to use
voice commands in 11 regional languages.

Tier 2 bonds with a 7.8% yield rate are used by SBI to raise ₹10,000 crore.The first
call option is available after how many years, with a 15-year tenor?
(a) 5
(b) 10
(c) 8
(d) 12

Tier 2 bonds with a 7.8% yield rate are used by SBI to raise ₹10,000 crore.The first call
option is available after how many years, with a 15-year tenor?
(a) 5
(b) 10
(c) 8
(d) 12
India's largest public sector lender State Bank of India (SBI) announced that it
has raised ₹10,000 crore at a coupon rate of 7.81% through its first Basel III compliant Tier 2
Bond for the current financial year – FY 2023-34.They have a tenor of 15 years, with the first
call option available after 10 years.SBI's Tier 2 Bond issuance received an overwhelming
response from investors.It attracted bids worth ₹15,907 crore, which is nearly 4 times the
base issue size of ₹4,000 croreThere were a total of 98 bids for the bondIt is to be known
that this is the first Tier 2 Bond issuance by the Bank in the current financial year

How many months' notice should DCCBs give to all current branch
customers and depositors before closing a branch?
(a) 5
(b) 4
(c) 2
(d) 1

How many months' notice should DCCBs give to all current branch customers and
depositors before closing a branch?
(a) 5
(b) 4
(c) 2
(d) 1
Reserve Bank of India (RBI) has granted permission to District Central Cooperative Banks
(DCCBs) to close unprofitable branches without the need for prior approval from the central
bank.However, DCCBs must obtain approval from the Registrar of Cooperative Societies of the
concerned state before closing branches.The circular issued by the RBI stipulates that the
decision to close branches should be made by the board of the DCCB. This decision should
take into account all relevant factors.DCCBs planning to close a branch should provide a two-
month notice to all existing depositors and customers of the branch. This notice should be
issued through a press release in local leading newspapers.

Use code : SHEETAL
As per a special analysis released by the ERD of the State Bank of India,
ONGC is the only Maharatna company that ranks among the top ten profit-
making companies in India for the fiscal year 2022–2023. How many
Maharatna CPSE firms are there in total?
(a) 10
(b) 11
(c) 13
(d) 15

As per a special analysis released by the ERD of the State Bank of India, ONGC is the only
Maharatna company that ranks among the top ten profit-making companies in India for
the fiscal year 2022–2023. How many Maharatna CPSE firms are there in total?
(a) 10
(b) 11
(c) 13
(d) 15
State Bank of India (SBI) and Life Insurance Corporation (LIC) are two public sector financial
institutions that have made it to the list of the top 10 most profitable companies.Notably, SBI
and LIC are not part of the list of Maharatna companies, even though they have a strong
presence in the top profit-making companies.Among the 13 Maharatna Central Public Sector
Enterprises (CPSEs), ONGC is identified as the one that is sufficiently similar to SBI and LIC in
terms of profitability and financial performanceThe report suggests that SBI, LIC, and ONGC
could be distinguished as "Amrit Ratna" to recognize their significant contributions to nation-
building during the Amrit Kaal

In which edition of Reserve Bank of India (RBI) has the announcement of the
outcomes of its 2023 Global Hackathon—a emphasis on creative FinTech
solutions—been made?
(a) First
(b) Second
(c) Third
(d) Fourth

In which edition of Reserve Bank of India (RBI) has the announcement of the outcomes of
its 2023 Global Hackathon—a emphasis on creative FinTech solutions—been made?
(a) First
(b) Second
(c) Third
(d) Fourth
Reserve Bank of India (RBI) has announced the results of its Global Hackathon 2023, which
focused on innovative FinTech solutions. The hackathon aimed to address various challenges,
from inclusive digital services to compliance and CBDC (Central Bank Digital Currency)
transactions.The second edition of RBI's global hackathon, named "HARBINGER 2023 – Innovation
for Transformation," had the theme of 'Inclusive Digital Services.'This theme emphasized creating
financial services that are accessible and beneficial to a wide range of users.The hackathon
received a significant response, with 154 proposals submitted by teams from both within India
and 28 participating teams/entities

Which bank has launched the Electronic Bank Guarantee (E-BG) services
available in order to help with trade finance digitization?
(a) Indian Bank
(b) Axis Bank
(c) HSBC
(d) HDFC

Which bank has launched the Electronic Bank Guarantee (E-BG) services available
in order to help with trade finance digitization?
(a) Indian Bank
(b) Axis Bank
(c) HSBC
(d) HDFC
HSBCintroduced Electronic Bank Guarantee (E-BG) services to facilitate digitization of

trade finance. HSBC is the first foreign bank in the country to offer this facility which is
made possible through a collaboration with National E-Governance Services Limited
(NeSL), a digital solutions provider.The E-BG platform simplifies and expedites the
guarantee issuance process by introducing electronic stamping (E-
stamping) and electronic signing (E-signing), effectively eliminating the need for paper
documentation.

India's First IFSCA Digital Escrow Authorization is attained by

EscrowPay. Where is Escrow Pay's headquarters located?
(a) Gurugram
(b) Delhi
(c) Mumbai
(d) Bengaluru

India's First IFSCA Digital Escrow Authorization is attained by EscrowPay. Where is

Escrow Pay's headquarters located?
(a) Gurugram
(b) Delhi
(c) Mumbai
(d) Bengaluru
EscrowPay headquartered at Gurugram, Haryana. It is a digital escrow platform, has

received the first digital escrow regulatory fintech authorization from the International
Financial Services Centres Authority (IFSCA) in Gujarat International Finance Tec-City (Gift
City), Gandhinagar, Gujarat marking a major milestone in its commitment to compliance
and innovation in digital payments.The digital escrow regulatory authorisation is a
testament to Escrowpay's dedication to providing secure and efficient financial solutions
to 70 million Small & Medium Enterprises (SMEs) in India.

India has successfully sold its first 50-year Government Security (G-
Sec). What will be the maturity year of the ₹10,000 crore announced
amount for the 50-year G-Sec?
(a) 2047
(b) 2030
(c) 2053
(d) 2073

India has successfully sold its first 50-year Government Security (G-Sec). What will be the
maturity year of the ₹10,000 crore announced amount for the 50-year G-Sec?
(a) 2047
(b) 2030
(c) 2053
(d) 2073
India’s first 50-year Government Security (G-Sec) fully sold. RBI accepted 54 bids worth ₹9,988
cr at the cut-off yield of 7.46%.Before this auction, the longest available government bond was of
40-year duration.The notified amount for the 50-year G-Sec (maturing in 2073) was ₹10,000
crore.The investors placed 216 competitive bids aggregating Rs 40,200 crore at the auction.The
central government has planned to borrow Rs 6.6 trillion in the second half (H2) of the current
financial year.This forms 42% of a total Rs 15.43 trillion planned for the current financial year.
The notified amount for the 50-year G-Sec (maturing in 2073) was ₹10,000 crore.The investors
placed 216 competitive bids aggregating Rs 40,200 crore at the auctionFrance was first G7 country
to issue 50-year bonds in 2005. China issued 50-year bonds in 2009.Government plans to issue
50-year bonds worth ₹30,000 crore between October 2023 and February 2024.

According to reports, Swedish defense company Saab is the first

foreign firm to receive 100% FDI in defense projects in India that are
worth under how many crores?
(a) Rs.200crores
(b) Rs.300crores
(c) Rs.400crores
(d) Rs.500crores

According to reports, Swedish defense company Saab is the first foreign firm to receive
100% FDI in defense projects in India that are worth under how many crores?
(a) Rs.200crores
(b) Rs.300crores
(c) Rs.400crores
(d) Rs.500crores
Swedish defence company Saab’s has reportedly become the first foreign company that has
bagged 100% FDI in India's defence projects.Sweden's Saab will set up a new facility in the
country that will manufacture shoulder-fired rockets.The FDI proposal, valued under Rs 500
crore, was cleared in October, 2023.Currently, India allows only 74% FDI in the defence sector
under the automatic route. Beyond that, clearance can be obtained on a case-by-case basis. The
relaxation of FDI rules in 2015 had not led to any foreign firm securing permission for 100% FDI
in defense.

With effect from November 6 to November 20, the government

authorizes SBI to issue and cash electoral bonds through how many
authorized branches?
(a) 21
(b) 23
(c) 25
(d) 29

With effect from November 6 to November 20, the government authorizes SBI
to issue and cash electoral bonds through how many authorized branches?
(a) 21
(b) 23
(c) 25
(d) 29
Government of India has authorised the State Bank of India SBI, in the 29th Phase
of sale, to issue and encash Electoral Bonds through its 29 Authorised Branches
with effect from 6th to 20th of this month.The Electoral Bonds shall be valid for 15
calendar days from the date of issue and no payment shall be made to any payee
Political Party if the Electoral Bond is deposited after expiry of the validity period.
The Electoral Bond deposited by an eligible Political Party in its account shall be
credited on the same day.

What percentage of the Budget Estimate (BE) was exceeded by the

fiscal deficit in the first half of the current fiscal year, which runs
from April to September?
(a) 37%
(b) 35%
(c) 39%
(d) 38%

What percentage of the Budget Estimate (BE) was exceeded by the fiscal deficit
in the first half of the current fiscal year, which runs from April to September?
(a) 37%
(b) 35%
(c) 39%
(d) 38%
Fiscal deficit in first half (April–September period) of current fiscal year reached over
39% of Budget Estimate (BE). Fiscal deficit for April–September period of FY24 was
higher than 37% for the corresponding period of the last fiscal.Railways, fertiliser, and
road ministries led the government spending during first half of the current fiscal as
per the Controller General of Accounts (CGA) data released on 31 October 2023.

In October, GST receipts reached ₹1.72 lakh crores.How much

percentage of GST is collected in October 2023 more than in
October 2022?
(a) 12%
(b) 11%
(c) 13%
(d) 15%

In October, GST receipts reached ₹1.72 lakh crores.How much percentage of

GST is collected in October 2023 more than in October 2022?
(a) 12%
(b) 11%
(c) 13%
(d) 15%
GST collections increased to ₹1.72 lakh corers in OctoberThis is the second-highest-

ever level, next only to April 2023.GST collection for October is 13%
higher compared to a year ago.In October 2022, the collection stood at Rs 1.52 lakh
crore.The highest-ever Goods and Services Tax (GST) revenue was recorded in April
2023 at Rs 1.87 lakh crore. The average gross monthly collection of GST in the FY24
is Rs 1.66 lakh crore

Which Bank has increased its ownership position in J.C. Flowers Asset
Reconstruction (JC Flowers ARC) to 9.9% by acquiring new shares?
(a) Axis
(b) HDFC
(c) YES
(d) IDBI

Which Bank has increased its ownership position in J.C. Flowers Asset Reconstruction (JC
Flowers ARC) to 9.9% by acquiring new shares?
(a) Axis
(b) HDFC
(c) YES
(d) IDBI
YES Bank has acquired additional shares in J.C. Flowers Asset Reconstruction (JC Flowers ARC) to
reinstate its stake to 9.9% in the company.The bank acquired 24,643,558 equity shares of JC Flowers
ARC at Rs 29.68 per equity share, having face value of Rs 10 at a premium of Rs 19.68 per unit for an
amount aggregating to Rs 731,420,804.On November 28, 2022, the bank had acquired 9.9% of the
equity share capital of JC Flower ARC, which fell to 5.01% as a result of certain corporate actions in JC
Flowers ARC.YES Bank reported a 47.4% year-on-year (YoY) growth in net profit for the quarter ended
September to Rs 225 crore.

The Reserve Bank of India (RBI) imposed a fine on PNB and Federal
Bank, as well as two other entities. How much has the RBI
imposed on PNB?
(a) Rs. 73lakhs
(b) Rs. 70lakhs
(c) Rs. 75lakhs
(d) Rs. 72lakhs

The Reserve Bank of India (RBI) imposed a fine on PNB and Federal Bank, as well as
two other entities. How much has the RBI imposed on PNB?
(a) Rs. 73lakhs
(b) Rs. 70lakhs
(c) Rs. 75lakhs
(d) Rs. 72lakhs
Punjab National Bank: Rs 72 lakh penalty for non-compliance related to 'interest rate on
advances' and 'customer service in banks.'Federal Bank: Rs 30 lakh penalty for
contravention of certain provisions of Know Your Customer (KYC) norms.Mercedes-Benz
Financial Services India Private Ltd: Rs 10 lakh penalty for non-compliance with KYC
provisions.Kosamattam Finance Ltd: Rs 13.38 lakh penalty for non-compliance with
provisions of 'Non-Banking Financial Company - Systemically Important Non-Deposit
taking Company and Deposit taking Company (Reserve Bank) Directions, 2016.

RBI's gold reserves, which are part of the central bank's foreign
exchange reserves, are now close to 800 tonnes. When has the RBI
initiated to purchase gold?
(a) 2014
(b) 2018
(c) 2016
(d) 2017

RBI's gold reserves, which are part of the central bank's foreign exchange reserves, are
now close to 800 tonnes. When has the RBI initiated to purchase gold?
(a) 2014
(b) 2018
(c) 2016
(d) 2017
Reserve Bank of India’s (RBI) gold holdings, part of its foreign exchange reserves, have
reached nearly 800 tonnes level.The milestone of 800 tonnes of gold holdings is significant as
the first tranche of Sovereign Gold Bonds (SGBs) issued in 2015 is due for redemption in
November. The RBI initiated the purchase of gold in 2018. Prior to that, it had acquired 200
tonnes of gold in 2009 during the global financial crisis. Since 2018, the RBI has added
approximately 242 tonnes of gold to its reserves.As of August of the current year, the RBI has
added 12.2 tonnes of gold to its reserves & this demonstrates a continued accumulation of
gold.

State Bank of India (SBI) played a key role in the successful extension of a
how much billion dollars Line of Credit to Sri Lanka by the Government of
India?
(a) $2billion
(b) $1billion
(c) $3billion
(d) $4billion

State Bank of India (SBI) played a key role in the successful extension of a how much
billion dollars Line of Credit to Sri Lanka by the Government of India?
(a) $2billion
(b) $1billion
(c) $3billion
(d) $4billion
Finance Minister Smt Nirmala Sitharaman inaugurated a branch of the State Bank of India
(SBI) in Trincomalee, Sri Lanka.The occasion was graced by the Governor of the Eastern
Province of Sri Lanka Senthil Thondaman, High Commissioner of India to Sri Lanka Gopal Baglay,
and SBI Chairman Dinesh Khara.Finance Minister Nirmala Sitharaman appreciated the
commitment of the State Bank of India to its growth, both domestically and internationally. This
is particularly significant in the context of the economic crisis in Sri LankaIt was noted that the
efforts of the State Bank of India played a crucial role in facilitating the smooth extension of a $1
billion Line of Credit from the Government of India to Sri Lanka

Use code : SHEETAL
How many months does the government extend the tenure of the managing
directors of the Central Bank and the Bank of Maharashtra?
(a) 3
(b) 1
(c) 5
(d) 6

How many months does the government extend the tenure of the managing
directors of the Central Bank and the Bank of Maharashtra?
(a) 3
(b) 1
(c) 5
(d) 6
The government has granted approval for the extension of the tenure of Managing
Directors (MDs) of two public sector banks, the Bank of Maharashtra (BoM) and
the Central Bank of India.The decision to extend the tenure of these MDs was made
by the Appointments Committee of the Cabinet (ACC), which is responsible for such
appointments and extensions in government organisations.The ACC has approved
a 6-month extension for A S Rajeev, who serves as the Managing Director and Chief
Executive Officer (MD and CEO) of Bank of Maharashtra (BoM).

Which Bank and the NIFTEM have inked a declaration of intent to support
entrepreneurship and innovation in the food processing and related industries?
(a) Axis
(b) ICICI
(c) HDFC
(d) YES

Which Bank and the NIFTEM have inked a declaration of intent to support entrepreneurship
and innovation in the food processing and related industries?
(a) Axis
(b) ICICI
(c) HDFC
(d) YES
NIFTEM Kundli will launch a special programme calling innovators and start-ups across the country,
who have novel ideas in food processing technology and related areas, under this initiative.The
selected start-ups will be offered incubation support at NIFTEM wherein HDFC Bank under its
Corporate Social Responsibility (CSR) initiative will provide seed funding grants for launching or
scaling up their enterprise.The program will be executed by NIFTEM Technology Innovation and
Business Incubation Foundation (NTIBIF), a section 8 company technology business incubator (TBI)
established by NIFTEM to foster entrepreneurship in the food processing sector.

The Bank of Maharashtra leads PSU lenders in loan and deposit growth in.
Which bank achieved seventh position in domestic advances?
(a) PNB
(b) SBI
(c) BoM
(d) Indian Bank

The Bank of Maharashtra leads PSU lenders in loan and deposit growth in. Which bank
achieved seventh position in domestic advances?
(a) PNB
(b) SBI
(c) BoM
(d) Indian Bank
The bank recorded remarkable growth, with over 20% increases in both deposits and advances
during this period.This growth rate is the highest among all public sector banks for the July-
September period.The gross domestic advances of Bank of Maharashtra grew to ₹1,83,122
crore by the end of September 2023, with a growth rate of 23.55%.Indian Overseas Bank, Central
Bank of India, and UCO Bank followed Bank of Maharashtra with growth rates of 20.29%,
17.26%, and 16.53%, respectively.India's largest lender, State Bank of India (SBI), achieved the 7th
position in domestic advances with a growth rate of 13.21%, even though it had significantly higher
total loans compared to Bank of Maharashtra.

The First Indian Life Insurance Company to Achieve GIFT City IFSC Registration is
IndiaFirst Life. Under the SEZ Act of which year, the GIFT project has been built
as a special economic zone (SEZ)?
(a) 2000
(b) 2002
(c) 2005
(d) 2007

The First Indian Life Insurance Company to Achieve GIFT City IFSC Registration is IndiaFirst
Life. Under the SEZ Act of which year, the GIFT project has been built as a special economic
zone (SEZ)?
(a) 2000
(b) 2002
(c) 2005
(d) 2007
IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), one of the fastest growing private life insurers
of the country, became the first Indian life insurance company to get the Gujarat International
Finance Tec (GIFT) City’s International Financial Services Centre (IFSC) Registration.The GIFT project
has been developed as a special economic zone (SEZ) under the SEZ Act, 2005.GIFT International
Finance Services Centre (GIFT City) is located in the Indian state of Gujarat, which was set up to
promote international financial services. It is a joint venture (J&V) between the Government of
Gujarat and Infrastructure Leasing & Financial Services (IL&FS), a leading infrastructure development
and finance company in India.

Since April 2020, Korean corporations have spent over 5.6 billion dollars, and
by which year is this forecast to reach 50 billion dollars?
(a) 2024
(b) 2025
(c) 2028
(d) 2030

Since April 2020, Korean corporations have spent over 5.6 billion dollars, and by which year
is this forecast to reach 50 billion dollars?
(a) 2024
(b) 2025
(c) 2028
(d) 2030
6th India-Korea Business Partnership Forum started in New Delhi, celebrating 50 years of
diplomatic ties with South Korea.South Korea has always been a trusted trade partner despite the
geo-political instabilities around the world.
Korean companies have invested more than 5.6 billion dollars since April 2020 and this is expected
to grow to 50 billion dollars by 2030. A number of rules and regulations have been removed for
ease of business and to attract domestic and foreign investors.
The introduction of a one-stop platform and Korea Startup Center will make the nation a key
growth partner of India.

Which digital payment company is notable for being the first in

India to become the largest worldwide user base among internet
companies?
(a) Paytm
(b) Phonepe
(c) Gpay
(d) Amazon pay

Which digital payment company is notable for being the first in India to become the largest
worldwide user base among internet companies?
(a) Paytm
(b) Phonepe
(c) Gpay
(d) Amazon pay
PhonePe, a fintech firm owned by Walmart, achieved a significant milestone with over 500 million
registered users on its platform. This milestone translates to 1 in 3 Indians being users of PhonePe,
marking a substantial presence in the country.PhonePe stands out as the first Indian internet
company to achieve such a large user base on a global scale. The rapid growth leading to 500 million
registered users occurred in just over 7 years since the launch of PhonePe Unified Payments
Interface (UPI) payments in August 2016. In the competitive digital payments space, PhonePe
competes with major players like Google Pay, Paytm, and Amazon Pay.

In response to declining US yields, SBI expands its dollar bond issue to $1 billion
from how much million dollars?
(a) $650million
(b) $550million
(c) $750million
(d) $850million

In response to declining US yields, SBI expands its dollar bond issue to $1 billion from how
much million dollars?
(a) $650million
(b) $550million
(c) $750million
(d) $850million
State Bank of India (SBI) has increased its dollar bond issue size to $1 billion from $750 million, with
plans to secure the funds in the first week of December. SBI is making its second foray into
international markets this financial year, with $750 million underwritten by global banks and an
additional $250 million available through a green shoe option arranged by banks such
as HSBC and JP Morgan. The bonds issued by SBI will be benchmarked against 5-year US Treasury
bonds, likely priced at a spread of approximately 120 basis points above the benchmark, with a
tenor of 5 years. These funds are being raised under SBI's $10-billion medium-term note
programme.

NPCI's Bharat BillPay Enters the Business-to-Business Market in Partnership with

MyJio and Arzooo. Which Bank is the Biller Operating Unit (BOU) for the Biller
Arzooo category that is launching on the MyJio app for the first time?
(a) HDFC
(b) Axis
(c) ICICI
(d) YES

NPCI's Bharat BillPay Enters the Business-to-Business Market in Partnership with
MyJio and Arzooo. Which Bank is the Biller Operating Unit (BOU) for the Biller Arzooo
category that is launching on the MyJio app for the first time?
(a) HDFC
(b) Axis
(c) ICICI
(d) YES
NPCI Bharat BillPay will provide customized B2B services that include features like flexible
invoice presentation, complaint management, and Management Information System (MIS)
capabilities, among others. The category is going live for the first time on the MyJio app for
the Biller Arzooo with Axis Bank as the Biller Operating Unit (BOU). Under the B2B category,
Bharat BillPay will onboard sellers (manufacturers, distributors, etc.) as ‘billers’ and enable
their buyers (retailers, shopkeepers, etc.) to pay for the purchased goods and services
across Bharat BillPay-enabled channels and modes.

What is the total number of crores that REC inks an agreement with RailTel to
finance infrastructure projects related to telecom, IT, and railway signalling?
(a) Rs.20000crore
(b) Rs.40000crore
(c) Rs.30000crore
(d) Rs.50000crore

What is the total number of crores that REC inks an agreement with RailTel to finance
infrastructure projects related to telecom, IT, and railway signalling?
(a) Rs.20000crore
(b) Rs.40000crore
(c) Rs.30000crore
(d) Rs.50000crore
REC Limited signed an MoU with RailTel to extend financial assistance up to Rs. 30,000 Crore for
Infrastructure Projects to be executed by RailTel in the next 5 years. These projects encompass a
wide range of areas, including Data Center products and services, Telecom & IT products and
services, Railways and metro projects, and the KAVACH Train Collision Prevention
System. Additionally, the MoU extends to the possibility of financing overseas ventures related to
High-Speed Rail, metro, IT network, and the Upgradation of Railway Network, as part of bilateral
country discussions and Infrastructure Projects in Southeast Asia and Eastern Africa where RailTel is
currently focusing.

Venkat Nageswar Chalasani, a former deputy managing director of which bank,

has been named as the new chief executive of the industry organization
Association of Mutual Funds in India (AMFI)?
(a) RBI
(b) SBI
(c) HDFC
(d) PNB

Venkat Nageswar Chalasani, a former deputy managing director of which bank, has been
named as the new chief executive of the industry organization Association of Mutual Funds
in India (AMFI)?
(a) RBI
(b) SBI
(c) HDFC
(d) PNB
The industry body Association of Mutual Funds in India (AMFI) has appointed Venkat Nageswar
Chalasani, former deputy managing director of State Bank of India, as its new chief executive. This
announcement followed the end of NS Venkatesh's tenure, who served two consecutive terms of
three years each. The newly appointed CEO will concentrate on fostering growth in the mutual fund
industry and implementing the AMFI 2.0 strategy

The National Bank for Agricultural and Rural Development (NABARD) has named
Govardhan Singh Rawat and Ajay Kumar Sood as Deputy Managing Directors
(DMDs). When was the NABARD Act established?
(a) 1984
(b) 1981
(c) 1983
(d) 1980

The National Bank for Agricultural and Rural Development (NABARD) has named Govardhan
Singh Rawat and Ajay Kumar Sood as Deputy Managing Directors (DMDs). When was the
NABARD Act established?
(a) 1984
(b) 1981
(c) 1983
(d) 1980
NABARD was established on the recommendations ofthe B. Sivaraman Committee (by Act 61, 1981 of
Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development
Act 1981. Rawat’s appointment is for 5 years from taking charge or until further orders, whichever is
earlier, as per a Department of Financial Services (DFS) notification. Sood's appointment is effective
from taking charge until his superannuation on August 31, 2027, or until further orders, according to
the DFS notification. Rawat and Sood held the position of chief general managers in NABARD before
their appointments as DMDs.

In collaboration with SIDBI, Jocata unveils "Sumpoorn," India's First MSME

Economic Activity Index. How many months' worth of sales data (GSTR1) at the
very least are needed to compute the Index for that particular month?
(a) 12
(b) 11
(c) 10
(d) 13

In collaboration with SIDBI, Jocata unveils "Sumpoorn," India's First MSME Economic Activity
Index. How many months' worth of sales data (GSTR1) at the very least are needed to
compute the Index for that particular month?
(a) 12
(b) 11
(c) 10
(d) 13
Index relies on official GSTN returns, not survey data, for its calculations. A minimum of 13
months of sales data (GSTR1) is required to calculate the Index for a particular month and a
minimum of 1,000 MSMEs are considered to release the Index for any month. The current monthly
count of MSMEs is around 2,500, according to the company. It will release the index monthly with
only a four-week reporting cycle. MSME sales performance will be measured on a scale of 0 to 1 in
the index. The 'bin' will represent the state of contraction or expansion of economic activity in the
MSME sector.

The 50% quota expansion approved by the IMF Executive Board will strengthen
resource strength.On which general evaluation of quotas will the board of
governors now conclude by considering and implementing the proposal?
(a) 12th
(b) 11th
(c) 16th
(d) 15th

The 50% quota expansion approved by the IMF Executive Board will strengthen resource
strength.On which general evaluation of quotas will the board of governors now conclude by
considering and implementing the proposal?
(a) 12th
(b) 11th
(c) 16th
(d) 15th
The executive board of the International Monetary Fund (IMF) approved a proposal to make a 50%
increase in the quota allocated to members in proportion to their current quotas. The proposal will
now be considered and made effective by the board of governors as part of concluding the 16th
general review of quotas. The proposal follows the guidance from the International Monetary and
Financial Committee at the 2023 annual meetings. The proposal is centred around an increase in
quotas of 50%, allocated to members in proportion to their current quotas.

The Depository Receipts (DR) are used for listing in the foreign market. They
might be Global Depository Receipts (GDR) or American Depository Receipts
(ADR). Which of the following will be responsible for issuing the DR?
(a) Insurance Companies
(b) Banks
(c) Credit unions
(d) Investment companies

The Depository Receipts (DR) are used for listing in the foreign market. They might be
Global Depository Receipts (GDR) or American Depository Receipts (ADR). Which of the
following will be responsible for issuing the DR?
(a) Insurance Companies
(b) Banks
(c) Credit unions
(d) Investment companies
Currently, domestic listed companies depository receipts — use American Depository

Receipts (ADR) or Global Depository Receipts (GDR) — to list in the overseas market.A depositary
receipt (DR) is a negotiable certificate issued by a bank.It represents shares in a foreign company
traded on a local stock exchange and gives investors the opportunity to hold shares in the equity
of foreign countries.It gives them an alternative to trading on an international market.Between
2008 and 2018, 109 companies raised more than Rs 51,000 crore through the ADRs/GDRs route.

Union Government to prolong the Rebate of State and Central

Levies and Taxes (RoSCTL) Scheme till 2025–2026.Which year did
the Ministry of Textiles announce the RoSCTL scheme?
(a) 2015
(b) 2017
(c) 2019
(d) 2020

Union Government to prolong the Rebate of State and Central Levies and Taxes (RoSCTL)
Scheme till 2025–2026.Which year did the Ministry of Textiles announce the RoSCTL scheme?
(a) 2015
(b) 2017
(c) 2019
(d) 2020
It aims to reimburse all embedded State and Central taxes/levies for exports of manufactured
goods and garments.The RoSCTL scheme was notified by the Ministry of Textiles in 2019.However,
the scheme shall be implemented by the Department of Revenue, Ministry of Finance.This scheme
has been introduced as a replacement for the previous Rebate of State Levies (RoSL) Scheme, which
provided only rebates of state taxes.RoSCTL intends to compensate the State and Central Taxes and
Levies in addition to the Duty Drawback Scheme on the export of apparel/ garments, and made-ups
manufactured in India by way of a rebate.

Which Committee recommended the establishment of the Central Bureau of

Investigation (CBI)?
(a) Shaharya
(b) Santhanam
(c) Malhotra
(d) Khusro

Which Committee recommended the establishment of the Central Bureau of Investigation (CBI)?
(a) Shaharya
(b) Santhanam
(c) Malhotra
(d) Khusro
Pravin Madhukar Pawar, an Indian Police Service (IPS) officer, has been appointed as the Joint Director
of the Central Bureau of Investigation (CBI) for a duration of 5 years from the date of assumption of
charge of the post or until further orders, whichever is earlier.The appointment has been approved by
the Appointments Committee of the Cabinet (ACC). Prior to this appointment, Praveen Sood served as
the director of the Central Bureau of Investigation (CBI) for a two-year term.
The director of CBI is typically appointed for a fixed tenure of 2 years.The appointment is made by a
committee comprising the Prime Minister, the Chief Justice of India (CJI), and the leader of the
opposition in the Lok SabhaCBI is a premier investigating agency in India, responsible for handling
cases of national importance.It was established on April 1, 1963, through a resolution of the Ministry of
Home Affairs.It was established on the recommendation of the Santhanam Committee.

For INR 4,051 crore, Zurich Insurance of Switzerland plans to purchase what
percentage of Kotak General Insurance?
(a) 50%
(b) 51%
(c) 49%
(d) 55%

For INR 4,051 crore, Zurich Insurance of Switzerland plans to purchase what
percentage of Kotak General Insurance?
(a) 50%
(b) 51%
(c) 49%
(d) 55%
Switzerland's Zurich Insurance is set to acquire a 51% stake in Kotak General Insurance
for INR 4,051 crore. Within 3 years from the initial acquisition, Zurich plans to buy an
additional 19% stake in Kotak General Insurance.Zurich’s investment represents
the single largest investment by a global strategic insurer in an Indian non-life
insurer.The acquisition is expected to be completed by June 30, 2024.Zurich will
invest INR 1,609 crore in Kotak General Insurance as fresh growth capital to support the
company's operations and expansion.

In the September 2023 quarter, which country has the highest amount of assets
in equities mutual funds?
(a) Gujarat
(b) Maharashtra
(c) Delhi
(d) Karnataka

In the September 2023 quarter, which country has the highest amount of assets in
equities mutual funds?
(a) Gujarat
(b) Maharashtra
(c) Delhi
(d) Karnataka
According to the study conducted by Geojit Insight, based on Association of Mutual Funds in India
(AMFI) data, Maharashtra accounted for the lion’s share of ₹7.47 lakh crore of the overall industry
equity asset of ₹25.85 lakh crore. Gujarat and Karnataka contribute 8.5% and 7.7%, respectively, to the
overall equity assets, while Delhi's share is at 7.5%. Gujarat and Karnataka have surpassed Delhi to
secure the second and third positions, respectively, in holding the highest equity mutual fund assets
during the September quarter. Gujarat's equity asset increased to ₹2.21 lakh crore, Karnataka's to
₹1.99 lakh crore, while Delhi's equity asset dropped to ₹1.94 lakh crore.

For personal reasons, people can borrow amounts from Rs 25,000 to how many
lakhs under the PNB Digital Gold Loan scheme?
(a) Rs 30 lakhs
(b) Rs 35 lakhs
(c) Rs 20 lakhs
(d) Rs 25 lakhs

For personal reasons, people can borrow amounts from Rs 25,000 to how many
lakhs under the PNB Digital Gold Loan scheme?
(a) Rs 30 lakhs
(b) Rs 35 lakhs
(c) Rs 20 lakhs
(d) Rs 25 lakhs
To provide hassle-free credit to customers to quickly meet their personal as well

as agriculture credit requirements by using gold jewellery and/or ornaments as
collaterals.Two schemes have been introduced : PNB Gold Loan: Targeting the retail
segment. PNB Swarnim: Catering to the agriculture segment. The PNB Digital Gold
Loan scheme allows individuals to borrow amounts ranging from Rs 25,000 to Rs 25
lakh for personal needs. Additionally, the loan is available for supporting agriculture
or allied activities.

Air India and TATA AIG General Insurance Work Together to Enhance
Traveler Experience. How much percentage stake of the insurance
business with AIG is owned by the Tata Group?
(a) 72%
(b) 74%
(c) 75%
(d) 76%

Air India and TATA AIG General Insurance Work Together to Enhance Traveler
Experience. How much percentage stake of the insurance business with AIG is
owned by the Tata Group?
(a) 72%
(b) 74%
(c) 75%
(d) 76%
Tata AIG General Insurance Company Limited is an Indian general insurance

company and a joint venture between the Tata Group and American International
Group (AIG). Tata AIG General Insurance has partnered with Air India to offer travel
insurance to both domestic and international travellers. Tata Group holds a
74% stake in the insurance venture with AIG holding the balance of 26%.

Use code : SHEETAL
Which section of the Reserve Bank of India Act, 1934 has the Reserve Bank of
India (RBI) advised Bajaj Finance Limited to stop approving and disbursing
loans under its "eCOM" and "Insta EMI Card" products?
(a) section 45L(1)(b)
(b) section 45L(1)(a)
(c) section 45L(1)(c)
(d) section 44L(1)(a)

Which section of the Reserve Bank of India Act, 1934 has the Reserve Bank of
India (RBI) advised Bajaj Finance Limited to stop approving and disbursing loans
under its "eCOM" and "Insta EMI Card" products?
(a) section 45L(1)(b)
(b) section 45L(1)(a)
(c) section 45L(1)(c)
(d) section 44L(1)(a)
Reserve Bank of India (RBI), under section 45L(1)(b) of the Reserve Bank of India Act,
1934, has directed Bajaj Finance Limited to cease the sanction and disbursal of loans
under its 'eCOM' and 'Insta EMI Card' products. The directive is effective immediately,
requiring Bajaj Finance to stop the sanction and disbursal of loans under the specified
products. The action is a result of Bajaj Finance's non-compliance with certain norms,
specifically related to the Digital lending guidelines of the RBI.

The IMPS channel has been taken offline by UCO Bank as a precaution. In IMPS,
what is the maximum transfer limit?
(a) Rs.200000
(b) Rs.300000
(c) Rs.250000
(d) Rs.500000

The IMPS channel has been taken offline by UCO Bank as a precaution. In IMPS,
what is the maximum transfer limit?
(a) Rs.200000
(b) Rs.300000
(c) Rs.250000
(d) Rs.500000
The government-owned UCO Bank has suspended online Immediate Payment

System (IMPS) transfers temporarilyIMPS offer an instant,24*7 interbank electronic
fund transfer service capable of processing person-to-person, person to account and
person to merchant remittances via mobile, internet and ATMs.
Max Transfer limit : Rs 25lac
Min Transfer limit : Re 1
Transaction cost : Rs 5- Rs 25. (Taxes included)

RBI buys 9 Tonnes of Gold between July and September of 2023,
Following the Trend of Central Bank Gold Acquisitions. What is the
total amount of gold in tonnes purchased by the RBI so far?
(a) 18.3
(b) 19.3
(c) 17.3
(d) 15.3

RBI buys 9 Tonnes of Gold between July and September of 2023, Following the Trend of Central
Bank Gold Acquisitions. What is the total amount of gold in tonnes purchased by the RBI so
far?
(a) 18.3
(b) 19.3
(c) 17.3
(d) 15.3
Reserve Bank of India (RBI) purchased 9 tonnes of gold in the September quarter, contributing to
the 337 tonnes purchased by global central banks, and underscoring the importance of gold as a
diversifier of its total reserves. As of the end of September, India's official gold reserves
reached 806.7 tonnes, positioning it at the 10th spot globally, according to the World Gold Council
(WGC). In the current year, RBI's gold purchases have totalled 19.3 tonnes. RBI has been augmenting
its gold reserves since 2017, with a cumulative purchase of 248.9 tonnes until the present year.

NBFC-MFIs' (microfinance institutions') Portfolio at Risk (PAR) has progressively

improved, with a change in how many days PAR?
(a) 20
(b) 15
(c) 25
(d) 30

NBFC-MFIs' (microfinance institutions') Portfolio at Risk (PAR) has progressively improved, with
a change in how many days PAR?
(a) 20
(b) 15
(c) 25
(d) 30
Portfolio at Risk (PAR) for NBFC-MFIs (microfinance institutions) has gradually improved post-
pandemic, with over 30-day PAR falling from a peak of 22.44% in June 2021 to 10.5% in March 2023.
MFIs gross NPA fell to 2.7% in FY23 from 5.6% in FY22 and 5.2% in FY21, according to Microfinance
Industry Network (MFIN)’s India Microfinance Review for FY23 titled ‘Micro Matters: Macro View’. The
total microfinance loan portfolio grew 22% y-o-y to ₹3.48 lakh crore as of March 2023 with 12.96 crore
active loans and 6.64 crore borrowers.
Microfinance Institutions Network :
•Founded : 2009
•CEO : Alok Misra

The RBI Data Compilation shows that Madhya Pradesh has the lowest daily wages for
rural agricultural workers. Which state offers the highest hourly wage?
(a) Madhya Pradesh
(b) Uttarakhand
(c) Kerala
(d) Karnataka

The RBI Data Compilation shows that Madhya Pradesh has the lowest daily wages for
rural agricultural workers. Which state offers the highest hourly wage?
(a) Madhya Pradesh
(b) Uttarakhand
(c) Kerala
(d) Karnataka
Kerala pays the highest at Rs 764.3, while Uttar Pradesh and Maharashtra pay Rs 309.3 and Rs
303.5, respectively. The high wages in Kerala attract farm workers from other poorly paid states.
Average wages of farm workers in Jammu and Kashmir, Himachal Pradesh and Tamil Nadu are Rs
550.4, Rs 473.3 and Rs 470 per person, respectively. Wages for Non-Agricultural Workers : As per
RBI data, in case of male non-agricultural workers, the lowest wage was in MP (Rs 246.3).

Which Bank collaborated with the top shuttler in India, H.S. Prannoy?
(a) KVB
(b) Federal bank
(c) Axis bank
(d) HDFC bank

Which Bank collaborated with the top shuttler in India, H.S. Prannoy?
(a) KVB
(b) Federal bank
(c) Axis bank
(d) HDFC bank
Federal Bank collaborated with India's Top Seeded Shuttler, H.S. Prannoy. H.S.
Prannoy is currently world number 8 and a recipient of the men's singles bronze
medal in the recent Asian Games. H.S. Prannoy's bronze medal at the Asian
Games is significant, marking the first time in 41 years since Syed Modi won a
bronze in men's singles at the Asian Games.

How much billion dollars does India want to produce annually by 2026 in order
to become a major player in the global electronics supply chain?
(a) $200 billion
(b) $300 billion
(c) $400 billion
(d) $500 billion

How much billion dollars does India want to produce annually by 2026 in order to become
a major player in the global electronics supply chain?
(a) $200 billion
(b) $300 billion
(c) $400 billion
(d) $500 billion
PLI scheme covers laptops, tablets, all-in-one PCs, Servers and Ultra Small Form Factor devices
Approvals have also been granted to domestic manufacturers including Dixon Technologies and
VVDN. The scheme is key to India's ambitions to become a powerhouse in the global electronics
supply chain, with the country targeting an annual output worth $300 billion by 2026. The PLI
Scheme for IT Hardware, introduced by Prime Minister Narendra Modi and notified on May 29,
2023, with a budgetary outlay of ₹17,000 crores, aims to enhance the IT hardware manufacturing
ecosystem in the country.

IDBI Bank Hires EY to Find Purchasers for Debt Totaling Rs. 4000 Crore. How
many months is the timeline that the bank has set for EY?
(a) 5.5
(b) 4.5
(c) 3.5
(d) 6.5

IDBI Bank Hires EY to Find Purchasers for Debt Totaling Rs. 4000 Crore. How
many months is the timeline that the bank has set for EY?
(a) 5.5
(b) 4.5
(c) 3.5
(d) 6.5
₹4,000 crore distressed debt portfolio under the Stressed Assets Stabilisation Fund
(SASF). The bank has set a timeline of six and a half months for EY to complete the
sale of the distressed debt portfolio. SASF, a special-purpose vehicle, was established
two decades ago following the merger of term-lending institution IDBI Ltd with its
subsidiary IDBI Bank to form a commercial bank.

What percentage of SBI's net profit increased year over year, from
₹13,264.5 crore in Q2FY23 to ₹14,330 crore?
(a) 7%
(b) 8%
(c) 9%
(d) 5%

What percentage of SBI's net profit increased year over year, from
₹13,264.5 crore in Q2FY23 to ₹14,330 crore?
(a) 7%
(b) 8%
(c) 9%
(d) 5%
State Bank of India (SBI) released its July-September quarter results. Net
Profit: SBI recorded an 8% year-on-year increase in net profit, rising from
₹13,264.5 crore in Q2FY23 to ₹14,330 crore Net Interest Income (NII): The bank's
NII witnessed a substantial growth of 12.3% compared to the same period last
year, reaching ₹39,500 crore. Additionally, there was a 21.6% growth in other
sources of income, bringing it to ₹10,790 crore.

Use code : SHEETAL
With 1,783 enterprises, Bengaluru emerges as India's top destination for

women-led startups. How many unicorns led by women exist in India right
now?
(a) 12
(b) 10
(c) 14
(d) 16

With 1,783 enterprises, Bengaluru emerges as India's top destination for women-led
startups. How many unicorns led by women exist in India right now?
(a) 12
(b) 10
(c) 14
(d) 16
According to Tracxn, Zomato, Ofbusiness, Upstox, Lenskart, and Open are among the top 10
women-led startups in India. Bengaluru-based neobank Open, with two women co-founders,
became the 100th unicorn. It is followed by Mumbai and Delhi with 1,480 and 1,195 women-led
startups respectively There are currently 14 women-led unicorns in India. With more than 61,400
startups, India’s startup ecosystem has added more firepower to become the third-largest
hub globally after the US and China.

The Ministry of Commerce will work with online retailers to encourage

district exports. Which year's Foreign Trade Policy, which highlights e-
commerce as a key sector for boosting India's exports, is in line with the
partnership?
(a) 2022
(b) 2021
(c) 2023
(d) 2020

The Ministry of Commerce will work with online retailers to encourage district exports. Which
year's Foreign Trade Policy, which highlights e-commerce as a key sector for boosting India's
exports, is in line with the partnership?
(a) 2022
(b) 2021
(c) 2023
(d) 2020
Amazon and DGFT will co-create capacity-building sessions, training and workshops for MSMEs in
districts identified by the DGFT as part of the District as Exports Hub initiative outlined in the Foreign
Trade Policy 2023, in a phased manner. The collaboration aims to enable exporters/MSMEs to sell their
'Made in India' products to customers internationally. The core objective of this collaboration is to
leverage e-commerce platforms to support local exporters, manufacturers, and MSMEs in reaching
potential international buyers.The partnership aligns with the Foreign Trade Policy 2023, which identifies
e-commerce as a focus area for amplifying India's exports.

In November 2015, the RBI released the first batch of SGB at a price of ₹2,684
per gram. The SGB will have an eight-year term, with the opportunity to
redeem early after how many number of years?
(a) 4years
(b) 3years
(c) 5years
(d) 2years

In November 2015, the RBI released the first batch of SGB at a price of ₹2,684 per gram.
The SGB will have an eight-year term, with the opportunity to redeem early after how
many number of years?
(a) 4years
(b) 3years
(c) 5years
(d) 2years
The tenor of the SGB will be for a period of eight years with an option of premature redemption
after 5thyear. Investors in the inaugural tranche of sovereign gold bonds (SGBs), who have held
onto their investments until maturity, are poised to receive significant returns as gold prices have
more than doubled in the last 8 years. The first tranche of SGB was issued by the RBI
in November 2015 at ₹2,684 per gram. In Oct 2023, the RBI declared a redemption price of ₹6,079
per unit for premature redemption of SGBs, showcasing the significant price appreciation.

Which Bank has partnered with HDFC Life in a strategic business alliance to
provide its clients with life insurance products?
(a) Canara bank
(b) Karnataka bank
(c) ICICI bank
(d) Indian bank

Which Bank has partnered with HDFC Life in a strategic business alliance to
provide its clients with life insurance products?
(a) Canara bank
(b) Karnataka bank
(c) ICICI bank
(d) Indian bank
Karnataka Bank has entered into a strategic corporate tie-up with HDFC Life to
offer life insurance products to its customers. The partnership is a testament to the
stated commitment to offer customers a range of innovative and customer-centric
financial solutions. HDFC Life Insurance Company Limited is a long-term life
insurance provider offering individual and group insurance services.

How many lakh crores of non-performing assets were written off by banks between
FY15 and FY23?
(a) 14.36
(b) 14.45
(c) 14.56
(d) 14.32

How many lakh crores of non-performing assets were written off by banks between
FY15 and FY23?
(a) 14.36
(b) 14.45
(c) 14.56
(d) 14.32
As per the RBI provisional data, ₹14.56lakh crore worth Non-Performing Assets
(NPAs) were written off by Scheduled commercial banks (SCBs) between FY15
and FY23 (9 years). Out of these, nearly half (₹7,40,968 crore/ ₹7.40 lakh
crore) were related to large industries and services. The SCBs have
recovered an aggregate amount of Rs 2,04,668 crore in written-off loans,
including corporate loans, since April 2014 and up to March, 2023.

The Finance Ministry informed Rajya Sabha that scheduled commercial banks
(SCBs) wrote off over ₹10.5-lakh crores in the 5 years ending March 31, 2023.
The Ministry added that the top 10 wilful defaulters owe over ₹43,000 crore to
the banks. SCBs have written off an aggregate amount of ₹10,57,326 crore
during the last 5 financial years. As per RBI guidelines and policy approved
by the bank’s Boards, NPAs (Non-Performing Assets), including those in
respect of which full provisioning has been made on completion of 4 years,
are removed from the balance sheets of the banks concerned by the way of
write-offs.

The RBI's Fintech Department's New Head is P Vasudevan. Which

year did the RBI create a distinct fintech department?
(a) 2020
(b) 2021
(c) 2022
(d) 2018

The RBI's Fintech Department's New Head is P Vasudevan. Which year did the RBI
create a distinct fintech department?
(a) 2020
(b) 2021
(c) 2022
(d) 2018
P Vasudevan was appointed as the new head of the Reserve Bank of India's (RBI) fintech
department earlier this month(November 2023).With this, Vasudevan has become
the second top official of the department since its formation in early 2022.Vasudevan takes
over from the outgoing chief, Ajay Kumar Choudhary, who reportedly retired from the
position.The RBI established a separate fintech department in 2022 to support innovation
and provide momentum to the growing fintech sector in India.

From what percentage of the consumer credit exposure of

commercial banks is subject to a 25% increase in risk weights as
directed by the RBI?
(a) 125%
(b) 100%
(c) 135%
(d) 75%

From what percentage of the consumer credit exposure of commercial banks is

subject to a 25% increase in risk weights as directed by the RBI?
(a) 125%
(b) 100%
(c) 135%
(d) 75%
Reserve Bank of India (RBI) has asked institutions to increase the risk weights with
respect to consumer credit exposure of commercial banks by 25% to 125% from
100% merely a month after flagging the high growth in certain components of
consumer credit and asking NBFCS, banks to strengthen internal surveillance
mechanisms. The 25% risk weight increase applies to personal loans but excludes
certain categories such as housing loans, education loans, vehicle loans, and loans
secured by gold and gold jewellery.

Use code : SHEETAL
Through India International Bullion Exchange IFSC Ltd (IIBX), the RBI permits
qualified jewellers to import silver. How many days would the RBI allow
authorized jewellers importing silver to send payments in advance?
(a) 12
(b) 10
(c) 11
(d) 13

Through India International Bullion Exchange IFSC Ltd (IIBX), the RBI permits qualified
jewellers to import silver. How many days would the RBI allow authorized jewellers
importing silver to send payments in advance?
(a) 12
(b) 10
(c) 11
(d) 13
The Reserve Bank of India (RBI) issued a notification permitting qualified jewellers to import
silver through India International Bullion Exchange IFSC Limited (IIBX) in the same way that gold
imports are permitted. Import banks have been directed by the RBI to permit qualified jewellers
importing silver to remit advance payment for 11 days. This aligns with the existing situation for
gold imports. Qualified Jewellers eligible for importing silver are those as notified by
the International Financial Services Centres Authority (IFSCA).

Federal Bank news release states that the maximum daily cumulative
usage restriction for UPI Lite for how much rupees per day?
(a) Rs.2000
(b) Rs.1000
(c) Rs.4000
(d) Rs.5000

Federal Bank news release states that the maximum daily cumulative usage restriction
for UPI Lite for how much rupees per day?
(a) Rs.2000
(b) Rs.1000
(c) Rs.4000
(d) Rs.5000
Federal Bank has launched the UPI (Unified Payment Interface) Lite functionality for small-
value digital payments The process involves logging in, accepting terms and conditions,
specifying the amount, selecting the linked bank account, and confirming the request with
their UPI PIN. According to the Federal Bank press release, the transaction limits for UPI Lite
are as follows :
•Per transaction limit: up to Rs 500
•Maximum cumulative usage per day: Rs 4,000
•Maximum balance in UPI Lite account at any point in time: Rs 2,000

Pay Glocal has received approval from the Reserve Bank of India
(RBI) to get a payment aggregator license. When was Pay Glocal
founded?
(a) 2020
(b) 2021
(c) 2019
(d) 2015

Pay Glocal has received approval from the Reserve Bank of India (RBI) to get a payment
aggregator license. When was Pay Glocal founded?
(a) 2020
(b) 2021
(c) 2019
(d) 2015
PayGlocal Founded on 2021. It has garnered support from prominent investors,

including PeakXV (formerly known as Sequoia Capital India) and Tiger Global, through successful
capital raising. A Payment Aggregator, also referred to as a merchant aggregator, is a third-party
service provider enabling merchants to accept payments from customers by integrating payment
options into their websites or applications.Payment Aggregators in India are incorporated under
the Companies Act 2013,.

Indian banks outperform their global counterparts in terms of

digital maturity scores, according to a Deloitte report. In total 304
banks across how many different countries were included in the
survey?
(a) 40
(b) 41
(c) 43
(d) 45

Indian banks outperform their global counterparts in terms of digital maturity scores,
according to a Deloitte report. In total 304 banks across how many different countries
were included in the survey?
(a) 40
(b) 41
(c) 43
(d) 45
As per a survey-based report by Deloitte India called "Digital Banking Maturity

(DBM)” In terms of digital maturity score, Indian banks are outperforming their
international counterparts relative to the global average. The report indicates that
Indian banks not only outperform global averages but also have the opportunity for
further growth, positioning them to become "Digital Champions. The survey covered
304 banks in 41 countries, with the top 10 per cent performers recognized as
"Digital Champions

How many months have India's foreign exchange reserves increased

to cover imports on a balance of payments basis as of June 30, 2023?
(a) 9.6
(b) 10.2
(c) 9.8
(d) 10.3

How many months have India's foreign exchange reserves increased to cover imports on a
balance of payments basis as of June 30, 2023?
(a) 9.6
(b) 10.2
(c) 9.8
(d) 10.3
India’s forex reserves cover of imports on balance of payments basis has grown to 10.2 months as at
June-end 2023. India’s forex reserves cover of imports was at 9.6 months at end-March 2023. The
growth in import cover is correlated with the rise in India's forex reserves, which reached $595.051
billion at the end of June 2023 compared to $578.449 billion at the end of March 2023. According to
RBI’s Half Yearly Report on Management of Foreign Exchange Reserves: April - September 2023, RBI’s
gold holding increased to 800.79 tonnes of gold as of end-September 2023.

With a half-yearly profit after taxes of Rs 17,469 crore, LIC declares

its highest-ever profit. What was the percentage change in LIC's
overall premium income?
(a) 10.52%
(b) 10.42%
(c) 10.62%
(d) 10.72%

With a half-yearly profit after taxes of Rs 17,469 crore, LIC declares its highest-
ever profit. What was the percentage change in LIC's overall premium income?
(a) 10.52%
(b) 10.42%
(c) 10.62%
(d) 10.72%
LIC had changed its accounting policy in September 2022 regarding the transfer of
this amount (net of tax). According to the changed policy, it transferred Rs 27,241
crore to the shareholders’ account in FY23. LIC's total premium income experienced a
10.72% year-on-year decline, reaching ₹2.1 lakh crore. The decline was largely driven
by a substantial 30.9% decrease in group premium to ₹70,977 crore. This is its
highest ever half-yearly profit. This was primarily due to the transfer of ₹13,768 crore
from non-participating policyholders' fund to shareholders' account, which related to
accretion on available solvency margin.

Use code : SHEETAL
Kotak Mutual Fund has launched an investor education and awareness program in
partnership with which of the following?
कोटक hयच ू अ
ु ल फंड ने eनhन7लjखत म& से :कसके साथ साझेदार@ म& एक eनवेशक 7श1ा और जागEकता कायXlम शE
ु :क
या है ?
(a) All India Council for Technical Education (AICTE) / अ7खल भारतीय तकनीक= >श@ा पBरषद (एआईसीटHई)
(b) University Grants Commission (UGC) / JवLवJवMयालय अनद ु ान आयोग (यज ू ीसी)
(c) Central Board of Secondary Education (CBSE) / केTHय माVय>मक >श@ा बोडW (सीबीएसई)
(d) Union Public Service Commission (UPSC) / संघ लोक सेवा आयोग (यप ू ीएससी)

Kotak Mutual Fund has launched an investor education and awareness program in
partnership with which of the following?
कोटक hयच ू अ
ु ल फंड ने eनhन7लjखत म& से :कसके साथ साझेदार@ म& एक eनवेशक 7श1ा और जागEकता कायXlम शE
ु :क
या है ?
(a) All India Council for Technical Education (AICTE) / अ7खल भारतीय तकनीक= >श@ा पBरषद (एआईसीटHई)
(b) University Grants Commission (UGC) / JवLवJवMयालय अनद ु ान आयोग (यज ू ीसी)
(c) Central Board of Secondary Education (CBSE) / केm@य माnय7मक 7श1ा बोडX (सीबीएसई)
(d) Union Public Service Commission (UPSC) / संघ लोक सेवा आयोग (यप ू ीएससी)
Kotak Mutual Fund has launched an investor education and awareness program in partnership with
the Central Board of Secondary Education (CBSE).
The program ‘Seekho Paiso ki Bhasha’ will pave the way for financial literacy aimed at empowering
teachers across India.
To ensure a broad reach and accessibility for teachers across the country, the investor education
and awareness programmes will be held in over 100 locations

•SIDBI signed MoU with the Digital Lenders Association of India (DLAI) to boost
the country’s fintech sector.
•UP New and Renewable Energy Development Agency (UPNEDA) signed MoU
SIDBI to promote green project
•SIDBI signs with Digital Lenders Association of India (DLAI) to boost fintech
sector
•IREDA partners with Bank of Maharashtra to promote renewable energy
adoption
•Yes Bank partners with Juspay to offer merchant in-app UPI payments

Reserve Bank of India has approved Poonawalla Fincorp to issue a co-

branded credit card with which bank?
भारतीय 'रजव* ब,क ने पनू ावाला 3फनकॉप* को 3कस ब,क के साथ सह–
:ांडड
े =े>डट काड* जार@ करने कA मंजरू @ दे द@ है ?
(a) Federal Bank / फेडरल ब-क
(b) Axis Bank / एि1सस ब-क
(c) Yes Bank / यस ब-क
(d) IndusInd Bank / इंडसइंड ब-क

Reserve Bank of India has approved Poonawalla Fincorp to issue a co-branded credit
card with which bank?
भारतीय 'रजव* ब,क ने पन
ू ावाला 3फनकॉप* को 3कस ब,क के साथ सह–:ांडड
े =े>डट काड* जार@ करने कA मंजरू @ दे द@ है ?
(a) Federal Bank / फेडरल ब)क
(b) Axis Bank / एि-सस ब)क
(c) Yes Bank / यस ब)क
(d) IndusInd Bank / इंडसइंड ब,क
Reserve Bank of India has approved Poonawalla Fincorp, a Cyrus Poonawalla group-promoted
NBFC, to issue a co-branded credit card with IndusInd Bank.
The credit card, slated for launch in the next three months, is designed to cater to customers with
a favourable credit history.
This partnership with IndusInd Bank will be a game-changer adding a new vista to our bouquet of
new-age financial products for India’s tech-savvy and financially astute customers.

Who has been appointed as the new President of Intel India?

इंटेल इं&डया के नए अ.य/ के 0प म3 4कसे 6नय8 ु त 4कया गया है ?
(a) Anshika Singh / अं$शका $संह
(b) Vumlunmang Vualnam / वम ु लन
ु मंग वअ
ु लनाम
(c) Vasudha Gupta / वसध ु ा गु2ता
(d) Gokul Subramaniam / गोकुल स5 ु म6यम

Who has been appointed as the new President of Intel India?

इंटेल इंoडया के नए अnय1 के Eप म& :कसे eनयT ु त :कया गया है ?
(a) Anshika Singh / अं>शका >संह
ु मंग वअु लनाम
(c) Vasudha Gupta / वसध ु ा गु[ता
(d) Gokul Subramaniam / गोकुल सp ु मqयम
Intel Corporation has appointed Gokul Subramaniam as the new President of Intel India,
responsible for overseeing the company’s comprehensive engineering and design operations.
He replaced Nivruti Rai, who resigned as the Intel India country head in June 2023.
•Chairman of Tata Advanced Systems – Banmali Agarwal
•Secretary of Dept. of Biotechnology – Rajesh S Gokhale
•Advisor to PM Modi – Amit Khare (reappointment)
•CEO of Penguin Random House – Nihar Malviya (replace Marcus Dohle)
•Chairman of Digital Infrastructure Providers Association (DIPA) – Dhananjay Joshi
(replace Akhil Gupta)

The Reserve Bank of India (RBI) has cancelled the licence of __________
based “The Kapol Co-operative Bank Limited.
भारतीय AरजवD बFक (RBI) ने __________ िJथत “द कपोल को–
ऑपरे Pटव बFक QलQमटे ड” का लाइस3स रSद कर Pदया है ।
(a) Bengaluru / ब9गल: ु
(b) Guwahati / गुवाहाट<
(c) Chennai / चे?नई
(d) Mumbai / मंबु ई

The Reserve Bank of India (RBI) has cancelled the licence of __________ based “The Kapol Co-
operative Bank Limited.
भारतीय 'रजव* ब,क (RBI) ने __________ ि3थत “द कपोल को–ऑपरे ;टव ब,क =ल=मटे ड” का लाइसCस रDद कर ;दया है ।
(a) Bengaluru / ब#गल' ु
(b) Guwahati / गुवाहाट,
(c) Chennai / चे/नई
(d) Mumbai / मंब ु ई
The Reserve Bank of India (RBI) has cancelled the licence of Mumbai-based “The Kapol Co-operative Bank
Limited. On liquidation, every depositor would be entitled to receive deposit insurance claim amount of
his/her deposits up to a monetary ceiling of ₹5 lakh from Deposit Insurance and Credit Guarantee
Corporation (DICGC) subject to the provisions of DICGC Act, 1961.
As per the data submitted by the bank, 96.09 per cent of the depositors are entitled to receive full amount
of their deposits from DICGC.
As on July 24, 2023, DICGC has already paid ₹230.16 crore of the total insured deposits under the
provisions of Section 18A of the DICGC Act, 1961 based on the willingness received from the concerned
depositors of the bank, according to the central bank.

Indus App Store has been launched by which company?

इंडस ऐप >टोर :कस कंपनी _वारा लॉWच :कया गया है ?
(a) PhonePe
(b)Google Pay
(c) Paytm
(d) BHIM

Indus App Store has been launched by which company?
इंडस ऐप 3टोर Lकस कंपनी Dवारा लॉNच Lकया गया है ?
(a) PhonePe
(b)Google Pay
(c) Paytm
(d) BHIM
Bengaluru-based digital payments company PhonePe has launched its own app store platform to attract
Android developers in India.
The Indus Appstore Developer Platform offers free registration and upload of apps for the first year, no
platform fee, and no commission on in-app purchases, possibly making it a more appealing option than
Google’s Play Store.
The app store also supports many features that are relevant to the local market, such as third-party
payment providers, 12 Indian languages, and a phone number-based login system.

Which organization has signed an agreement with the Digital Lenders Association
of India (DLAI) to boost the country’s fintech sector?
:कस संगठन ने दे श के :फनटे क 1ेu को बढ़ावा दे ने के 7लए oडिजटल ल&डसX एसो7सएशन ऑफ इंoडया (DLAI) के
साथ एक समझौते पर ह>ता1र :कए ह;?
(a) NABARD / नाबाडW
(b) RBI / आरबीआई
(c) PFRDA / पीएफआरडीए
(d) SIDBI / >सडबी

Which organization has signed an agreement with the Digital Lenders Association
of India (DLAI) to boost the country’s fintech sector?
:कस संगठन ने दे श के :फनटे क 1ेu को बढ़ावा दे ने के 7लए oडिजटल ल&डसX एसो7सएशन ऑफ इंoडया (DLAI) के
साथ एक समझौते पर ह>ता1र :कए ह;?
(d) SIDBI / 7सडबी
The Small Industries Development Bank of India (SIDBI) has signed an agreement with the
Digital Lenders Association of India (DLAI) to boost the country’s fintech sector.
The MoU aims for collaborations with SIDBI to develop standard protocols to expedite the
adoption of digital lending partnerships including alliances between banks and Lending
Service Providers (LSPs), co-lending collaborations among others.

•SIDBI signed MoU with the Digital Lenders Association of India (DLAI) to
boost the country’s fintech sector.
•UP New and Renewable Energy Development Agency (UPNEDA) signed
MoU SIDBI to promote green project
•SIDBI partners with Tata Power for MSME solar rooftop financing
•SIDBI signs MoU with HDFC Bank to offer financial solutions to MSMEs
•SIDBI launches new financing solution “Mission 50K-EV4ECO” for electric
vehicle space

In September 2023, RBI has imposed monetary penalties on how many

banks for rule violations?
Qसतंबर 2023 म3 , RBI ने 6नयम उ[लंघन के Qलए 4कतने बFक] पर मौP_क जम
ु ाDना लगाया है ?
(a) 3
(b) 4
(c) 5
(d) 6

In September 2023, RBI has imposed monetary penalties on how many banks for rule violations?
=सतंबर 2023 मC , RBI ने Wनयम उYलंघन के =लए Lकतने ब,क\ पर मौ;^क जम
ु ा*ना लगाया है ?
(a) 3
(b) 4
(c) 5
(d) 6
The RBI has imposed monetary penalties on three banks, State Bank of India, Indian Bank and Punjab & Sind
Bank, and Fedbank Financial Services for rule violations.
The central bank imposed Rs 1.30 crore on SBI, Rs 1.62 crore penalty on IB, Rs 1 crore on Punjab & Sind
Bank, and Rs 8.80 lakh on Fedbank Financial Services.
RBI has imposed a monetary penalty of ₹1.30 Crore on SBI for non-compliance with certain directions issued
by RBI on ‘Loans and Advances – Statutory and Other Restrictions’ and ‘Guidelines on Management of Intra-
Group Transactions and Exposures’.
RBI has imposed a monetary penalty of ₹1.00 crore on Punjab & Sind Bank for non-compliance on ‘The
Depositor Education and Awareness Fund Scheme, 2014-Section 26A of Banking Regulation Act, 1949-
Operational Guidelines’.
RBI has imposed a monetary penalty of ₹1.62 crore on Indian Bank for non-compliance with certain directions
issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’, ‘Reserve Bank of India [Know Your
Customer (KYC)] Directions, 2016’ and ‘Reserve Bank of India (Interest Rate on Deposits) Directions, 2016’.

Which Deputy Governor of the Reserve Bank of India (RBI) has been given a
one-year extension in his tenure recently?
भारतीय 'रजव* ब,क (RBI) के 3कस >डGट@ गवन*र को हाल ह@ मI उनके काय*काल मI एक वष* का MवNतार
Oदया गया है ?
(a) Michael D Patra / माइकल डी पा9ा
(b) Mukesh Kumar Jain / मक ु े श कुमार जैन
(c) Tavarna Rabi Sankar / तवणB रबी संकर
(d) M. Rajeshwar Rao / एम. राजेDवर राव

Which Deputy Governor of the Reserve Bank of India (RBI) has been given a one-year
भारतीय vरजवX ब;क (RBI) के :कस oडwट@ गवनXर को हाल ह@ म& उनके कायXकाल म& एक वषX का 'व>तार zदया गया है
?
(a) Michael D Patra / माइकल डी पा\ा
(b) Mukesh Kumar Jain / मक ु े श कुमार जैन
(c) Tavarna Rabi Sankar / तवणW रबी संकर
(d) M. Rajeshwar Rao / एम. राजे|वर राव
Deputy Governor of the Reserve Bank of India (RBI), M. Rajeshwar Rao has been granted a
one-year extension to his term, effective from October 10, 2023.
The announcement was made official through a notification issued by the Department of
Personnel & Training.
His extended term will be in effect until October 9, 2024, or until further orders are issued,
whichever comes earlier. Before assuming the role of Deputy Governor, Rajeshwar Rao served
as the Executive Director at the RBI, starting from November 7, 2016.

•RBI Deputy Governor (4) – 1. Tavarna Rabi Sankar

2.Mukesh Kumar Jain
3.Michael D Patra
4.M Rajeshwar Rao
•MD and CEO ICICI Lombard – Sanjeev Mantri (replace Bhargav Dasgupta)
•Vice-president for Asian Development Bank (ADB)’s Market Solutions –
Bhargav Dasgupta
•MD and CEO of HDFC Bank – Sashidhar Jagdishan (reappointment for 3 year)
•Chairman of Mastercard India- Rajnish Kumar (Former SBI Chief)
•Statutory auditor of Paytm – S.R. Batliboi

According to S&P Global Ratings, what is India’s economic growth forecast

for FY25?
S&P Pलोबल रे OटंPस के अनस
ु ार, FY25 के Uलए भारत कA आWथ*क वY
ृ Wध का अनम
ु ान [या है ?
(a) 6%
(b) 6.2%
(c) 6.5%
(d) 6.9%

According to S&P Global Ratings, what is India’s economic growth forecast for FY25?
S&P }लोबल रे zटं}स के अनस
ु ार, FY25 के 7लए भारत क\ आ]थXक व_
ु ान Tया है ?
(a) 6%
(b) 6.2%
(c) 6.5%
(d) 6.9%
S&P Global Ratings has retained India’s growth forecast for FY24 at 6 percent on the back of
good growth in the April-June quarter.
S&P Global Ratings has estimated that India will grow at 6.9 percent, 6.9 percent, and 7
percent during FY25, FY26, and FY27, respectively.
The Organization for Economic Cooperation and Development (OECD) has raised India’s GDP
forecast for 2023-24 to 6.3 per cent from 6 per cent projected earlier.
Previously, Fitch Ratings raised its growth forecast to 6.3 per cent for the current fiscal year
from 6 percent. However, ADB lowered the growth to 6.3 per cent from 6.4 per cent.

•Economic Survey –7% (FY23), 6.5% (FY24)

•World Bank – 6.9% (FY23), 6.3% (FY24), 6.4% (FY25), 6.5% (FY26)
•S&P – 6% (FY24), 6.9% (FY25), 6.9% (FY26), 7% (FY27)
•ICRA – 6.9% (FY23), 6% (FY24)
•ADB – 7% (FY23), 6.3% (FY24), 6.7% (FY25)
•RBI – 6.8% (FY23), 6.5% (FY24)
•SBI – 7.1% (FY23) 6.2% – 6.3% (FY24)
•Morgan Stanley – 7% (FY23), 6.4%(FY24)
•Fitch Rating – 7.2% (FY23), 6.3% (FY24), 6.7% (FY25)
•OECD – 7.2% (FY23), 6.3% (FY24), 6%(FY25)
•CRISIL – 7% (FY23), 6% (FY24)
•NSO – 7% (FY23)

Which insurance company has been recognized as a ‘Great Place To Work’ Certified in
India from September 2023 to September 2024 period?
:कस बीमा कंपनी को 7सतंबर 2023 से 7सतंबर 2024 क\ अव]ध के 7लए भारत म& ‘•ेट wलेस टू वकX’ सzटX फाइड के Eप
म& माWयता द@ गई है ?
(a) Bajaj Allianz General Insurance / बजाज आ>लयांज जनरल इंLयोर_ स
(b) Bharti AXA General Insurance / भारती ए2सा जनरल इंLयोर_ स
(c) SBI General Insurance / एसबीआई जनरल इंLयोर_ स
(d) Royal Sundaram General Insurance / रॉयल संद ु रम जनरल इंLयोर_ स

Which insurance company has been recognized as a ‘Great Place To Work’ Certified in
India from September 2023 to September 2024 period?
:कस बीमा कंपनी को 7सतंबर 2023 से 7सतंबर 2024 क\ अव]ध के 7लए भारत म& ‘•ेट wलेस टू वकX’ सzटX फाइड के Eप
म& माWयता द@ गई है ?
(a) Bajaj Allianz General Insurance / बजाज आ>लयांज जनरल इंLयोर_ स
(b) Bharti AXA General Insurance / भारती ए2सा जनरल इंLयोर_ स
(c) SBI General Insurance / एसबीआई जनरल इं|योर& स
(d) Royal Sundaram General Insurance / रॉयल संद ु रम जनरल इंLयोर_ स
SBI General Insurance, one of India’s leading general insurers, has been recognized as a Great
Place To Work Certified in India from September 2023 to September 2024 period.
In India, the institute partners with more than 1400 organizations annually across over 22
industries to help them build High-Trust, High-Performance Cultures designed to deliver
sustained business results.

Which bank has launched a transaction banking platform for the Indian Micro, Small,
and Medium Enterprises (MSMEs) called NEO for Business?
:कस ब;क ने भारतीय सƒू म, लघु और मnयम उ_यम… (MSMEs) के 7लए NEO फॉर †बजनेस नामक एक लेनदे न ब;
:कंग wलेटफॉमX लॉWच :कया है ?

Which bank has launched a transaction banking platform for the Indian Micro, Small,
and Medium Enterprises (MSMEs) called NEO for Business?
:कस ब;क ने भारतीय सƒू म, लघु और मnयम उ_यम… (MSMEs) के 7लए NEO फॉर †बजनेस नामक एक लेनदे न ब;
:कंग wलेटफॉमX लॉWच :कया है ?
(b) Axis Bank / एिTसस ब;क
Axis Bank has launched a transaction banking platform for the Indian Micro, Small, and Medium
Enterprises (MSMEs) called NEO for Business.
It will cater to the “real, current, and emerging” transaction needs of Indian MSMEs
India currently has over 65 million MSMEs, which contribute over 30 percent to India’s gross
domestic product (GDP).
NEO by Axis Bank’ was launched as a platform for our corporate banking customers, offering a
complete suite of digital banking products and services.

Who has been appointed as the vice-president for Asian Development Bank
(ADB)’s Market Solutions for three years?
एUशयाई Mवकास ब,क (एडीबी) के माक_ट सॉ`यशू ंस के Uलए तीन साल के Uलए उपाaयb के cप मI 3कसे
dनय[ु त 3कया गया है ?
(a) Rajnish Kumar / रजनीश कुमार
(b) Joshit Ranjan Sikidar / जोFशत रं जन FसGकदार
(c) Deepak Mohanty / दIपक मोहं ती
(d) Bhargav Dasgupta / भागBव दासगLु ता

Who has been appointed as the vice-president for Asian Development Bank (ADB)’s Market
Solutions for three years?
ए=शयाई `वकास ब,क (एडीबी) के माकbट सॉYयशू ंस के =लए तीन साल के =लए उपाdयe के fप मC Lकसे Wनयg
ु त Lकया गया है ?
(b) Joshit Ranjan Sikidar / जो:शत रं जन :स>कदार
(c) Deepak Mohanty / द,पक मोहं ती
(d) Bhargav Dasgupta / भाग*व दासगुhता
The Asian Development Bank (ADB) has appointed Bhargav Dasgupta as vice-president for Market
Solutions for three years.
This development follows Dasgupta’s resignation as Managing Director and Chief Executive Officer of ICICI
Lombard General Insurance Company.
Having joined ICICI Lombard in May 2009 as Managing Director and CEO, Dasgupta served the general
insurance company for over 14 years.
Initially, Dasgupta had been scheduled to step down from his position at ICICI Lombard in April 2024 after
completing a 15-year term.
•MD & CEO of ICICI Bank – Sandeep Bakshi (reappointment for 3 year)
•Managing Director of SBI – Vinay M. Tonse (recommended)

Which bank has announced the launch of Interoperable Cardless Cash Withdrawal
(ICCW) using UPI on ATMs?
:कस ब;क ने एट@एम पर UPI का उपयोग करके इंटरऑपरे बल काडXलेस कैश 'वद‡ॉल (ICCW) शE
ु करने क\ घोष
णा क\ है ?
(a) AU Small Finance Bank Limited / एयू aमॉल फाइन_स ब.क >ल>मटे ड
(b) Capital Small Finance Bank Limited / कैJपटल aमॉल फाइन_स ब.क >ल>मटे ड
(c) Fincare Small Finance Bank Limited / bफनकेयर aमॉल फाइन_स ब.क >ल>मटे ड
(d) Utkarsh Small Finance Bank / उcकषW aमॉल फाइन_स ब.क

Which bank has announced the launch of Interoperable Cardless Cash Withdrawal
(ICCW) using UPI on ATMs?
:कस ब;क ने एट@एम पर UPI का उपयोग करके इंटरऑपरे बल काडXलेस कैश 'वद‡ॉल (ICCW) शE
ु करने क\ घोष
णा क\ है ?
(a) AU Small Finance Bank Limited / एयू aमॉल फाइन_स ब.क >ल>मटे ड
(b) Capital Small Finance Bank Limited / कैJपटल aमॉल फाइन_स ब.क >ल>मटे ड
(c) Fincare Small Finance Bank Limited / bफनकेयर aमॉल फाइन_स ब.क >ल>मटे ड
(d) Utkarsh Small Finance Bank / उ‰कषX >मॉल फाइन&स ब;क
Utkarsh Small Finance Bank (USFB) Limited announced the launch of Interoperable Cardless
Cash Withdrawal (ICCW) Using UPI on ATMs
It is an innovative service, set to revolutionize cash withdrawal experiences.
It is dedicated to offering process-centric, technology-driven, and customer-oriented services
that lead to a reliable, scalable, and sustainable institution, driving socio-economic change.
The Bank is pleased to announce the launch of the Interoperable Cardless Cash Withdrawal
(ICCW) service, which utilizes UPI (Unified Payments Interface) on its ATM networks.

•Axis Bank Launched ‘NEO For Business’ Ban Platform for MSMEs
•Ujjivan SFB launched Maxima Savings Account & Business Maxima
Current Account
•ACKO Insurance introduced the ‘Platinum Health Plan’
•SBI introduces digital opening of NRE/NRO account setup through
YONO
•IndusInd Bank launches ‘Virtual Commercial Credit Card

Which of the following has signed an agreement with the Digital Lenders
Association of India (DLAI) to boost the country’s fintech sector?
eनhन7लjखत म& से :कसने दे श के :फनटे क 1ेu को बढ़ावा दे ने के 7लए oडिजटल ल&डसX एसो7सएशन ऑफ इंoडया (D
LAI) के साथ एक समझौते पर ह>ता1र :कए ह;?

Which of the following has signed an agreement with the Digital Lenders Association of
India (DLAI) to boost the country’s fintech sector?
IनJनKलLखत मN से 3कसने दे श के 3फनटे क PेQ को बढ़ावा दे ने के Kलए >डिजटल लNडस* एसोKसएशन ऑफ इं>डया (DLAI) के
साथ एक समझौते पर हXताPर 3कए ह,?
(a) NABARD / नाबाड2
(d) SIDBI / Kसडबी
The Small Industries Development Bank of India (SIDBI) has signed an agreement with the Digital
Lenders Association of India (DLAI) to boost the country’s fintech sector.
The MoU aims for collaborations with SIDBI to develop standard protocols to expedite the adoption of
digital lending partnerships including alliances between banks and Lending Service Providers (LSPs).
SIDBI will also provide resource support to eligible DLAI member NBFCs and also explore Assignment
and Securitization transactions.
Under the agreement, SIDBI and DLAI will explore partnerships for its “Prayaas” Scheme for informal
enterprises, co-lending, GST Sahay, Express loan, green financing, and other direct credit schemes.

•IREDA partners with Bank of Maharashtra to promote renewable energy

adoption
•Yes Bank partners with Juspay to offer merchant in-app UPI payments
•IIT Kanpur partners with ICICI Bank to foster startup innovatio
•SIDBI partners with Tata Power for MSME solar rooftop financing

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has
signed an MoU with which bank for the solarization of residential units at Ayodhya
and for bio-energy and renewable project financing?
उ)र dदे श नवीन और नवीकरणीय ऊजाX 'वकास एज&सी (UPNEDA) ने अयोnया म& आवासीय इकाइय… के सौय‹क
रण और जैव–
ऊजाX और नवीकरणीय पvरयोजना 'व)पोषण के 7लए :कस ब;क के साथ एक समझौता Oापन पर ह>ता1र :कए ह;?
(c) State Bank of India / भारतीय aटे ट ब.क

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has signed an
MoU with which bank for the solarization of residential units at Ayodhya and for bio-energy
and renewable project financing?
उiर jदे श नवीन और नवीकरणीय ऊजा* `वकास एजCसी (UPNEDA) ने अयोdया मC आवासीय इकाइय\ के सौयpकरण और जैव–
ऊजा* और नवीकरणीय प'रयोजना `वiपोषण के =लए Lकस ब,क के साथ एक समझौता sापन पर ह3ताeर Lकए ह,?
(a) NABARD / नाबाडB
(b) Axis Bank / एिEसस बFक
(c) State Bank of India / भारतीय Iटे ट बFक
(d) SIDBI / =सडबी
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has signed an MoU with the
Small Industries Development Bank of India (SIDBI) for the solarisation of residential units at Ayodhya
and for bio-energy and renewable project financing.
The MoU between UPNEDA and SIDBI is expected to help in promoting solar energy. This initiative will
encourage innovations for environment-friendly projects.
The members of both organizations threw light on the initiatives taken by SIDBI to support the
Government of India’s project for installing solar rooftop panels in 2500 MSMEs to take care of their
captive consumption.

Who has been appointed the new Managing Director and Chief Executive Officer
(CEO) of ICICI Lombard?
आईसीआईसीआई लोhबाडX का नया dबंध eनदे शक और मŒ
ु य कायXकार@ अ]धकार@ (सीईओ) :कसे eनयT
ु त :कया गया
है ?
(b) Sanjeev Mantri / संजीव मं\ी
(c) Deepak Mohanty / दHपक मोहं ती
(d) Tablesh Pandey / तबलेश पांडे

Who has been appointed the new Managing Director and Chief Executive Officer
(CEO) of ICICI Lombard?
आईसीआईसीआई लोhबाडX का नया dबंध eनदे शक और मŒ
ु य कायXकार@ अ]धकार@ (सीईओ) :कसे eनयT
ु त :कया गया
है ?
(b) Sanjeev Mantri / संजीव मंuी
(d) Tablesh Pandey / तबलेश पांडे
Sanjeev Mantri has been appointed the new Managing Director and Chief Executive Officer
(CEO) of ICICI Lombard.
Mantri, who is currently an Executive Director at ICICI Lombard General Insurance, will take
over his new role from December 1, 2023, or the date of IRDAI approval, whichever is later,
for a period of five consecutive years.

Retirement fund body Employees’ Provident Fund Organization (EPFO) has recorded
the highest net member addition of 18.75 lakh in July 2023. In which year EPFO was
founded?
सेवाeनव'ृ ) eन]ध eनकाय कमXचार@ भ'वŽय eन]ध संगठन (ईपीएफओ) ने जल ु ाई 2023 म& 18.75 लाख क\ उ“चतम शु
_ध सद>य व_ ृ ]ध दजX क\ है । ईपीएफओ क\ >थापना :कस वषX म& हुई थी?
(a) 1949
(b) 1950
(c) 1952
(d) 1957

Retirement fund body Employees’ Provident Fund Organization (EPFO) has recorded
the highest net member addition of 18.75 lakh in July 2023. In which year EPFO was
founded?
सेवाeनव'ृ ) eन]ध eनकाय कमXचार@ भ'वŽय eन]ध संगठन (ईपीएफओ) ने जल ु ाई 2023 म& 18.75 लाख क\ उ“चतम शु
_ध सद>य व_ ृ ]ध दजX क\ है । ईपीएफओ क\ >थापना :कस वषX म& हुई थी?
(a) 1949
(b) 1950
(c) 1952
(d) 1957
Employees’ Provident Fund Organization (EPFO) has recorded the highest net member
addition of 18.75 lakh in July 2023.
The labour ministry in a statement said that the addition of 18.75 lakh during the month is
the highest since the first publishing of EPFO payroll data from April 2018 covering the period
of September 2017 onwards. The majority of new members joining EPFO are in the age group
of 18-25 years constituting roughly 58.45 percent of total new members additions during the
month.

Use code : SHEETAL
Which bank has introduced a digital facility for Non-Resident Indians to effortlessly
open Non-Residential External and Non-Resident Ordinary accounts through its
mobile app?
:कस ब;क ने अeनवासी भारतीय… के 7लए अपने मोबाइल ऐप के माnयम से आसानी से गैर–
आवासीय बाहर@ और अeनवासी साधारण खाते खोलने के 7लए एक oडिजटल स'ु वधा शE
ु क\ है ?
(a) State Bank of India / भारतीय aटे ट ब.क
(b) Punjab National Bank / पंजाब नेशनल ब.क
(c) UCO Bank / यकू ो ब.क
(d) Indian Bank / इं)डयन ब.क

Which bank has introduced a digital facility for Non-Resident Indians to effortlessly
open Non-Residential External and Non-Resident Ordinary accounts through its
mobile app?
:कस ब;क ने अeनवासी भारतीय… के 7लए अपने मोबाइल ऐप के माnयम से आसानी से गैर–
आवासीय बाहर@ और अeनवासी साधारण खाते खोलने के 7लए एक oडिजटल स'ु वधा शE
ु क\ है ?
(a) State Bank of India / भारतीय >टे ट ब;क
(d) Indian Bank / इं)डयन ब.क
State Bank of India has introduced a digital facility for Non-Resident Indians to effortlessly
open Non-Residential External and Non-Resident Ordinary accounts through its mobile app
YONO.
This service is designed for NTB or “new to bank” customers, providing them with ease and
efficiency in the account opening process.

IREDA (Indian Renewable Energy Development Agency) has signed an MoU with
which bank to promote renewable energy in India?
IREDA
(भारतीय नवीकरणीय ऊजाX 'वकास एज&सी) ने भारत म& नवीकरणीय ऊजाX को बढ़ावा दे ने के 7लए :कस ब;क के सा
थ एक समझौता Oापन पर ह>ता1र :कए ह;?
(d) Bank of Maharashtra / ब.क ऑफ महाराef

IREDA (Indian Renewable Energy Development Agency) has signed an MoU with
which bank to promote renewable energy in India?
IREDA
(भारतीय नवीकरणीय ऊजाX 'वकास एज&सी) ने भारत म& नवीकरणीय ऊजाX को बढ़ावा दे ने के 7लए :कस ब;क के सा
थ एक समझौता Oापन पर ह>ता1र :कए ह;?
(d) Bank of Maharashtra / ब;क ऑफ महाराŽ”
IREDA (Indian Renewable Energy Development Agency) has signed an MoU with the Bank
of Maharashtra (BoM) to promote renewable energy adoption in India.
The primary goal is to promote and facilitate co-lending and loan syndication for various
renewable energy projects across India.
•BriskPe introduce BriskPe A2A with Yes Bank to enable seamless cross-border payment
•NABARD partners with UNDP to boost data-driven innovations

India’s largest payments firm, Juspay has collaborated with which bank to
introduce HyperUPI, NPCI plug-in SDK that enables in-app UPI payments in
merchant apps?
भारत क\ सबसे बड़ी भगु तान फमX, जसपे ने हाइपरयप
ू ीआई, एनपीसीआई wलग–
इन एसडीके पेश करने के 7लए :कस ब;क के साथ सहयोग :कया है जो मच–ट ऐwस म& इन–
ऐप यपू ीआई भग
ु तान को स1म बनाता है ?
(a) Federal Bank / फेडरल ब.क

India’s largest payments firm, Juspay has collaborated with which bank to
introduce HyperUPI, NPCI plug-in SDK that enables in-app UPI payments in
merchant apps?
भारत क\ सबसे बड़ी भगु तान फमX, जसपे ने हाइपरयप
ू ीआई, एनपीसीआई wलग–
इन एसडीके पेश करने के 7लए :कस ब;क के साथ सहयोग :कया है जो मच–ट ऐwस म& इन–
ऐप यपू ीआई भग
ु तान को स1म बनाता है ?
(c) Yes Bank / यस ब;क
Juspay, India’s largest payments firm, has collaborated with YES Bank to introduce HyperUPI,
the NPCI plug-in SDK that enables in-app UPI payments in merchant apps.
Without becoming an approved UPI app, merchants can now offer easy “1-click UPI
experiences” via their Android and iOS apps.

Who has been elected as the Chairman of the Audit Bureau of Circulations
(ABC) for 2023-2024?
2023-2024 के Uलए ऑ>डट fयरू ो ऑफ सकु*लेशन (एबीसी) के अaयb के cप मI 3कसे चन
ु ा गया है ?
(b) Joshit Ranjan Sikidar / जोFशत रं जन FसGकदार
(c) Deepak Mohanty / दIपक मोहं ती
(d) Srinivasan K Swamy / MीNनवासन के Oवामी

Who has been elected as the Chairman of the Audit Bureau of Circulations (ABC) for
2023-2024?
2023-2024 के 7लए ऑoडट —यरू ो ऑफ सकुXलेशन (एबीसी) के अnय1 के Eप म& :कसे चन
ु ा गया है ?
(b) Joshit Ranjan Sikidar / जो>शत रं जन >सbकदार
(d) Srinivasan K Swamy / ˜ीeनवासन के >वामी
RK Swamy Hansa Group Executive Chairman, Srinivasan K Swamy was elected as the Chairman of
the Audit Bureau of Circulations (ABC) for 2023-2024.
Srinivasan K Swamy is currently the Chairman of the Asian Federation of Advertising Associations.
He held leadership roles in various organizations including the International Advertising
Association (IAA) and the Advertising Agencies Association of India.
He was awarded the Lifetime Achievement Award by the Advertising Agencies Association of India
(AAAI).
Hormuzd Masani held the position of Secretary General in the Audit Bureau of Circulations.

Tata Power Solar Systems Limited (TPSSL) has partnered with which bank to provide
loans to MSMEs looking to install rooftop Solar PV plants from Tata Power or its
authorized channel partners?
टाटा पावर सोलर 7स>टhस 7ल7मटे ड (TPSSL) ने टाटा पावर या इसके अ]धकृत चैनल भागीदार… से छत पर सोलर पीवी सं
यंu >था'पत करने के इ“छुक एमएसएमई को ऋण dदान करने के 7लए :कस ब;क के साथ साझेदार@ क\ है ?
(c) State Bank of India / भारतीय aटे ट ब.क

Tata Power Solar Systems Limited (TPSSL) has partnered with which bank to provide loans to
MSMEs looking to install rooftop Solar PV plants from Tata Power or its authorized channel
partners?
टाटा पावर सोलर =स3टtस =ल=मटे ड (TPSSL) ने टाटा पावर या इसके अuधकृत चैनल भागीदार\ से छत पर सोलर पीवी संयंy 3था`पत कर
ने के इzछुक एमएसएमई को ऋण jदान करने के =लए Lकस ब,क के साथ साझेदार| क} है ?
(a) NABARD / नाबाडB
(c) State Bank of India / भारतीय Iटे ट बFक
(d) SIDBI / =सडबी
Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited
(TREPL) has partnered with the Small Industries Development Bank of India (SIDBI) to provide loans to MSMEs
looking to install rooftop Solar PV plants from Tata Power or its authorized channel partners.
The two entities signed a memorandum of understanding for the same at the Global SME Finance Forum 2023
in Mumbai.
Tata Power Solar offers solar energy solutions from installation to operational maintenance and has so far
provided 11.5 GWp ground-mounted solar capacity, over 1.7 GWp rooftop-mounted solar capacity systems, and
more than 1 lakh solar water pumps.
CEO & MD of Tata Power – Dr. Praveer Sinha

Who has been appointed as the statutory auditor of Paytm?

पेट`एम के वैधा6नक लेखा पर`/क के 0प म3 4कसे 6नय8ु त 4कया गया है ?
(a) Pranav Haridasan / Aणव हCरदासन
(b) Joshit Ranjan Sikidar / जो$शत रं जन $सGकदार
(c) Deepak Mohanty / द<पक मोहं ती
(d) S.R. Batliboi / एस.आर. बटल<बोई

Who has been appointed as the statutory auditor of Paytm?

पेट@एम के वैधाeनक लेखा पर@1क के Eप म& :कसे eनयT
ु त :कया गया है ?
(a) Pranav Haridasan / gणव हBरदासन
(b) Joshit Ranjan Sikidar / जो>शत रं जन >सbकदार
(d) S.R. Batliboi / एस.आर. बटल@बोई
S.R. Batliboi & Associates LLP has been appointed as the new statutory auditor of Paytm for
5 years.
Price Waterhouse Chartered Accountants LLP has completed its term as the statutory auditor
of the company at the conclusion of the AGM.
Price Waterhouse Chartered Accountants LLP on August 7 announced its resignation as
auditor of Paytm Payments Services Limited with immediate effect.

Who has been appointed as the Vice Chairperson of the National Association of
Software and Service Companies (NASSCOM)?
नेशनल एसो7सएशन ऑफ सॉ›टवेयर एंड स'वXस कंपनीज (NASSCOM) के उपाnय1 के Eप म& :कसे eनयT
ु त :कया
गया है ?
(b) Radhika Goel / राhधका गोयल
(d) Sindhu Gangadharan / >संधु गंगाधरन

Who has been appointed as the Vice Chairperson of the National Association of
Software and Service Companies (NASSCOM)?
नेशनल एसो7सएशन ऑफ सॉ›टवेयर एंड स'वXस कंपनीज (NASSCOM) के उपाnय1 के Eप म& :कसे eनयT
ु त :कया
गया है ?
(d) Sindhu Gangadharan / 7संधु गंगाधरन
Sindhu Gangadharan has been appointed as the Vice Chairperson of the National Association of
Software and Service Companies (NASSCOM).
She is currently Senior Vice-Chairperson and Managing Director at SAP Labs India.
Earlier this year, Gangadharan was appointed as the Chairperson of the Nasscom GCC Council
for the term 2023-2025.

Who has been appointed as the interim director of probe agency Enforcement
Directorate (ED)?
जांच एजIसी hवत*न dनदे शालय (ईडी) के अंत'रम dनदे शक के cप मI 3कसे dनय[
ु त 3कया गया है ?
(a) Manoj Govil / मनोज गोPवल
(b) Sanjay Malhotra / संजय मQहो9ा
(c) Rajiv Gauba / राजीव गौबा
(d) Rahul Navin / राहुल नवीन

Who has been appointed as the interim director of probe agency Enforcement Directorate (ED)?
जांच एजCसी jवत*न Wनदे शालय (ईडी) के अंत'रम Wनदे शक के fप मC Lकसे Wनयg
ु त Lकया गया है ?
(a) Manoj Govil / मनोज गोKवल
(b) Sanjay Malhotra / संजय मLहोMा
(c) Rajiv Gauba / राजीव गौबा
(d) Rahul Navin / राहुल नवीन
Indian Revenue Service (IRS) officer Rahul Navin has been appointed as the interim director of probe agency
Enforcement Directorate till the appointment of a regular director. Navin is a distinguished IRS officer of the
1993 batch.
He replaced outgoing director Sanjay Kumar Mishra.
Rahul Navin currently holds the post of Special Director in the Enforcement Directorate.
Sanjay Kumar Mishra initially assumed the role of Director in the Enforcement Directorate for a two-year
tenure from November 19, 2018.
•The central government later issued an order on November 13, 2020, which extended Mishra’s tenure from
two years to three years with retrospective effect. Established- 1 May 1956
•Headquarters- New Delhi, India
Ministry of Finance, Government of India

Which insurance company has launched a new product “Life Income
Laabh” with an aim to simplify insurance and deliver maximum protection
to its consumers?
4कस बीमा कंपनी ने बीमा को सरल बनाने और अपने उपभो8ताओं को अeधकतम सरु /ा fदान करने के
उSदे gय से एक नया उhपाद “लाइफ इनकम लाभ” लॉkच 4कया है ?
(a) Bajaj Allianz Insurance / बजाज आ$लयांज इंNयोर9 स
(b) Bharti AXA Life Insurance / भारती एPसा लाइफ इंNयोर9 स
(c) Cholamandalam MS Insurance / चोलामंडलम एमएस इंNयोर9 स
(d) Go Digit Insurance / गो Sडिजट इंNयोर9 स

Which insurance company has launched a new product “Life Income
Laabh” with an aim to simplify insurance and deliver maximum protection
to its consumers?
4कस बीमा कंपनी ने बीमा को सरल बनाने और अपने उपभो8ताओं को अeधकतम सरु /ा fदान करने के
उSदे gय से एक नया उhपाद “लाइफ इनकम लाभ” लॉkच 4कया है ?
(b) Bharti AXA Life Insurance / भारती ए8सा लाइफ इंgयोर3 स
(d) Go Digit Insurance / गो Sडिजट इंNयोर9 स
The plan provides financial protection and a steady income stream to consumers.
The newly launched plan provides customers with a steady stream of guaranteed
income for 10 to 12 years, depending on the policy term they choose.
It starts with an initial income pay-out equivalent to 100 percent of the annual
premium paid by the policyholder.

Which bank has partnered with OneCard to launch a mobile-first premium
credit card?
मोबाइल–fथम fीQमयम mे&डट काडD लॉkच करने के Qलए 4कस बFक ने वनकाडD के साथ साझेदार` कo है ?
(a) State Bank of India / भारतीय Uटे ट बVक
(b) Punjab National Bank / पंजाब नेशनल बVक
(c) UCO Bank / यकू ो बVक
(d) Indian Bank / इंSडयन बVक

Which bank has partnered with OneCard to launch a mobile-first premium
credit card?
मोबाइल–fथम fीQमयम mे&डट काडD लॉkच करने के Qलए 4कस बFक ने वनकाडD के साथ साझेदार` कo है ?
(b) Punjab National Bank / पंजाब नेशनल बVक
(c) UCO Bank / यकू ो बVक
(d) Indian Bank / इं&डयन बFक
A public sector bank in India, Indian Bank has partnered with OneCard to launch a
mobile-first premium credit card.This partnership will empower users with full digital
control over their credit card interactions — ranging from real-time transaction
tracking, spends management, EMI conversion, reward redemption, repayments,
monthly budget planning to credit limit adjustments and seamless payments, all in-
app.

Which of the following company has launched an ALT ID solution for guest
checkout transactions?
6नpनQलqखत म3 से 4कस कंपनी ने अ6तeथ चेकआउट लेनदे न के Qलए ALT.ID समाधान लॉkच 4कया है ?
(a) Mastercard / माUटरकाडX
(b) Visa / वीज़ा
(c) American Express / अमेCरकन एPसAेस
(d) RuPay / :पे

Which of the following company has launched an ALT ID solution for guest
checkout transactions?
6नpनQलqखत म3 से 4कस कंपनी ने अ6तeथ चेकआउट लेनदे न के Qलए ALT.ID समाधान लॉkच 4कया है ?
(a) Mastercard / माJटरकाडD
(d) RuPay / :पे
Mastercard, a global technology company in the payments industry, has launched an

ALT ID solution for guest checkout transactions.
ALT ID is a custom-made capability developed by Mastercard to create an alternate
identifier for the real card numbers provided by cardholders during guest checkout
transactions on e-commerce platforms.This solution will enhance online payment
security for both merchants and consumers.

Which insurance company has launched an innovative income plan, Pru
GIFT Pro, which provides customers the option to receive either a year-on-
year increasing income or a constant regular income?
4कस बीमा कंपनी ने एक अQभनव आय योजना, fू eगtट fो लॉkच कo है , जो uाहक] को साल–दर–
साल बढ़ती आय या 6नरं तर 6नयQमत आय fाwत करने का xवक[प fदान करती है ?
(b) ICICI Prudential Life Insurance / आईसीआईसीआई Aड ू 9$शयल लाइफ इंNयोर9 स
(d) Max Life Insurance / मैPस लाइफ इंNयोर9 स

Which insurance company has launched an innovative income plan, Pru
GIFT Pro, which provides customers the option to receive either a year-on-
year increasing income or a constant regular income?
4कस बीमा कंपनी ने एक अQभनव आय योजना, fू eगtट fो लॉkच कo है , जो uाहक] को साल–दर–
साल बढ़ती आय या 6नरं तर 6नयQमत आय fाwत करने का xवक[प fदान करती है ?
(b) ICICI Prudential Life Insurance / आईसीआईसीआई fड ू 3Qशयल लाइफ इंgयोर3 स
(d) Max Life Insurance / मैPस लाइफ इंNयोर9 स
ICICI Prudential Life Insurance has launched an innovative income plan, ICICI Pru
GIFT Pro, which provides customers the option to receive either a year-on-year
increasing income or a constant regular income.
In addition, the life cover component of this non-participating savings product
ensures the family has financial security.

Who has been awarded the Leading Fintech Personality of the Year
Award at the Global Fintech Fest (GFF) 2023?
{लोबल 4फनटे क फेJट (जीएफएफ)2023 म3 ल`&डंग 4फनटे क पसDनQै लट` ऑफ द ईयर अवाडD से 4कसे
सpमा6नत 4कया गया है ?
(a) Deepak Shenoy / द<पक शेनॉय
(b) Adeeb Ahamed / अद<ब अहमद
(c) Raghu Ram Pillarisetti / रघु राम ]प^लर<से_ट<
(d) Shanti Lakra /शां`त लकड़ा

Who has been awarded the Leading Fintech Personality of the Year
Award at the Global Fintech Fest (GFF) 2023?
{लोबल 4फनटे क फेJट (जीएफएफ)2023 म3 ल`&डंग 4फनटे क पसDनQै लट` ऑफ द ईयर अवाडD से 4कसे
सpमा6नत 4कया गया है ?
(a) Deepak Shenoy / द<पक शेनॉय
(b) Adeeb Ahamed / अद`ब अहमद
(c) Raghu Ram Pillarisetti / रघु राम ]प^लर<से_ट<
(d) Shanti Lakra /शां`त लकड़ा
Global Fintech Awards (GFA) 2023 is held annually as part of the Global Fintech
Fest (GFF) 2023 in Mumbai, India.
This year, the coveted global award for ‘Leading Fintech Personality of the Year’
from the Gulf Cooperation Countries (GCC) region was awarded to Adeeb
Ahamed, Managing Director of the Abu Dhabi-based Lulu Financial Holdings.

Which bank has launched the ‘Nation First Transit Card’ to facilitate the
seamless and convenient customer commuting experience?
uाहक] को 6नबाDध और सxु वधाजनक आवागमन अनभ ु व fदान करने के Qलए 4कस बFक ने ‘नेशन फJटD
~ांिजट काडD‘ लॉkच 4कया है ?
(b) Axis Bank / एिPसस बVक
(c) Yes Bank / यस बVक
(d) HDFC Bank / एचडीएफसी बVक

Which bank has launched the ‘Nation First Transit Card’ to facilitate the
seamless and convenient customer commuting experience?
uाहक] को 6नबाDध और सxु वधाजनक आवागमन अनभ ु व fदान करने के Qलए 4कस बFक ने ‘नेशन फJटD
~ांिजट काडD‘ लॉkच 4कया है ?
(a) State Bank of India / भारतीय Jटे ट बFक
(b) Axis Bank / एिPसस बVक
(c) Yes Bank / यस बVक
(d) HDFC Bank / एचडीएफसी बVक
The State Bank of India, the country’s largest lender, has launched the ‘Nation First
Transit Card’ to facilitate the seamless and convenient customer commuting
experience.Objective – To ensure easy digital ticketing fare payments in metro,
buses, water ferries, parking, etc. through a single card and individuals can also
use this card for making retail and e-commerce payments.

Which company has partnered with KredX in a strategic move aimed at
revolutionizing B2B digital payments, ensuring benefits for both
enterprises and vendors?
4कस कंपनी ने B2B &डिजटल भग ु तान म3 mां6त लाने और उSयम] और xवmेताओं दोन] के Qलए लाभ
स6ु निgचत करने के उSदे gय से एक रणनी6तक कदम म3 KredX के साथ साझेदार` कo है ?
(a) Mastercard / माUटरकाडX
(d) RuPay / :पे

Which company has partnered with KredX in a strategic move aimed at
revolutionizing B2B digital payments, ensuring benefits for both
enterprises and vendors?
4कस कंपनी ने B2B &डिजटल भग ु तान म3 mां6त लाने और उSयम] और xवmेताओं दोन] के Qलए लाभ
स6ु निgचत करने के उSदे gय से एक रणनी6तक कदम म3 KredX के साथ साझेदार` कo है ?
(a) Mastercard / माJटरकाडD
(d) RuPay / :पे
Mastercard has partnered with KredX, a supply chain finance platform, in a

strategic move aimed at revolutionizing B2B digital payments, ensuring benefits for
both enterprises and vendors.

Which of the following has partnered with the government’s computer
emergency response unit CERT-In to train 1,000 government officials?
6नpनQलqखत म3 से 4कसने 1,000 सरकार` अeधकाAरय] को fQश•/त करने के Qलए सरकार कo कंwयट
ू र
आपातकाल`न f6त4mया इकाई CERT-In के साथ साझेदार` कo है ?
(a) Microsoft / माइbोसॉcट
(b) Apple / ऐ2पल
(c) Adobe / एडोब
(d) Google Cloud/ गग ू ल Pलाउड

Which of the following has partnered with the government’s computer
emergency response unit CERT-In to train 1,000 government officials?
6नpनQलqखत म3 से 4कसने 1,000 सरकार` अeधकाAरय] को fQश•/त करने के Qलए सरकार कo कंwयट
ू र
आपातकाल`न f6त4mया इकाई CERT-In के साथ साझेदार` कo है ?
(a) Microsoft / माइbोसॉcट
(b) Apple / ऐ2पल
(c) Adobe / एडोब
(d) Google Cloud/ गग ू ल 8लाउड
Google Cloud has partnered with the government’s computer emergency response
unit CERT-In to train 1,000 government officials and provide 1 lakh cybersecurity
certificate scholarships to learners.
CERT-In is part of the Ministry of Electronics and Information Technology (MeitY),
which deals with cybersecurity threats, hacking, and other cyber-related issues.

Which Small Finance Bank has launched the Zenith + Super Premium Metal
Credit Card to expand its range of banking solutions?
4कस लघु xव‚ बFक ने बF4कंग समाधान] कo अपनी ƒंख
ृ ला का xवJतार करने के Qलए जे6नथ + सप
ु र fीQमयम
मेटल mे&डट काडD लॉkच 4कया है
(a) AU Small Finance Bank Limited / एयू Uमॉल फाइन9स बVक $ल$मटे ड
(b) Capital Small Finance Bank Limited / कै]पटल Uमॉल फाइन9स बVक $ल$मटे ड
(c) Fincare Small Finance Bank Limited / Gफनकेयर Uमॉल फाइन9स बVक $ल$मटे ड
(d) Shivalik Small Finance Bank / $शवा$लक Uमॉल फाइन9स बVक

Which Small Finance Bank has launched the Zenith + Super Premium Metal
Credit Card to expand its range of banking solutions?
4कस लघु xव‚ बFक ने बF4कंग समाधान] कo अपनी ƒंख
ृ ला का xवJतार करने के Qलए जे6नथ + सप
ु र fीQमयम
मेटल mे&डट काडD लॉkच 4कया है
(a) AU Small Finance Bank Limited / एयू Jमॉल फाइन3स बFक QलQमटे ड
(b) Capital Small Finance Bank Limited / कै]पटल Uमॉल फाइन9स बVक $ल$मटे ड
(c) Fincare Small Finance Bank Limited / Gफनकेयर Uमॉल फाइन9स बVक $ल$मटे ड
(d) Shivalik Small Finance Bank / $शवा$लक Uमॉल फाइन9स बVक
AU Small Finance Bank Ltd has introduced the Zenith + Super Premium Metal Credit
Card, expanding its range of banking solutions.This credit card includes features like
premium lounge access, personalized concierge services, and a welcome with Premium
Brand vouchers or Reward Points worth Rs 5000.One of the card’s highlights is the
Forex markup of 0.99 percent for international travel, making it advantageous for
global transactions.

Who has been appointed as the new chairman of the Finance

Industry Development Council (FIDC)?
xव‚ उSयोग xवकास पAरषद (FIDC) के नए अ.य/ के 0प म3 4कसे 6नय8
ु त 4कया गया
है ?
(a) Ganesan Kannabiran / गणेशन क?नाबीरन
(b) Anshika Singh / अं$शका $संह
(c) Umesh Revankar / उमेश रे वनकर
(d) Parminder Chopra / पर$मंदर चोपड़ा

Who has been appointed as the new chairman of the Finance Industry Development
Council (FIDC)?
'व) उ_योग 'वकास पvरषद (FIDC) के नए अnय1 के Eप म& :कसे eनयT
(a) Ganesan Kannabiran / गणेशन कiनाबीरन
(b) Anshika Singh / अं>शका >संह
(c) Umesh Revankar / उमेश रे वनकर
(d) Parminder Chopra / पर>मंदर चोपड़ा
The Finance Industry Development Council (FIDC) has appointed Umesh Revankar as its new
chairman.
FIDC is the representative body for asset and loan financing of Non-Banking Finance Companies
(NBFCs).
He currently holds the position of executive vice chairman for Shriram Finance and has decades of
experience and expertise in the financial services industry.
He played a pivotal role in making Shriram Transport Finance Company the largest commercial
vehicle financer in India.

Who has been conferred the prestigious Emerging Entrepreneur of the

Year 2023 award by the renowned Entrepreneur India business
magazine?
fQसSध एंटरfेkयोर इं&डया ‡बजनेस प‡ˆका Sवारा f6ति‰ठत इमिज‹ग एंटरfेkयोर ऑफ द ईयर 2023
परु Jकार से 4कसे सpमा6नत 4कया गया है ?
(a) Anshika Singh / अं$शका $संह
(b) Radhika Goel / राfधका गोयल
(c) Vasudha Gupta / वसध ु ा गु2ता
(d) Manoj Bubna / मनोज बब ु ना

Who has been conferred the prestigious Emerging Entrepreneur of the Year 2023 award by
the renowned Entrepreneur India business magazine?
d7स_ध एंटरdेWयोर इंoडया †बजनेस प†uका _वारा deतिŽठत इमिजœग एंटरdेWयोर ऑफ द ईयर 2023 परु >कारसे :कसे सhमाeनत
:कया गया है ?
(d) Manoj Bubna / मनोज बब ु ना
Manoj Bubna Recognized as ‘Emerging Entrepreneur of the Year 2023

Manoj Bubna, a trailblazing entrepreneur known for his innovative thinking and transformative
approach, has steered his company to unprecedented heights, revolutionizing the industry with his
groundbreaking ideas and steadfast determination.
In a remarkable recognition of visionary leadership and outstanding contributions to the e-commerce
technology landscape, N7 – The Nitrogen Platform’s CEO Manoj Bubna has been conferred the
prestigious Entrepreneur of the Year 2023 award by the renowned Entrepreneur India business
magazine.

The Competition Commission of India (CCI) has approved the merger

of Tata SIA Airlines with which airline, subject to certain conditions?
भारतीय f6तJपधाD आयोग (सीसीआई) ने कुछ शत• के अधीन टाटा एसआईए एयरलाइंस को 4कस
एयरलाइन म3 xवलय को मंजरू ` दे द` है ?
(a) Akasa Air
(b) Go First
(c) SpiceJet
(d) Air India

The Competition Commission of India (CCI) has approved the merger of Tata SIA Airlines
with which airline, subject to certain conditions?
भारतीय deत>पधाX आयोग (सीसीआई) ने कुछ शत• के अधीन टाटा एसआईए एयरलाइंस को :कस एयरलाइनम& 'वलय को मंजू
र@ दे द@ है ?
(a) Akasa Air
(b) Go First
(c) SpiceJet
(d) Air India
The Competition Commission of India (CCI) has approved the merger of Tata SIA Airlines into Air
India, subject to certain conditions.
This landmark merger also involves Singapore Airlines (SIA) and entails the acquisition of shares in
the merged entity, Air India, subject to certain voluntary commitments.
About Competition Commission of India (CCI)
•CCI was set up under the Competition Act, 2002.
•It comes under the Ministry of Corporate Affairs.
•Headquarter – New Delhi
•Chairperson – Ravneet Kaur

Which of the following has launched the Share(dot)Market app

for buying and selling stocks?
6नpनQलqखत म3 से 4कसने Jटॉक खर`दने और बेचने के Qलए शेयर(डॉट)माकŽट ऐप लॉkच
4कया है ?
(a) PhonePe
(b) GooglePay
(c) Paytm
(d) BHIM

Which of the following has launched the Share(dot)Market app for buying and selling
stocks?
eनhन7लjखत म& से :कसने >टॉक खर@दने और बेचने के 7लए शेयर(डॉट)माकžट ऐप लॉWच :कया है ?
(a) PhonePe
(b) GooglePay
(c) Paytm
(d) BHIM
PhonePe announced its foray into stock broking business with the launch of a new mobile
application called ‘Share. Market’, under its subsidiary PhonePe Wealth Broking.
According to PhonePe, the Share(dot)Market app elevates discount broking by providing market
intelligence and quantitative research-based WealthBaskets, a scalable technology platform.
Share(dot)Market app will provide a wide spectrum of investment products, including stocks
(intraday and delivery), mutual funds, exchange-traded funds (ETFs), and WealthBaskets.

Use code : SHEETAL
India Post has entered into an agreement with which company to
strengthen the e-commerce export ecosystem?
इं&डया पोJट ने ई–
कॉमसD 6नयाDत पाAरिJथ6तकo तंˆ को मजबत
ू करने के Qलए 4कस कंपनी के साथ समझौता 4कया
है ?
(a) Shiprocket / $शपकोरे ट
(b) eBay / ईबे
(c) Walmart / वॉलमाटX
(d) Amazon / अमेज़ॅन

India Post has entered into an agreement with which company to strengthen the e-
commerce export ecosystem?
इंoडया पो>ट ने ई.कॉमसX eनयाXत पाvरि>थeतक\ तंu को मजबत
ू करने के 7लए :कस कंपनी के साथ समझौता :कया है ?
(a) Shiprocket / >शपकोरे ट
(b) eBay / ईबे
(c) Walmart / वॉलमाटW
(d) Amazon / अमेज़ॅन
The Department of Posts has entered into an agreement with Bigfoot Retail Solution Pvt Ltd
(Shiprocket), a leading e-commerce enablement platform.
The collaboration aims to enhance e-commerce exports by leveraging India Post’s extensive
presence and shipping solutions.
This agreement will lead to technical integration between Dak Ghar Niryat Kendra and Shiprocket
and enable India-based sellers, using Shiprocket, to directly generate e-PBE and shipping labels
from Shiprocket platform itself.

Which bank has launched a “virtual commercial card”, that will redefine
cross-border transactions for corporates and travel agents?
3कस ब,क ने “वचअ ु* ल कमUश*यल काड*” लॉkच 3कया है , जो कॉरपोरे lस और nै वल एजIटo के Uलए सीमा
पार लेनदे न को 3फर से प'रभाMषत करे गा?
(a) Federal Bank / फेडरल ब-क
(b) Axis Bank / एि1सस ब-क
(c) Yes Bank / यस ब-क
(d) IndusInd Bank / इंडसइंड ब-क

Which bank has launched a “virtual commercial card”, that will redefine cross-
border transactions for corporates and travel agents?
:कस ब;क ने “वचअ
ुX ल कम7शXयल काडX” लॉWच :कया है , जो कॉरपोरे Aस और ”ै वल एज&ट… के 7लए सीमा पार लेनदे न
को :फर से पvरभा'षत करे गा?
(d) IndusInd Bank / इंडसइंड ब;क
IndusInd Bank has launched a “virtual commercial card”, that will redefine cross-border
transactions for corporates and travel agents.
Launched as a “virtual commercial credit card”, it would help corporates and the travel
industry, who make numerous bookings in multiple foreign currencies.

Who has been appointed as the Chairman of the Digital Infrastructure Providers
Association (DIPA)?
oडिजटल इं¡ा>”Tचर dोवाइडसX एसो7सएशन (DIPA) के अnय1 के Eप म& :कसे eनयT
ु लनाम
(c) Dhananjay Joshi / धनंजय जोशी
(d) Shivani Tyagi / >शवानी cयागी

Who has been appointed as the Chairman of the Digital Infrastructure Providers
Association (DIPA)?
oडिजटल इं¡ा>”Tचर dोवाइडसX एसो7सएशन (DIPA) के अnय1 के Eप म& :कसे eनयT
ु लनाम
(c) Dhananjay Joshi / धनंजय जोशी
(d) Shivani Tyagi / >शवानी cयागी
Dhananjay Joshi has been appointed as the Chairman of the Digital Infrastructure Providers
Association (DIPA).
Dhananjay Joshi currently serves as the Managing Director and CEO of Summit Digital, a
leading Indian telecommunications company.
He succeeds Akhil Gupta, who has served as Chairman of Bharti Enterprises and Chairman of
DIPA since 2011.
The new leadership for the term 2023-24 was announced at the DIPA Annual General
Meeting 2022-23.

India and which country have signed an MoU in the field of sharing successful
Digital Solutions implemented at the Population Scale for Digital Transformation?
भारत और :कस दे श ने oडिजटल पvरवतXन के 7लए जनसंŒया पैमाने पर लागू सफल oडिजटल समाधान… को साझा
करने के 1ेu म& एक समझौता Oापन पर ह>ता1र :कए ह;?
(a) Mangolia / मंगो>लया
(b) Ghana / घाना
(c) Armenia / आमmnनया
(d) Namibia / नामीoबया

India and which country have signed an MoU in the field of sharing successful
Digital Solutions implemented at the Population Scale for Digital Transformation?
भारत और :कस दे श ने oडिजटल पvरवतXन के 7लए जनसंŒया पैमाने पर लागू सफल oडिजटल समाधान… को साझा
करने के 1ेu म& एक समझौता Oापन पर ह>ता1र :कए ह;?
(a) Mangolia / मंगो>लया
(b) Ghana / घाना
(c) Armenia / आमžeनया
(d) Namibia / नामीoबया
The Government has approved the signing of an MoU between the Ministry of Electronics
and Information Technology of India and the Ministry of High-Tech Industry of Armenia on
Cooperation in the field of sharing successful Digital Solutions implemented at the
Population Scale for Digital Transformation.

Which state government has signed an MoU with six public sector banks for providing
banking services in all unbanked gram panchayats (GPs) of the state through
customer service point (CSP) Plus banking outlets?
:कस रा¢य सरकार ने •ाहक सेवा †बंद ु (सीएसपी) wलस ब;:कंग आउटलेट के माnयम से रा¢य क\ सभी ब;क रzहत •ाम
पंचायत… (जीपी) म& ब;:कंग सेवाएं dदान करने के 7लए छह सावXजeनक 1ेu के ब;क… के साथ एक समझौता Oापन पर ह
>ता1र :कए ह;?
(a) Maharashtra / महाराef
(b) Tamil Nadu / त>मलनाडु
(c) Odisha / ओ)डशा
(d) Andhra Pradesh / आंq gदे श

Which state government has signed an MoU with six public sector banks for providing banking
services in all unbanked gram panchayats (GPs) of the state through customer service point
(CSP) Plus banking outlets?
Lकस रा~य सरकार ने •ाहक सेवा €बंद ु (सीएसपी) hलस ब,Lकंग आउटलेट के माdयम से रा~य क} सभी ब,क र;हत •ाम पंचायत\ (जीपी)
मC ब,Lकंग सेवाएं jदान करने के =लए छह साव*जWनक eेy के ब,क\ के साथ एक समझौता sापन पर ह3ताeर Lकए ह,?
(a) Maharashtra / महाराOP
(b) Tamil Nadu / त:मलनाडु
(c) Odisha / ओ‚डशा
(d) Andhra Pradesh / आंQ Rदे श
The Odisha government has signed an MoU with six public sector banks for providing banking services in all
unbanked gram panchayats (GPs) of the state through customer service point (CSP) Plus banking outlets.
These banks were the State Bank of India, Punjab National Bank, Union Bank of India, UCO Bank, Bank of
India and Bank of Baroda.
The banking penetration in the state is quite low and not uniform across the districts. As many as 4,373 out
of 6,798 GPs not have brick-and-mortar branches. That means around 65 percent of GPs do not have such
bank branches.

Last 6 Months Rbi News Top 150 Mcqs Notes

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Last 6 Months Rbi News Top 150 Mcqs Notes

Uploaded by

Copyright:

Available Formats

LAST 6 MONTHS

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL

SHEETAL SHARMA MA’AM OFFICIAL