Q1. Mahindra and Mahindra Financial Services Ltd announced a strategic partnership with which of the following to enhance credit access to a larger customer base?
(a) Jio Post Payments Bank
(b) Phone Pe
(c) India Post Payments Bank
(d) Google Pay
(e) None of the above
Q2. Paytm brand has partnered with which Small Finance Bank to deploy card machines to further drive digitisation among merchants across the country?
(a) AU Small Finance Bank
(b) Equitas Small Finance Bank
(c) Utkarsh Small Finance Bank
(d) Jana Small Finance Bank
(e) None of the above
Q3. Which of the following came out with a standard operating procedure for inter-operable regulatory sandbox in a bid to facilitate testing of innovative products falling within the regulatory ambit of more than one financial sector regulators?
(a) SEBI
(b) Finance Ministry
(c) NABARD
(d) NITI Aayog
(e) None of the above
Q4. Life Insurance Company (LIC) has launched non-linked, non-participating, individual, savings life insurance plan which offers a combination of protection and savings the ‘LIC Dhan Varsha’ scheme. Where is headquarter of LIC located?
(a) Pune
(b) New Delhi
(c) Vadodara
(d) Mumbai
(e) None of the above
Q5. Leading stock brokerage firm, HDFC Securities, announced the opening of the first-ever Women-Only Digital Centre (DC) in India. In which Indian city this centre has been opened?
(a) Indore
(b) Bengaluru
(c) Mumbai
(d) Ahmedabad
(e) None of the above
Q6. Which bank has launched a term deposit scheme named the KBL Centenary Deposit Scheme to honour the amazing journey towards its Centenary and to thank its customers
(a) Karur Vyasya Bank
(b) Canara Bank
(c) Bandhan Bank
(d) Karnataka Bank
(e) None of the above
Q7. Which of the following has released a concept note on the Central Bank Digital Currency (CBDC)?
(a) Finance Ministry
(b) NITI Aayog
(c) Securities Exchange Board of India
(d) Reserve Bank of India
(e) None of the above
Q8. Give the name of fintech platform that has announced the launch of its first green data centre in India, leveraging technologies and solutions from Dell Technologies and NTT.
(a) PhonePe
(b) Amazon Pay
(c) Jio Finance
(d) Paytm
(e) None of the above
Q9. Which bank in India has announced that it has roped in Sourav Ganguly as its Brand Ambassador that will help amplify the brand message of the Bank and endorse the products and services of the Bank?
(a) Bandhan Bank
(b) DBS Bank
(c) Axis Bank
(d) Karnataka Bank
(e) None of the above
Q10. BookMyShow will significantly increase the entertainment value for Indian consumers by launching of a new credit card called “Play”. This credit card launched in association with which of the bank?
(a) Axis Bank
(b) Canara Bank
(c) Bank of Baroda
(d) RBL Bank
(e) None of the above
Solutions
S1. Ans(c)
Sol. Mahindra and Mahindra Financial Services Ltd announced a strategic partnership with India Post Payments Bank to enhance credit access to a larger customer base.
S2.Ans (d)
Sol. Paytm brand has partnered with Jana Small Finance Bank to deploy card machines to further drive digitisation among merchants across the country.
S3. Ans(a)
Sol. SEBI came out with a standard operating procedure for inter-operable regulatory sandbox in a bid to facilitate testing of innovative products falling within the regulatory ambit of more than one financial sector regulators.
S4.Ans (d)
Sol. Mumbai, Maharashtra is the headquarter of LIC.
S5. Ans(b)
Sol. HDFC Securities Opens Women-Only Digital Centre in Bengaluru. The Women-Only DC is another step in HDFC Securities’ aim to foster diversity within the organization.
S6. Ans(d)
Sol. Karnataka Bank has launched a term deposit scheme named the KBL Centenary Deposit Scheme with effect from October 17, 2022. In order to honour the amazing journey towards its Centenary and to thank its customers.
S7. Ans(d)
Sol. The Reserve Bank of India (RBI) has released a concept note on the Central Bank Digital Currency (CBDC).
S8. Ans(a)
Sol. PhonePe, a homegrown fintech platform, announced the launch of its first green data centre in India, leveraging technologies and solutions from Dell Technologies and NTT.
S9. Ans(a)
Sol. Bandhan Bank has announced that it has roped in Sourav Ganguly as it’s Brand Ambassador. Sourav Ganguly will help amplify the brand message of the Bank and endorse the products and services of the Bank.
S10. Ans(d)
Sol. The launch of a new credit card called “Play” by RBL Bank and BookMyShow will significantly increase the entertainment value for Indian consumers.